Entrepreneurship
HSBC veteran James Cheo to join UBS in senior Apac role
Cheo will be based in Singapore and report directly to Tan Min Lan, head of CIO Apac[SINGAPORE] Banking veteran James Cheo will join UBS from HSBC in March as...
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
[WASHINGTON] Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission in its high-profile...
Stocks to watch: FCT, CLI, OUE Reit, Tan Chong International, Vividthree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8): Source link
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch[BENGALURU] World Liberty Financial, a crypto venture backed by the family...
Samsung expects record Q4 operating profit, beating expectations
[SEOUL] Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’ estimates as tight supply and a surge in...
Jefferies takes US$30 million hit on First Brands as profit drops
[NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands...
Oil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact of US actions.US data on Wednesday showed...
European stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela developments and sifted through a fresh batch of economic...
Chinese AI server leader xFusion hires investment bank in first step towards listing
The Chinese authorities have fast-tracked IPOs in the AI and chipmaking sectors due to US’ curbs on high-tech exports[SHANGHAI] China’s leading artificial intelligence (AI) server provider xFusion has hired...
Chinese refiners expected to replace Venezuelan oil with Iranian crude
Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels[SINGAPORE] Chinese independent refiners are expected to switch to heavy crude...
