Entrepreneurship
Coupang CEO resigns over historic South Korean data breach
[SEOUL] Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a regulatory and political backlash against the country’s...
Analysts upbeat on Singapore’s office Reits, naming one ‘uniquely leveraged’ to tap rental upside
[SINGAPORE] The coming year is looking promising for office Singapore real estate investment trusts (S-Reits), said analysts.The sector has begun to see “tangible improvements in capital management metrics as...
Nvidia builds location verification tech that could help fight chip smuggling
[SAN FRANCISCO] Nvidia has built location verification technology that could indicate which country its chips are operating in, according to sources familiar with the matter, a move that could...
Olam unit bags US$1.12 billion dual currency loan facility
It will be used to refinance ofi’s existing loans and for general corporate purposes[SINGAPORE] Agribusiness conglomerate Olam Group said on Wednesday (Dec 10) that its wholly owned subsidiary, Olam...
Asian stocks in retreat as traders eye Fed decision, tech earnings
ASIAN markets retreated on Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the...
World’s largest airline caterer Gategroup, co-owned by Temasek, said to be prepping for IPO
THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next year, people familiar with the matter...
A guide to the Nvidia chips at the centre of US-China AI rivalry
[SAN FRANCISCO] As China races to catch up with the US in artificial intelligence (AI) technology, the state of relations between the countries can be gauged by looking at...
New Zealand central bank says policy path not preset, guided by inflation outlook
[WELLINGTON] New Zealand’s top central banker said on Wednesday that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation...
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
[NEW YORK] Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said on Tuesday (Dec 9), adding...
Should CapitaLand Ascendas Reit rejig its portfolio further in favour of data centres and life sciences assets?
With the Reit in a prime position to capitalise on its advantage in such assets, this is the right time to seize the opportunities [SINGAPORE] CapitaLand Ascendas Reit’s (Clar) portfolio...
