Entrepreneurship

Oil prices settle at 7-week high on worries about Iran exports
[NEW YORK] Oil prices climbed and settled at seven-week highs on Monday on worries that Iran’s exports could decline as the sanctioned Opec member cracks down on anti-government demonstrations.Limiting price...
Meta plans to cut 10% of jobs at company’s Reality Labs division
[SAN FRANCISCO] Meta Platforms plans to cut 10 per cent of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some...
What Emotionally Mature Founders Do When Everything Feels Uncertain
There is a specific kind of uncertainty that only founders experience. Not the hypothetical kind, but the lived version where the runway is shrinking, customers are quiet, and every...
Wall Street falls at open on worries over Fed autonomy
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central...
StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures[SINGAPORE] Standard Chartered plans to set up a prime brokerage for cryptocurrency trading, sources said,...
Not another dotcom bubble: DBS CIO doubles down on AI, healthcare
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals[SINGAPORE] The so-called “artificial intelligence (AI) bubble”, which has some concerned, is not the same as the...
Singapore Exchange proposes bond futures for India, South-east Asia
THE Singapore Exchange (SGX) held multiple calls with treasury officials from global banks about introducing futures tied to some Asian government bond markets, according to people familiar with the...
Reliance halts cell-making plans after failed bid for China tech
Its struggles show that companies asked to make India carbon-zero by 2070 cannot progress without better bilateral ties with Beijing[DELHI] Reliance Industries has paused plans to make lithium-ion battery...
China battery shares drop on plan to cut export tax rebates
From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 [HONG KONG/SINGAPORE] Chinese battery shares fell after Beijing unveiled...
HSBC launches UAE asset management business to tap into wealth influx 
The bank has focused its growth efforts on regions such as Asia and the Middle East[DUBAI] HSBC is opening an asset management business in the UAE and launching 10...
Europe and China’s feud over chips is reaching a breaking point
Since a Dutch court intervened in Nijmegen-based Nexperia’s ownership in October, the stand-off has threatened to disrupt car production in Europe and around the world[BEIJING] An effort by Europe...
US to host meeting on rare earths as China-Japan spat simmers
The discussions are expected to also include officials from Australia, South Korea, India, Mexico and the European UnionTHE US will host a gathering of Group of Seven (G7) ministers...