Entrepreneurship

Tesla’s flying Roadster with cold rockets is mostly hot air
[SINGAPORE] On Oct 15, Tesla displayed the long-delayed second-generation of its Roadster sports car. Fitted with rockets – cold gas thrusters (CGTs) – the machine climbed an inverted ramp,...
IBM posts 5% sales growth that tops estimates, says infrastructure deals came back
Its closely-watched software unit grows 8.3% to US$7.8 billion, ahead of Wall Street expectationsPublished Thu, Oct 22, 2026 · 06:45 AM[SAN FRANCISCO] International Business Machines (IBM) reported sales that...
Oil prices steady as investors weigh geopolitics, lower US stockpiles
US crude stocks have fallen by 3.06 million barrels to 412.5 million barrels as at last weekPublished Thu, Oct 22, 2026 · 06:08 AM[HOUSTON] Oil prices settled with little...
FCT, NLB to turn Causeway Point’s former cinema space into reading hub in mall revamp
An asset enhancement initiative is slated to start in Q2 2027 and be completed by end-2029[SINGAPORE] Frasers Centrepoint Trust (FCT) will repurpose the former cinema space at Causeway Point...
Wall Street opens higher as SpaceX, Super Micro results lift AI stocks
Published Wed, Oct 21, 2026 · 10:03 PMWALL Street’s main indexes opened higher on Wednesday (Oct 21) after quarterly results from SpaceX and Super Micro Computer improved appetite for...
Singapore’s EQDP attracts more than S$1 in private capital for every public dollar invested: Chee Hong Tat
The Republic’s fundamentals ‘remain sound’ even amid a more challenging external environment, he adds[SINGAPORE] The Equity Market Development Programme (EQDP) has attracted more than a dollar in private capital...
BT journalists clinch double win at Sias awards for financial journalism
[SINGAPORE] Two journalists from The Business Times clinched accolades for their work in financial journalism at the 2026 Investors’ Choice Awards by the Securities Investors Association (Singapore), or Sias.Senior...
OCBC to add ringgit to Singapore-based savings accounts from Oct 23
Customers can hold up to RM50,000, earn interest on their balances and spend directly in Malaysia[SINGAPORE] OCBC will allow customers to hold the Malaysian ringgit in their Singapore-based multi-currency...
Taiwan’s competition watchdog quashes Grab’s acquisition of foodpanda in Taiwan
[SINGAPORE] Taiwan’s Fair Trade Commission (TFTC) announced on Wednesday (Oct 21) that it has barring Grab’s acquisition of foodpanda in Taiwan.The competition watchdog said it had identified a number...
Indonesia’s central bank keeps main rate unchanged but hikes deposit facility rate, to cut RRR
Published Wed, Oct 21, 2026 · 03:23 PM — Updated Wed, Oct 21, 2026 · 03:41 PM[JAKARTA] Indonesia’s central bank kept its main policy rate unchanged on Wednesday (Oct 21)...
Cyberattack hits India’s largest bank, exposes customer records
The leak highlights risks facing the sector as lenders expand digital services and handle increasing volumes of informationPublished Wed, Oct 21, 2026 · 02:49 PM[MUMBAI] State Bank of India...
South-east Asia digital economy to hit US$368 billion GMV in 2026, US$1.1 trillion in 2035: report
E-commerce will contribute the bulk of the growth, with AI improving product discovery and recommendations[SINGAPORE] The digital economy in South-east Asia is set to hit US$368 billion in gross...