Entrepreneurship
Australian dollar out of gas as economy sputters
[SYDNEY] The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut...
Japan’s top banks said to mull joint ATM operation to cut costs
Published Wed, Jun 4, 2025 · 11:29 AM[TOKYO] MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...
Garuda said in talks for US$500 million from Indonesia wealth fund
[JAKARTA] Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to sources familiar with the matter, as the...
Gold steady as US-China trade uncertainty offsets strong US jobs data
Published Wed, Jun 4, 2025 · 09:43 AM[BENGALURU] Gold prices held steady on Wednesday (Jun 4) as the uncertainty over US-China trade relations offset the impact of strong US...
Japfa to delist from SGX on Jun 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the existing business [SINGAPORE] The agri-food company Japfa will be delisted...
US farm sentiment at four-year high as Trump seeks trade deals
[CHICAGO] American farmer sentiment jumped to a four-year high, with growers betting on rising crop exports as the Trump administration pushes for more trade deals from Vietnam to Italy....
HPE posts strong revenue growth, sees reduced tariff impact
[NEW YORK] Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its business this year.Sales increased 6 per...
US: Stocks advance on hopes of China trade deal
Published Wed, Jun 4, 2025 · 06:09 AM[WASHINGTON] Wall Street stocks bounced on Tuesday as investors hoped for upcoming trade deals to cool tensions from US President Donald Trump’s punishing global...
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
[SINGAPORE] Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6 million for the three months ended Mar 31, up...
The privatisation offer for this small Catalist company could cause SGX some discomfort
[SINGAPORE] Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player – should not make much of...
