Entrepreneurship
Skype to shut down in May, 14 years after Microsoft’s US$8.5 billion purchase
MICROSOFT is signalling the end of the line for Skype, the iconic Internet calling and chat service it bought almost 14 years ago.
Once a byword for digital calls that...
SGX sees ‘robust’ IPO pipeline as Singapore explores ‘sweet spot’ to draw listings
The Republic could also attract regional firms seeking access to international markets, says the bourse’s head of global sales and originationSINGAPORE will need to find its “sweet spot” as...
AirAsia owner Capital A expects return to profit this year after 2024 loss
MALAYSIA’S Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday (Feb 28), but...
Malaysia’s palm oil giant FGV expects higher profit margins in 2025
MALAYSIAN palm oil planter FGV Holdings said on Friday (Feb 28) it expected higher profit margins in 2025, boosted by improved productivity from its estates and elevated palm prices...
Minority shareholders request UOI to distribute Haw Par shares, unlock shareholder value
Group, led by independent investor Ong Chin Woo, also asks for an independent financial adviser to be appointedSOME minority shareholders of United Overseas Insurance (UOI) have proposed two resolutions...
China, Hong Kong stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
CHINA and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on...
Citigroup mistakenly credits customer account US$81 trillion in ‘near miss’, FT reports
CITIGROUP erroneously credited US$81 trillion, instead of US$280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues...
Indonesia’s move to control coal prices faces Chinese pushback
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other...
China’s Chery Automobile applies for Hong Kong IPO
CHINA’S Chery Automobile has applied for an initial public offering (IPO) in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global...
Bitcoin down 25% from all-time high as crypto sell-off deepens
The sell-off underscores a swift change of fortunes for digital assets, which boomed after Trump’s election winTHE rout in Bitcoin worsened during Asian trading hours on Friday (Feb 28),...
