Entrepreneurship

Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels[OSLO] Danish shipping company Maersk will return to sailing...
Australia social media ban hits 4.7 million teen accounts in first month
[SYDNEY] Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a world-first ban on under-16s took effect, the country’s Internet...
ASML tops US$500 billion market cap as TSMC plans to spend more
[AMSTERDAM] ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time on Thursday (Jan 15), after top...
Philippines to join Indonesia, Malaysia in blocking Grok AI
[MANILA] The Philippines will join Malaysia and Indonesia in blocking Elon Musk’s Grok artificial intelligence chatbot amid growing concerns over sexualized images generated by the AI system, according to...
Changi Airport ranks as 4th busiest international airport in 2025: OAG report
Dubai International Airport keeps its place as the world’s busiest international airport, with a seat volume of 62.4 million [SINGAPORE] Changi Airport was the fourth busiest international airport in...
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Company will have an estimated market capitalisation of about S$88.1 million post-listing[SINGAPORE] Home-grown co-living operator The Assembly Place (TAP) has launched its initial public offering (IPO) of about 50.3...
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture[LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits...
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
RHB initiates “buy” on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday[SINGAPORE] RHB has initiated coverage on co-living operator Coliwoo...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
[SINGAPORE] DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats , as it advised investors to shift their...