Entrepreneurship
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
[SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has gained strong momentum across Asean, with the trend expected to continue. “We do...
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market Published Tue, Jan 27, 2026 · 08:56 AM[BEIJING] China’s biggest sportswear brand...
Tether says it bought 27 tonnes of gold in fourth quarter
Published Tue, Jan 27, 2026 · 08:49 AM[LONDON] Tether, issuer of the world’s largest stablecoin, added about 27 tonnes of gold to its fund exposure in the fourth quarter...
Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in ParisPublished Tue, Jan 27, 2026 · 08:32 AM[NEW YORK]...
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies[WASHINGTON] Nvidia, the dominant maker of artificial intelligence (AI) chips, invested an additional US$2...
New Airbus commercial CEO signals production focus, backs bigger A220
Published Tue, Jan 27, 2026 · 07:01 AM[DUBLIN] The new CEO of Airbus’ jet division pledged on Monday to focus on increasing production of models including the A350 wide-body...
Nike slashes 775 jobs in US to speed up automation, boost profit
Published Tue, Jan 27, 2026 · 06:44 AMNIKE is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to...
Ubisoft set to cut up to 200 jobs headquarters in restructuring
Published Tue, Jan 27, 2026 · 06:06 AM[PARIS] Ubisoft Entertainment has entered discussions to cut as many as 200 jobs at its French headquarters as part of a reorganisation...
US stocks: Wall Street indexes close higher ahead of earnings, Fed meeting
Published Tue, Jan 27, 2026 · 05:49 AMTHE S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of...
OUE Reit H2 DPU up 10.6% at S$0.0125
However, revenue falls 4.2% due to no contributions from Lippo Plaza Shanghai, which the Reit had divested[SINGAPORE] The manager of OUE Real Estate Investment Trust (Reit) on Monday (Jan...
Low Keng Huat privatisation crosses 90% threshold
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price[SINGAPORE] Mainboard-listed construction and property developer Low Keng Huat (LKH) is set to...
Singapore turns to next-generation power systems to scale AI, train future workforce
This comes as the Republic transitions to a low-carbon energy grid while advancing regional net-zero ambitions[SINGAPORE] As artificial intelligence (AI) drives rising energy demand, data-centre operator ST Telemedia Global...