Entrepreneurship
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality[SINGAPORE] South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into the business-to-business (B2B) market,...
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut next month, while Puma jumped on takeover...
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres[BEIJING] Top Chinese firms are training their artificial intelligence models abroad...
JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks[SINGAPORE/ HONG KONG] JPMorgan Chase has raised its recommendation for China’s stocks to “overweight”, stating that...
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
[HONG KONG] Shares of China Taiping Insurance Holdings fell as much as 8 per cent on Thursday (Nov 27) on concerns about its coverage exposure of more than US$200...
TotalEnergies ceases Singapore EV charging operations; charge-point network transferred to LTA
[SINGAPORE] TotalEnergies Charging Services Singapore, the charging point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination agreement to transfer its charge-point network” to...
Do Kwon says five years in prison enough for Terra crypto fraud
[NEW YORK] Terraform Labs co-founder Do Kwon says he should get no more than five years in prison in the US for his role in a fraud tied to...
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under management...
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom[LONDON] While some bank stocks...
Chinese LNG demand looks set to disappoint for yet another year
[BEIJING] Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high global prices look set to reduce purchases.Imports will...
