Entrepreneurship
Julius Baer focuses on costs as CEO sets ‘realistic’ goals
The Zurich-based wealth manager will seek 130 million Swiss francs (S$205 million) in cost reductions to 2028Published Tue, Jun 3, 2025 · 04:05 PMJULIUS Baer is stepping up its...
China’s Temu and Shein want to crack Europe, but the US is too big to quit
HUANG Lun was one of the original architects of his Guangzhou-based company’s push into the US market, helping it to sell underwear and yoga pants via the online commerce...
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
[TOKYO] The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases from fiscal year 2026...
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac dataPublished Tue, Jun 3, 2025 · 10:03 AM[MELBOURNE] Australia’s financial...
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
[SINGAPORE] Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on Tuesday (Jun 3) after the Widjaja...
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit (Clar): The manager said on Tuesday that it received in-principle...
Asia’s top-rated bonds lifted by pullback from US Treasuries
[MELBOURNE] Bonds in Australia and Singapore are getting a lift from rising questions about the appeal of Treasuries, as fears that a proposed US tax bill may hit foreign...
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save moneyPublished Tue, Jun 3, 2025 · 06:46 AM[NEW...
Europe: Shares stumble on Trump’s new tariff threat
EUROPEAN shares began June on a dour note as markets grappled with US President Donald Trump’s new tariff plans that threatened to reignite a fresh wave of global trade tensions.The...
Disney lays off hundreds in film, TV as industry woes linger
[LOS ANGELES] Walt Disney is laying off several hundred employees across its film and TV businesses, cuts that underscore the entertainment industry’s contraction is far from over.The staff reductions...
