Entrepreneurship
Boeing defence workers set to strike on Monday in US: union
[ad_1] [WASHINGTON] Thousands of members of a union representing Boeing defence industry workers in the US states of Missouri and Illinois will go on strike early Monday after rejecting a...
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
[ad_1] THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed that US employers added...
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
[ad_1] [SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts...
Opec+ makes another large oil output hike in market share push
[ad_1] [LONDON] Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain...
Bank of England rate cuts deliver £11 billion hit to households
[ad_1] [LONDON] Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing costs in a generation is still...
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
[ad_1] Published Sat, Aug 2, 2025 · 12:30 PM[NEW YORK] Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per...
Meta to share AI infrastructure costs via US$2 billion asset sale
[ad_1] [NEW YORK] Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power artificial intelligence (AI), disclosing plans in...
Europe: Shares log biggest daily drop since April after US tariffs hike
[ad_1] [BENGALURU] European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled with the repercussions...
Tai Sin Electric to acquire 25% stake in charging station contractor
[ad_1] Its subsidiary Lim Kim Hai Electric has subscribed for 333,333 new ordinary shares of EV Mobility for S$1.5 million[SINGAPORE] Power distribution solutions provider Tai Sin Electric has entered into...
UOB trims One Account interest rate again to maximum 2.5% per annum on first S$150,000
[ad_1] It had already lowered rates on its flagship deposit account in April to 3.3% from 4%[SINGAPORE] UOB is cutting interest rates on its flagship savings account, the One Account,...
