Entrepreneurship
Oil settles slightly higher as Moscow peace talks fail to reach breakthrough
Recent Ukrainian attacks on oil export sites on the Russian Black Sea coast have highlighted the geopolitical concerns stemming from the war[HOUSTON] Oil prices settled higher on Wednesday (Dec...
Indexes close higher as data keeps Fed rate cut expectations elevated
[NEW YORK] US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...
European shares end flat; Inditex jumps on strong November sales
[BENGALURU] European shares ended largely steady on Wednesday (Dec 3), aided by gains for technology that offset sharp declines in financials, while Inditex surged to a near one-year high...
3 Pricing Moves Early Stage Teams Use To Unlock Profit
You can feel when your pricing is holding your company back. You see interest in your product, but the revenue never quite catches up. The team is building, iterating,...
Fed data suggests central bank has stopped losing money
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury[WASHINGTON] The Federal Reserve appears to have finally turned the corner on a...
Wall Street opens lower as investors assess data, Microsoft falls
[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Dec 3), as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said...
Global accounting body IASB consults on new model for assessing bank risks
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks[LONDON] Banks could give investors a clearer view on how they manage risks, such...
Airbus cuts 2025 delivery target after issues with top-selling jet
[PARIS] Airbus cut its 2025 delivery target to around 790 commercial aircraft on Wednesday (Dec 3), 30 fewer than previously expected, but maintained financial goals following a quality issue...
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are transacted[SINGAPORE] Singapore shares rose on Wednesday (Dec 3),...
GXS cuts about 10% of workforce in rightsizing exercise
[SINGAPORE] Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.This exercise is part of the group’s transition from the early...
MAS EQDP: Manulife Investment Management launches Singapore all-cap fund strategy
[SINGAPORE] Manulife Investment Management said it will launch a fund strategy with an emphasis on Singapore small and mid caps, shortly after it was appointed among a second batch...
Apple Tap to Pay launches in Singapore, allows merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa[SINGAPORE] Apple has announced that Tap to Pay on iPhone is now available...