Entrepreneurship

UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM[WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last...
StanChart announces multi-year partnership with Formula 1
[SINGAPORE] Standard Chartered (StanChart) announced on Tuesday (Jan 27) a multi-year deal to become Formula 1’s global partner starting in 2026.Through this agreement, the bank will be the official...
Fed’s first meeting of 2026 likely to be dominated by threats to central bank’s independence
ALL eyes are on what US Federal Reserve chairman Jerome Powell will say and do this week. While he is unlikely to change policy at the end of the...
Increased AI automation can worsen gender inequality in the workplace: report
Study by non-profit advocacy group finds that young women are the most vulnerable to being displaced by the tech[SINGAPORE] As artificial intelligence (AI) transforms the economy, women – especially...
Vietnam’s e-scooters rise on policy tailwinds, eroding petrol bike sales
VinFast logged a jump of nearly six times in e-scooter sales in 2025, outpacing Honda’s marginal growth and a decline at Yamaha[HANOI] Petrol-powered motorbikes are losing appeal in Vietnam,...
Tax transparency and trust in the business ecosystem
Transparency has evolved into a defining pillar of good governance and public accountabilityMULTINATIONAL corporations worldwide are navigating a profound shift, compelled by new rules to disclose more about their...
JD.com’s Jingdong Property files for Hong Kong IPO
Published Tue, Jan 27, 2026 · 02:02 PM[SINGAPORE] Jingdong Property, a Chinese logistics infrastructure manager majority owned by e-commerce major JD.com, has filed for an initial public offering (IPO)...
Gold, silver rise to near record highs on lingering safe-haven demand
The white metal has already surged 55% so far this year.Published Tue, Jan 27, 2026 · 10:54 AM[BENGALURU] Gold rose on Tuesday (Jan 27), after breaking through the US$5,100...
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer[SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at...
STI breaks 4,900 amid expectations for Fed to hold rates steady
[SINGAPORE] The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time.The benchmark index hit a historic record...
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
[SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has gained strong momentum across Asean, with the trend expected to continue. “We do...
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market Published Tue, Jan 27, 2026 · 08:56 AM[BEIJING] China’s biggest sportswear brand...