Entrepreneurship
JPMorgan says AI helped boost sales, add clients in market turmoil
[NEW YORK] JPMorgan Chase’s artificial intelligence (AI) tools enabled it to boost sales to wealthy clients and manage scores of requests from worried customers even during April’s market rout,...
Hong Kong ramps up FX intervention to defend currency peg
[MELBOURNE] Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion...
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts
A CREDIT Suisse unit pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of...
Oil ends at four-year lows as Opec+ accelerates output hikes
[NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its output hikes stoked fears about...
US: Stocks close lower on Monday as S&P 500 rally peters out
Published Tue, May 6, 2025 · 06:12 AM[NEW YORK] US stocks closed lower on Monday, ending a nine-day streak of gains for the S&P 500 index as service sector activity data...
Land Map vs. Survey: What’s the Difference?
Land ownership and property management involve complex systems and regulations. Understanding the difference between property maps and a survey is key to solving this riddle. While these tools are somewhat...
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent yearsPublished Mon, May 5, 2025 · 10:01 PM[RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65...
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
[SINGAPORE] The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and Mergers, with the aim to enhance regulation...
Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid
[SINGAPORE] David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the Widjaja family-linked Lyon Investments as “exploitative”, urging the...
Volvo Cars sales fall 11% in April as fully electric cars slump
Published Mon, May 5, 2025 · 04:01 PM[STOCKHOLM] Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year...
