Entrepreneurship

Gold takes a breather as focus turns to US inflation data
[ad_1] [BENGALURU] Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US interest rate cut this month...
CATL readies China lithium mine restart earlier than thought
[ad_1] Prices of lithium carbonate has seen heightened volatility over supply uncertainties[SINGAPORE] A Chinese lithium mine that pushed up battery-metal prices when it halted production last month is now gearing...
China’s AI chip boom fuels rallies in Cambricon, Alibaba shares
[ad_1] The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41[HONG KONG] Chip manufacturers and cloud stocks are among...
French wine production hit by summer heat waves and wildfires
[ad_1] Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres[PARIS] France expects 2025 wine production to drop below the...
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
[ad_1] [SAN FRANCISCO] How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new...
CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect
[ad_1] The bank says it will announce its successors in due course; CFO to take charge in interim[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of...
Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta
[ad_1] AI could be used in compliance and oversight, such as in distributed ledger technology which can reduce the cost of listings by automating filings[SINGAPORE] The Singapore equity market is...
India’s RBI cut US debt, bought gold even before Trump’s tariffs
[ad_1] Central banks have been boosting gold purchases to reduce their risks to the US dollar as global growth becomes more uncertain[MUMBAI] India’s central bank steadily reduced its purchases of...
Asia: Most markets rise on US rate hopes, Tokyo hits record
[ad_1] ASIAN markets mostly rose on Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with gains led by a record high in Tokyo while gold...
MetaOptics surges 25% on Catalist trading debut
[ad_1] The company’s placement of 30 million shares at S$0.20 apiece has brought in S$6 million[SINGAPORE] Semiconductor optics company MetaOptics’ share price rose as much as 25 per cent on...
SGX-listed GS Holdings subsidiary to distribute Corona, Budweiser in Singapore
[ad_1] AB InBev’s Corona and Budweiser rank first and second in Most Valuable Global Brands report; Singapore beer market hit US$9.3 billion in 2024[SINGAPORE] Corona and Budweiser beers will be...
China’s PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
[ad_1] [BEIJING] China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and Hungary, the People’s Bank of China (PBOC) said...