Entrepreneurship
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings (IPOs), the bourse operator said.SGX chief executive officer...
Saudi Aramco boosts prices to Asia as Middle Eastern crude soars
SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern...
Gold firms near record peak as trade war concerns linger
GOLD prices inched higher on Thursday (Feb 6) to hover near an all-time high hit in the last session, as Sino-US tariff war concerns boosted safe-haven demand, while investors...
Singapore shares rise as tariff concerns fade; STI up 0.4%
Across the broader market, gainers beat losers 352 to 186, after 1.3 billion securities worth S$1.1 billion change handsBUOYED by fading concerns about the economic threat posed by US...
Google introduces new class of cheap AI models as cost concerns intensify
The tech giant offers several versions of Gemini that vary in price and performanceALPHABET’S Google on Wednesday (Feb 5) announced updates to its Gemini family of large language models,...
CapitaLand China Trust’s H2 DPU falls 12% to S$0.0264
THE manager of CapitaLand China Trust (CLCT) on Thursday (Feb 6) posted a 12 per cent decline in distribution per unit (DPU) to S$0.0264 for the second half ended...
Sonos cuts 12% of workers in bid to improve product organisation
Sonos said it’s cutting about 12 per cent of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused”.Santa Barbara, California-based...
SGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent from S$281.6 million in...
Forever 21 considers bankruptcy filing if asset-sale plans fail
FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to sources with knowledge of the matter.The company is focused...
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed...
