Entrepreneurship
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
[LONDON] HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest...
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
[SINGAPORE] Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already own in its subsidiary Aoxin Q&M at...
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
Published Thu, May 1, 2025 · 07:27 PM[DUBAI] World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion investment...
Tesla sales sink again in France, Denmark amid anti-Musk protests
[PARIS] Tesla sales fell in France for a fourth straight month in April and also dropped in Denmark, data showed on Thursday (May 1), the latest sign Elon Musk’s...
Indonesia plans 10 GW nuclear power in major renewable energy push
[JAKARTA] Indonesia plans a major expansion in renewable energy by 2040, including the introduction of 10 gigawatts (GW) of nuclear power, and expects contracts to be given in the...
Bank of Japan keeps rates steady, cuts growth forecasts
[TOKYO]The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs clouds the outlook for the world’s...
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company saysPublished Thu, May 1, 2025 · 10:47 AM[BENGALURU] Amazon.com...
Uber Mideast unit delivers gold coins to doorsteps in Dubai
[DUBAI] Dubai residents can now have 24-carat gold coins delivered to their homes in less than an hour as super app Careem targets millions of Indians in the United...
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up their IPO plansPublished Thu, May 1, 2025 ·...
Barclays beats first-quarter forecasts as Trump turmoil supercharges trading
[LONDON] Barclays booked a stronger than expected 19 per cent increase in first-quarter profit on Wednesday (Apr 30), as trading activity surged in the early months of US President...
