Entrepreneurship

Stocks to watch: UOB, Nio, Sanli
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday announced on Tuesday that...
Shein probed by Texas attorney general over labour practices, product safety
The company is headquartered in Singapore but sources most of its products from China, where it has several thousand suppliers[NEW YORK] Texas Attorney General Ken Paxton said on Monday...
European shares kick off December on negative note; Airbus slides
[BENGALURU] European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking off the new month on a cautious...
JPMorgan doubles Swiss business by targeting wealthy clients
[ZURICH] JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country’s wealthiest people, a...
China’s slow-motion stock rally starts to win investor trust 
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain[SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old...
India orders smartphone makers to preload state-owned cyber safety app
Smartphone companies have 90 days to ensure the app is pre-installed on new mobile phones[BENGALURU] India’s telecoms ministry has privately asked smartphone makers to preload all new devices with...
Malaysia’s Perodua unveils US$19,000 EV, battery not included
[KUALA LUMPUR] Malaysian automaker Perodua launched its first electric car on Monday (Dec 1), and will sell the vehicle separately from the battery to reduce upfront costs in a...
Chinese carmakers retreat from record share of European sales
[LONDON] Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where...
Industrial developer Soon Hock to rake in strong earnings from 4 projects worth S$1 billion: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown
[SHANGHAI] Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on virtual currencies and flagged concerns about stablecoins.On Saturday,...
Asian markets mixed as traders eye US data ahead of Fed decision
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure[HONG KONG] Asian equities were mixed on Monday (Dec 1) with investors awaiting the...
MetaOptics shares soar nearly 14% on proposed share placement
Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders[SINGAPORE] Shares of semiconductor optics company MetaOptics soared...