Entrepreneurship

Oil steadies after Trump extends EU trade talks deadline
[CALGARY] Oil prices steadied on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc that...
Europe: Stocks recover after Trump delays EU tariffs in hopes of deal
EUROPEAN shares kicked off the week on a positive note on Monday, recouping the previous session’s losses, as markets heaved a sigh of relief after US President Donald Trump delayed...
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
[SINGAPORE] Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year ending Mar 31, a 13 per...
Sembcorp Industries enters agreement to explore exporting clean energy from Vietnam
[SINGAPORE] Energy company Sembcorp Industries’ subsidiary, Sembcorp Utilities, has entered into an agreement with several of its counterparts in South-east Asia to explore exporting renewable energy from Vietnam into...
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
[HONG KONG] China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more...
Volvo Cars to cut 3,000 jobs in restructuring
The reductions will primarily affect office-based positions in Sweden and represent around 15% of the total office-based workforce globallyPublished Mon, May 26, 2025 · 07:53 PM[STOCKHOLM] Sweden-based Volvo Cars...
Chinese EV stocks tumble after BYD slashes prices as much as 34%
[HONG KONG] BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts of as much as...
Australia’s WiseTech agrees to buy E2open for US$2.1 billion
The deal, which will be fully funded through a new US$3 billion debt facility underwritten by a syndicate of nine lendersPublished Mon, May 26, 2025 · 04:19 PM[BENGALURU] Australian...
India’s central bank seeks approval for overseas rupee lending: sources
[NEW DELHI] India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first...
Vietnam’s VietJet orders 20 more Airbus planes as Macron visits Hanoi
Published Mon, May 26, 2025 · 01:18 PM[HANOI] Vietnamese budget carrier VietJet on Monday agreed to place a new order with planemaker Airbus for 20 A330neo wide-body jets, the...
OpenAI to open office in Seoul amid growing demand for ChatGPT
Published Mon, May 26, 2025 · 12:56 PM[SEOUL] OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the...
Asia: Markets mixed as Trump dials down after EU tariff threat
[SINGAPORE] Asian stocks were mixed on Monday after Donald Trump thrust his trade war back into the spotlight by threatening the European Union with huge tariffs before extending a...