Entrepreneurship
Apple plans Texas factory for AI servers, 20,000 research jobs
APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000...
Singapore shares slide on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities were marginally lower at the end of the...
Chinese firms dump Europe for Hong Kong to raise funds
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares in Hong Kong...
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora.Shareholders of the Silicon Valley-based firm approved the all-cash deal...
Cloud Hosting: What Your IT Guy Won’t Tell You
Cloud hosting is everywhere these days, and it’s often marketed as the ultimate solution for businesses. But is it the silver bullet it claims to be? While it offers...
Indonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...
Franchise Dreams: 7 Steps to Clone Your Success
Thinking about franchising your business? It’s a big leap, but it could be the perfect way to grow your brand and reach new markets. Franchising isn’t just about selling...
Olam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock Investment Company (Salic) for the proposed disposal of about 44.58 per...
China’s local government bond rush worsens liquidity strain
CHINA’S local governments are rushing to issue bonds to refinance hidden debt, further tightening liquidity in the financial system. Regional authorities are set to sell 1.7 trillion yuan (S$313...
