Entrepreneurship
Alibaba rockets more than 14% to boost Hong Kong market
SHARES in e-commerce titan Alibaba soared more than 14 per cent on Friday (Feb 21), extending a blistering rally in Hong Kong’s Hang Seng Index, after forecast-topping earnings added...
EDB managing director Jacqueline Poh named as JTC’s new CEO
She will also be appointed as a member of the JTC board in an ex officio capacityTHE Ministry of Trade and Industry (MTI) announced on Friday (Feb 21) that...
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of US fast food brands over America’s support of Israel’s...
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates, boosted by a strong performance in its trading and...
Rex International falls 21.9% to S$0.168 on heavy trading after profit warning
SHARES of multinational oil exploration and production company Rex International fell on Friday (Feb 21) morning in heavy trading after the company said it was expecting to post a...
Citigroup scraps diversity goals, ‘DEI’ term under Trump pressure
CITIGROUP is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.The bank will no longer have “aspirational representation...
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwindsCHINA’S central bank increased injection of short-term...
Trump tariff worries set gold on course for eighth straight weekly gain
GOLD prices were little changed on Friday (Feb 21) but remained on track for an eighth successive weekly gain, driven by concerns over US President Donald Trump’s tariff plans,...
Meta reduces stock options for staff despite trading at record highs: FT
META Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading...
Singapore Oil Hub Opportunities Amid US Tariff Uncertainty
The city-state may be able to leverage its robust infrastructure and strategic location to help companies adjustWITH US tariffs shaking up global trade, Singapore could profit by leveraging its...
