Entrepreneurship

Memecoin platform Pump.fun pursues US$1 billion token sale
[NEW YORK] A platform dedicated to highly speculative cryptoassets is planning to raise US$1 billion by selling tokens, taking advantage of the current wave of positive sentiment buoying digital-asset...
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
[SINGAPORE] The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to 435.4 million new units to raise...
Virgin Australia returns to stock market with launch of A$685 million IPO
[SYDNEY] Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685 million (S$572 million) initial public offering...
Gold steady as US-China trade uncertainty offsets strong US jobs data
Published Wed, Jun 4, 2025 · 09:43 AM[BENGALURU] Gold prices held steady on Wednesday (Jun 4) as the uncertainty over US-China trade relations offset the impact of strong US...
Global funds weigh whether Indonesia market rebound was too fast
[JAKARTA] Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last.RBC BlueBay says any inflows into Indonesian bonds will...
Japfa to delist from SGX on Jun 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the existing business [SINGAPORE] The agri-food company Japfa will be delisted...
Stocks to watch: CapitaLand Investment, Nio, Japfa, Stoneweg E-Reit, Grand Venture, Frencken
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 4).CapitaLand Investment (CLI): The manger of CapitaLand Malaysia Trust (CLMT), a CLI...
Ex-Ubisoft executive on trial denies seeing office harassment
[BOBIGNY, France] A former executive at French video game giant Ubisoft, on trial with two others for alleged sexual and psychological harassment of employees, denied on Tuesday witnessing any...
Trump signs order hiking steel, aluminium tariffs to 50%
[WASHINGTON] US President Donald Trump signed a directive on Tuesday (Jun 3) raising steel and aluminium tariffs to 50 per cent from 25 per cent starting on Jun 4,...
Oil climbs 2% to two-week high on geopolitical tensions
[NEW YORK] Oil prices climbed about 2 per cent on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the US and Iran looked set...
US: Stocks advance on hopes of China trade deal
Published Wed, Jun 4, 2025 · 06:09 AM[WASHINGTON] Wall Street stocks bounced on Tuesday as investors hoped for upcoming trade deals to cool tensions from US President Donald Trump’s punishing global...
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
[SINGAPORE] Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6 million for the three months ended Mar 31, up...