Entrepreneurship
Bank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during the financial crisis two decades...
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential inflationary pressures from mounting global...
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow of S$63 million, partially reversing the...
Meta plans major investment into AI-powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered humanoid robots.The company is making a significant investment into the category...
Dell nears US$5 billion AI server deal for Elon Musk’s xAI
DELL Technologies is in advanced stages of securing a deal worth more than US$5 billion to provide Elon Musk’s xAI with servers optimised for artificial intelligence (AI) work.The company...
Intel flirts with historic weekly gain on partnership rumours
INTEL shares are on track for their biggest one-week gain on record, as unconfirmed discussions about a partnership with a key rival provide hope for a turnaround after an...
Oil settles lower, supply worries ease on hopes for Ukraine peace deal
OIL prices settled down on Friday (Feb 14) on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against Moscow,...
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year ended Dec 31, a 9.8...
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended Dec 31, a 10...
US: Wall St subdued at open as markets await tariff details
WALL Street’s main indexes opened flat on Friday (Feb 14), as investors awaited more clarity on US President Donald Trump’s reciprocal tariff plans after robust gains in the last...
MAS review group incentives could pull in regional biotech, fintech players: observers
High-growth companies in the technology, healthcare and sustainability-linked industries are potential entrants, tooMARKET watchers believe tax incentives proposed by the Monetary Authority of Singapore’s (MAS) equities market review group...
