Entrepreneurship
US: Wall St opens lower as valuation concerns, rate-cut jitters linger
[NEW YORK] Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from...
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative[TOKYO] Toyota Motor detailed plans to invest US$912 million to...
ChatGPT, X among sites blocked in widespread Cloudflare outage
[SAN FRANCISCO] ChatGPT and the social-media platform X were among the websites blocking some users’ access on Tuesday (Nov 18) as the web security firm Cloudflare worked to address...
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Better profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30[SINGAPORE] Co-living operator Coliwoo said in a Tuesday (Nov...
AkzoNobel, Axalta to merge creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout[PARIS] Dulux paint maker AkzoNobel said on Tuesday (Nov 18) that it plans to merge with paintmaker Axalta...
IOI Properties eyeing Reit listings in Malaysia and Singapore: sources
[SINGAPORE] Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two...
Ueda signals BOJ remains on rate hike path after PM meet
[TOKYO] Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support for the economy, signalling...
No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC
Pichai calls the AI boom an ‘extraordinary moment’ but warns of market irrationality[LONDON] Alphabet chief executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom...
Japan’s Nikkei plunges by most in seven months on tech selloff
[TOKYO] Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following Wall Street’s sharp decline...
Rare earth yttrium surges to record as rally approaches 1,500%
It’s uses include medical technologies, as well as aerospace equipment, ceramics, lasers and superconductors[MELBOURNE] Rare-earth element yttrium oxide has hit an all-time high after surging almost 1,500 per cent...
