Entrepreneurship

Trump to announce 25% steel, aluminium tariffs in latest trade war escalation
US PRESIDENT Donald Trump said on Sunday (Feb 9) that he will announce on Monday new 25 per cent tariffs on all steel and aluminium imports into the US,...
BP faces pivotal moment as activist investor Elliott enters fray
BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s most aggressive activist investors.Elliott Investment Management, led...
PropNex looks to technology to be its economic moat as it strives to stays ahead
This includes a service that enables its agents to send personalised reports each quarter to past customers to update them on information relevant to their properties “THIS year is...
Greenback rises on mixed jobs report and trade war threat
THE US dollar rose in choppy trading on Friday (Feb 7) after data showed that US job growth slowed in January but that the unemployment rate edged down to...
Hutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
HUTCHISON Port Holding Trust (HPH Trust) posted a distribution per unit (DPU) of HK$0.072 for the second half of the year ended Dec 31, 2024, down 6.5 per cent...
Amazon cuts reference to diversity from annual report; Accenture scraps DEI goals
AMAZON.COM removed a reference to “inclusion and diversity” in its annual report filed on Thursday (Feb 6), after it told employees in a December memo that it was winding...
Directors raise interests in S-Reit and property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the...
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China would reduce energy demand.Money managers...
Boeing warns moon rocket programme employees of layoffs
Boeing warned on Saturday (Feb 8) of layoffs in its Space Launch System moon rocket programme, saying it expects to have about 400 fewer positions in line with revisions...
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for the week as investors worried...
China starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the...
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlookHOME-GROWN electronics company Creative Technology saw...