Entrepreneurship

These Singapore winners can benefit from AI boom, power crunch: Morgan Stanley
[SINGAPORE] The US “shale revolution” is about to export a windfall to Singapore, helping defray the cost of powering the artificial intelligence boom. A “glut” of new LNG supply...
South Korea bourse CEO sees Kospi at 6,000, vows to cut ‘zombie’ firms
The index’s surge over the past 12 months is the best among more than 90 global equity indexes tracked by Bloomberg[SEOUL] The world-beating rally in South Korean stocks is...
UK mulls Australia-style ban on social media for children
[LONDON] Britain is considering a range of measures to better protect children online, including an Australian-style ban on social media for those below a certain age and tougher guidance...
Stocks to watch: SGX, Mapletree Pan Asia Commercial Trust, Boustead Singapore, Jumbo Group
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 20): Singapore Exchange (SGX) : The SGX will expand its current suite...
Zurich Insurance offers US$10 billion to buy UK insurer Beazley
[LONDON] Swiss insurance company Zurich Insurance Group has raised its offer to buy rival speciality insurer Beazley to 1,280 pence (S$22.016) per share in cash, it said on Monday...
HSBC on course for £300 billion valuation, top executive says
[LONDON] Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course for a capitalisation in...
Market watchers view SIA-Air India’s commercial cooperation favourably
SIA’s brand premium is unlikely to be diluted as both carriers continue to maintain their respective brands[SINGAPORE] Industry watchers view favourably the recently announced commercial cooperation of Singapore Airlines...
Singapore bourse targets global macro funds in Japan rates push
[SINGAPORE] Singapore Exchange will introduce futures on longer-dated Japanese government bonds as trading in the world’s third-biggest debt market heats up.SGX will make 20-year mini JGB futures available for...
FCT weighs Johor Bahru retail threat with RTS Link, bets on Northern Singapore
Retail sales leakage to Johor Bahru is expected to increase from about 4 per cent to about 5 per cent[SINGAPORE] The manager of Frasers Centrepoint Trust (FCT), which owns...
Micron says AI-driven memory crunch is ‘unprecedented’
PC makers have also warned they are likely to be affected by the ongoing shortage[WASHINGTON] Nvidia supplier Micron Technology said an ongoing memory chip shortage has accelerated over the...
Oil firmer as ebbing Iranian protests lower chance of US attack
[NEW DELHI] Oil prices were up slightly on Monday, after the previous session’s rise, as Iran’s deadly crackdown on protests quelled civil unrest, narrowing chances for a US attack...
China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different prospects for the...