Entrepreneurship
Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
The airline has been seeking to rebuild its reputation and international network after a London-bound Boeing 787 Dreamliner crashed in Gujarat in June[NEW DELHI/HONG KONG] Air India is lobbying...
KKR opens Abu Dhabi office in deepening foray into Middle East
[LONDON] KKR is opening an office in Abu Dhabi’s financial centre, part of the alternative investment firm’s efforts to bolster its presence in the emirate as it increasingly becomes...
CDL upgraded to ‘buy’ by RHB on Singapore residential market strength, divestments
[SINGAPORE] RHB has upgraded City Developments Limited (CDL) to “buy” from “neutral”, citing a strong momentum in Singapore’s residential property market, the developer’s renewed focus on asset divestments and...
English youngsters turn to AI for advice: survey
AROUND 40 per cent of young people in England turn to artificial intelligence for advice, support or company, despite many yearning for more real-life connections, new research showed on...
Volkswagen pares India EV development costs amid hunt for a partner
The spending cuts also reflect growing caution among global carmakers balancing investment between India, China and western markets[DELHI] Volkswagen is slashing costs of developing electric vehicles (EVs) in India...
Trump warns against AI ‘overregulation,’ says US needs to have one federal standard
[WASHINGTON] President Donald Trump said on Tuesday the US must have one federal standard for regulating artificial intelligence, saying the technology risked being over-regulated if each American state came up with...
Trump could announce next Fed chair before Christmas, Bessent tells Fox News
US PRESIDENT Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could announce his pick before Christmas, US Treasury Secretary Scott...
CATL’s 92% rally in Hong Kong faces threat from lockup expiry
Besides cashing out on the stock’s stellar gains, investors have at least one more reason to sell: valuation[HONG KONG] Shares of Contemporary Amperex Technology Co Limited (CATL), up 92...
AI bubble and growth fears are creeping into US credit markets
Risk premiums on everything from investment-grade corporates to junk bonds are hovering near their highest levels in weeks[NEW YORK] The malaise sweeping financial markets globally is creeping into credit...
US: S&P 500 ends down for fourth day as valuation worries weigh, Home Depot drops
[NEW YORK] US stocks ended lower on Tuesday, with the S&P 500 putting in a fourth day of losses as valuation worries hit big technology-related shares and a disappointing forecast pressured...
Oil settles up 1% on Russia sanctions, interviews for next US Fed chair
[HOUSTON] Oil prices settled higher on Tuesday after a choppy session as traders weighed the impact of Western sanctions on Russian oil flows, as well as US President Donald Trump saying his...
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures[SINGAPORE] Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical...