Entrepreneurship

Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading.The billionaire bought the...
Food-delivery platform foodpanda to rely on affordability, convenience and quick commerce to drive growth
[SINGAPORE] It has been eight months since Bhavani Shankar Mishra took over the hot seat as Singapore managing director for food-delivery platform foodpanda – and his stint has not...
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains[HONG KONG] Hong Kong...
FTC scrutinises Ticketmaster efforts to stop resale bots
The company’s industry dominance has long been targeted by fans, artists, regulators and lawmakers, dating back to the 1990s[SAN FRANCISCO] Live Nation’s Ticketmaster is being probed by the US...
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
[NEW YORK] Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this weekA US Federal Reserve rate cut this week...
China says preliminary probe shows Nvidia violated anti-monopoly law
CHINA’S market regulator on Monday (Sep 15) said that a preliminary investigation had found that US chip giant Nvidia had violated the country’s anti-monopoly law.The brief statement from the...
SGX CEO Loh Boon Chye’s pay rises 3.3% to S$7.82 million in FY2025
This follows record high earnings and revenue for the local bourse operator in FY2025 [SINGAPORE] Singapore Exchange (SGX) chief executive officer Loh Boon Chye got a 3.3 per cent...
Markets gear up for series of Fed cuts with bullish bets at risk
Markets have also priced in reductions continuing deep into 2026 to ward off a recession[NEW YORK] A key question for investors this week is whether US Federal Reserve officials...
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Denver-based Yes! manages tens of thousands of factory-built affordable homes in the US[SINGAPORE] Brookfield Asset Management is in talks to acquire Yes! Communities from Singapore’s GIC in a deal...
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash, according to Ian Charles, co-founder...
Kingsmen Creatives chair and deputy chair build stakes
During the five sessions from Sep 5 to 11, 15 primary-listed companies made share buybacks with a total consideration of S$43 million[SINGAPORE] Over the five trading sessions from Sep...