Entrepreneurship

Tesla eyes battery-cell production in Germany from 2027: report
Europe continues to trail China in the development of large-scale cell-production capacity[BERLIN] Tesla plans to launch battery-cell production at its plant outside Berlin as soon as 2027, German press...
US threatens retaliation over ‘unreasonable’ EU tech regulations
THE United States threatened countermeasures against the EU on Tuesday over the bloc’s efforts to tax American firms, pointing to major European companies as potential targets.But the European Union...
Oil jumps 2% as Trump’s Venezuela blockade stokes uncertainty
While many ships lifting Venezuelan oil are sanctioned, others moving crude from Iran and Russia are not[LONDON] Oil prices rallied by nearly 2 per cent on Wednesday (Dec 17)...
Stand Strong Show Up For Hanukkah
Hanukkah is not just candles and songs. It’s a story about resilience. Right now, with fresh threats and shaken communities, that story matters. My take is simple: we must...
Property tycoon Gordon Tang’s Acrophyte to acquire Suntec Reit’s manager for S$190 million
Tang and his affiliates currently own 35.7% of the Reit itself, while ESR owns 10.8%[SINGAPORE] Property tycoon Gordon Tang has signed a deal to acquire 100 per cent of...
F&N subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong[SINGAPORE] F&N Dairy Investments (FNDI), a wholly owned subsidiary of food and...
EC World Reit granted more time until May 2026 to submit resumption proposal
SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations[SINGAPORE] EC World Real Estate Investment Trust’s (ECW) application for more time...
EU to yield on combustion engines ban after automaker pressure
It will be the union’s most significant climb-down from its green policies of the past five years[STRASBOURG, France] The European Commission is set to backtrack on the European Union’s...
Singapore stocks edge lower ahead of key US data; STI down 0.2%
[SINGAPORE] Singapore stocks ended lower on Tuesday (Dec 16), ahead of a slate of US economic data due later in the day.The benchmark Straits Times Index (STI) fell 0.2...
‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets[LONDON] The non-bank financial sector’s share of global assets grew to 51 per cent,...
MUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on Apr 1[TOKYO] Junichi Hanzawa, the next chief executive officer of Mitsubishi UFJ...
China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors[BEIJING/HONG KONG] Chinese artificial intelligence (AI) chip startup Biren Technology aims to launch...