Entrepreneurship

China confirms trade deal framework reached with United States
[BEIJING/WASHINGTON] China confirmed on Friday (Jun 27) details on the framework of a trade deal with the US, saying Washington would lift “restrictive measures” while Beijing would “review and...
Decision on naming next Fed chair not ‘imminent’: White House
[WASHINGTON] The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, after a report suggested the president could do...
Europe: Stocks muted as investors gauge US interest rate outlook
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory.The pan-European Stoxx 600 index closed up 0.09 per cent at...
Avoiding Stupid People and Becoming a Finisher
We all have the power to make choices in life. We can choose to be stupid or we can choose to be smart. But one piece of advice I’ve...
Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation
[SINGAPORE] Amazon Web Services (AWS) and government agency Digital Industry Singapore (DISG) on Thursday (Jun 26) launched a programme to accelerate artificial intelligence (AI) transformation among enterprises over the...
Asian markets in full swing as investors shake off trade jitters
[HONG KONG] Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid growth prospects. From stocks to currencies...
Indonesia working on new e-commerce tax rule in bid to target ‘shadow economy’
[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”,...
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
[SINGAPORE] Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down...
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
[JAKARTA] Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift in demand towards government bonds.The spread...
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
[SINGAPORE] Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Luerssen (NVL) Australia for A$20 million (S$16 million) in cash, the company said on Thursday...
SGS bond demand to stay high as safe havens sought amid tariff risks, Middle East tensions: RHB
[SINGAPORE] Demand for Singapore Government Securities (SGS) bonds is set to stay high amid investor caution, as traders flock to safe havens on tariff uncertainty and Middle East tensions,...
Bumble to lay off 30% of global workforce as dating apps struggle
[BENGALURU] Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to develop features...