Entrepreneurship

US Fed proposes averaging large bank stress test results to reduce volatility
[WASHINGTON] The US Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday (Apr 17), proposing to average results over two...
Oil posts weekly gain on trade deal hopes, new Iran sanctions
[NEW YORK] Oil prices settled more than 3 per cent higher on Thursday (Apr 17), supported by hopes for a trade deal between the United States and the European...
US: Stocks mixed as Trump eyes trade deal, rips Powell
[NEW YORK] Wall Street stocks finished mixed on Thursday (Apr 17) as markets weighed more upbeat comments from US President Donald Trump on trade with his harsh criticism of...
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While cutting costs and increasing sales are...
Naturalization Process: Addressing USCIS Delays
Waiting to become a U.S. citizen can be exciting until your case stalls for months after your naturalization interview. If you’ve done everything right but haven’t heard back from...
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
[SINGAPORE] Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from...
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
[NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two...
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM[SEOUL] Hyundai Motor plans to temporarily suspend production...
Blackstone’s Q1 profit beats on robust private equity, credit performance
[WASHINGTON] Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across its private equity and credit businesses.Policy uncertainty under...
Temu, Shein see US sales surge ahead of small parcel tariff
[NEW YORK] Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before...
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status 
[SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and...
Bank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February, in a dovish...