Entrepreneurship
US: Stocks rally fades after China trade framework
[NEW YORK] Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report.Following two days of talks in London, top US...
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
[SINGAPORE] As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say this is pointing to...
AI bets that fuelled Big Tech’s surge now threaten rich profits
[NEW YORK] Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins and the risk that depreciation expenses will...
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by abrupt layoff notice
[SINGAPORE] Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement went out.“It was unexpected –...
Singapore shares buck regional trend to close lower; STI falls 0.4%
[SINGAPORE] Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned about the lack of details...
South-east Asia’s polymer production crisis worsens as US-China trade shift looms
[SINGAPORE] South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade tensions could redirect US polymer to the region’s already-saturated...
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995[SINGAPORE] Shares of Centurion rose on Wednesday (Jun 11) afternoon after the company announced...
Chinese automakers pledge to make payments to suppliers within 60 days
Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Tesla’s public robotaxi rides set for tentative June 22 start: CEO Musk
[SAN FRANCISCO] Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans...
Australia’s Qantas to close low-cost arm Jetstar Asia
Published Wed, Jun 11, 2025 · 08:02 AMAUSTRALIAN flag carrier Qantas said on Wednesday it will close Jetstar Asia, the group’s Singapore-based low-cost unit, in a bid to recycle...
