Entrepreneurship
Australia exchange operator proposes IPO reforms to revive listings
[SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Singapore firms like Sats could see relief as US dollar declines, but SIA may lose out
[SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...
Musk hits back at OpenAI’s claim he’s on quest to harm startup
[SAN FRANCISCO] Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup.In a court filing...
Malaysia central bank keeps key rate at 3%, flags weaker global outlook
[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday (May 8) despite an expected slowdown in economic growth due to a global trade war.
Bank Negara...
Toyota sees 180 billion yen profit hit in two months from tariffs
[TOKYO] Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese...
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
It will set up centres of excellence in product management, artificial intelligence and anti-money laundering[SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment...
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
[SINGAPORE] DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war...
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
[SINGAPORE] The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs remains a key risk for equities and...
Thailand to shortlist central bank chief candidates by July 2, official says
[BANGKOK] A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8), ahead of the...
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Published Thu, May 8, 2025 · 09:30 AM[BENGALURU] Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic...
