Entrepreneurship

Trump’s crypto company launches strategic ‘token reserve’
WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to...
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
BlackRock, FDIC seek to end regulatory row over bank stakes
The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizeable stakesBLACKROCK and the Federal Deposit Insurance Corporation (FDIC) are trying...
Nanofilm acquires 2 German companies for 3.1 million euros
The proposed acquisition aims to accelerate the group’s business expansion in EuropeNANOFILM Technologies’ wholly owned subsidiary, Nanofilm AM Germany, is acquiring two German companies for 3.1 million euros (S$4.3...
Stocks to watch: SGX, FEHT, Wing Tai, PropNex, First Reit, QAF, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12). Singapore Exchange (SGX): The total securities market turnover value on the SGX...
Far East Hospitality Trust posts 4.1% fall in H2 DPS to S$0.0208
THE manager of Far East Hospitality Trust (FEHT) on Wednesday (Feb 12) posted a distribution per stapled security (DPS) of S$0.0208 for the second half ended December, down 4.1...
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants.JPMorgan Payments will provide some 900,000 businesses the ability...
Future-proofing your business in 2025
AMID continued geopolitical tensions, macroeconomic uncertainty and market volatility, businesses are looking to future-proof themselves to stay competitive in a rapidly changing landscape.Against this backdrop, many companies are looking...
Coca-Cola posts surprise revenue jump on higher prices, steady demand
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a surprise rise in comparable revenue and topped estimates...
Wing Tai H1 net profit declines 51% to S$10.1 million
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower contributions from its property assets,...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The...