Entrepreneurship

Central banks in Asia are becoming wary of currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks of India and Malaysia have reduced the size of...
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and...
SunMoon Food CEO Zhang Ye boosts interests
[SINGAPORE] Over the four trading sessions from Jun 13 to 18, institutions were net sellers of Singapore stocks, with net institutional outflow of S$42 million following the S$80 million...
Tesla to build first grid-scale power plant in China
Published Sun, Jun 22, 2025 · 11:00 AM[NEW YORK] Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station...
Circle gets buy rating after Senate passes stablecoin bill
The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month Published Sun, Jun 22, 2025 · 10:00 AM[NEW YORK] Circle...
Apple sued by shareholders for allegedly overstating AI progress
The company shares have lost nearly one-fourth of their value since their Dec 26, 2024 record highPublished Sun, Jun 22, 2025 · 08:30 AM[NEW YORK] Apple was sued on...
US may target Samsung, Hynix, TSMC operations in China: sources
[BENGALURU] The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC), making it more...
Trump pledge of quick China magnet flows has yet to materialise
[HONG KONG] Almost 10 days since US President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they will receive...
Tesla set to open India showrooms in July with made-in-China EVs
[NEW DELHI] Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in the world’s third-biggest automobile...
Investors eye infrastructure sector for diversification and to ride demand
[SINGAPORE] The infrastructure sector is piquing investor interest, given that data centres and the growing number of electric vehicles are consumers of energy, and will drive the demand for...
Intense heat to push biggest US grid’s power use to 12-year high
PJM’s demand growth is rebounding after languishing for the better part of a decade, as new data centres cropped up in Northern Virginia and spread across the gridPublished Sat,...
Europe: Shares edge up as US stalls its Middle East moves
[BENGALURU] European stocks snapped a three-day losing streak and closed higher on Friday (Jun 20), as investors’ nerves eased following a stall in US involvement in Middle East tensions.The...