Entrepreneurship

Vessel in Seatrium-Maersk settlement hit by Trump’s stop-work order on wind farms
[SINGAPORE] Seatrium said it is “closely monitoring” the Trump administration stop-work order issued to the end-customer of a U$475 million wind vessel job, noting that it can be redeployed...
End-buyer of Seatrium-Maersk vessel caught up in Trump’s stop-work order
Empire Offshore Wind’s farm is set to use Seatrium’s wind vessel at centre of recent legal tussle with a Maersk unit[SINGAPORE] Seatrium said it is “closely monitoring” the Trump...
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped...
Straits Trading launches senior living pilot in bid to grow independent living business
It aims to build an integrated independent value-chain in the senior living business [SINGAPORE] Mainboard-listed The Straits Trading Company on Tuesday (Dec 23) unveiled a new pilot programme for...
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI) : Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed...
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024THE standoff between China and Japan threatens to exacerbate a seasonally weak...
US freezes five big offshore wind projects, shares dive
THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what it called national security concerns, sending shares...
Oil settles higher on risk of disruptions to Venezuela, Russia supply
[NEW YORK] Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and...
Wall Street climbs as tech rebound gathers momentum
[NEW YORK] US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound from last week’s sell-off, while...
HTC bets its open AI strategy to drive smart glasses sales
The glasses support multiple platforms, letting users benefit from improvements by various models[TAIPEI] Taiwan’s HTC is betting its open platform strategy will allow it to build market share in...
China to scrub small overdue debts from credit records to help spur lending
[BEIJING] China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835) incurred since 2020 to be removed...
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
[SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major...