Entrepreneurship

Oil settles lower, supply worries ease on hopes for Ukraine peace deal
OIL prices settled down on Friday (Feb 14) on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against Moscow,...
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended Dec 31, a 10...
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year ended Dec 31, a 9.8...
US: Wall St subdued at open as markets await tariff details
WALL Street’s main indexes opened flat on Friday (Feb 14), as investors awaited more clarity on US President Donald Trump’s reciprocal tariff plans after robust gains in the last...
MAS review group incentives could pull in regional biotech, fintech players: observers
High-growth companies in the technology, healthcare and sustainability-linked industries are potential entrants, tooMARKET watchers believe tax incentives proposed by the Monetary Authority of Singapore’s (MAS) equities market review group...
AI to transform wealth management, Microsoft executive says
ARTIFICIAL intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology’s potential to process information vastly reduces the hurdles required to compete with established...
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors on pre-listing activities and mergers and acquisitions (M&A) involving Chinese...
Stocks to watch: Thai Beverage, Civmec, Singapore Exchange, iFast
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14):  Thai Beverage (ThaiBev): The food and drink company’s revenue grew 2.4 per...
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5m
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago...
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first set...
Alibaba says to partner with Apple on AI features, sending shares surging
The AI integration comes at a critical time for Apple, which has faced declining iPhone sales in China amid growing competition from domestic rivalsALIBABA chairman Joe Tsai said on...
Former intern becomes billionaire in Australia pharmacy merger
A corporate tie-up in Australia will produce a parade of fortunes in an industry hardly known for extravagance.More than 100 shareholders will officially be millionaires. At least 10 will...