Entrepreneurship
Amara surges 27% to intra-month high on privatisation offer
The S$0.895 offer represents a 33% premium over the company’s net asset value per share as at end-December 2024[SINGAPORE] Shares of hotel group Amara soared shortly after the market...
Australian, New Zealand dollars make the most of US tariff tangle
[SYDNEY] The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their US...
Trump to tout US investments from Nvidia, J&J, Hyundai, Toyota
[WASHINGTON] CEOs and senior executives from Nvidia, Johnson & Johnson, Hyundai Motor, Toyota Motor, and SoftBank Group are among the more than two-dozen business leaders slated to visit the...
Pirelli asserts independence from China’s Sinochem as it seeks US expansion
[MILAN] Italy’s Pirelli said on Monday (Apr 28) that the government’s “golden powers” in the company meant it was no longer controlled by China’s Sinochem , in a move...
Trump to reduce impact of auto tariffs, Commerce secretary says
[WASHINGTON] US President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and...
IBM to invest US$150 billion in US over next five years to aid quantum push
[BENGALURU] IBM will invest US$150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the...
Three Abu Dhabi giants plan stablecoin backed by UAE’s currency
Growing popular worldwide, stablecoins are typically pegged to traditional currencies, which makes them less vulnerable to price volatility like other digital tokens, such as BitcoinPublished Tue, Apr 29, 2025...
Brent crude oil prices drop on demand fears
[HOUSTON] Brent crude oil prices fell more than US$1 a barrel on Monday morning as economic worries from the US-China trade war were pressuring demand.Brent crude futures settled at US$65.86 a...
Stoneweg Reit signs lease and upgrade deals with NN Group for office building in The Hague
[SINGAPORE] Stoneweg European real estate investment trust (Reit) has signed a 20-year lease renewal with NN Group for Haagse Poort, a distinctive-looking office building in the Central Business District...
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
[SINGAPORE] The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (Reit) declined 3.7 per cent to 3.374 euro cents for the first quarter ended Mar 31,...
Investing in influencers – Azure Capital partners Gushcloud in fund to support creators, with up to 12.5% returns
[SINGAPORE] The Azure-Gushcloud Entertainment Finance Fund, launched in February 2025, has successfully reached its initial target of raising S$10 million from investors.The fund promises investors a return of 12.5...
