Entrepreneurship

FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
[ad_1] [SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1 million (S$161.4 million), as it seeks to exit the Australian...
Schneider in talks to buy Temasek’s stake in Indian JV: sources
[ad_1] A potential transaction could value the whole venture at roughly US$5 billion including debtPublished Wed, Jul 16, 2025 · 06:51 PM[NEW DELHI] Schneider Electric is considering buying out the...
UK fines Barclays US$56 million for lapses in financial crime control
[ad_1] It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTekPublished Wed, Jul 16, 2025 · 05:44 PM[LONDON] Britain’s financial regulator fined...
Secretive family behind Tetra Pak bets US$9 billion on stocks via Singapore entity
[ad_1] [KUALA LUMPUR] A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors & Fragrances (IFF) nine years ago.It turned out...
Secretive family behind Tetra Pak bets bulk of US$9b on stocks via Singapore entities
[ad_1] [KUALA LUMPUR] A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors & Fragrances (IFF) nine years ago.It turned out...
Security and compliance among concerns of banks in granting API access to fintechs
[ad_1] [SINGAPORE] Security and compliance concerns are top of the list when Singapore’s brick-and-mortar banks decide whether to grant fintechs Application Programming Interface (API) access to the financial data, particularly...
Citigroup backs silver to soar just as gold’s rally loses steam
[ad_1] Published Wed, Jul 16, 2025 · 04:38 PM[MELBOURNE] Silver will extend a rally beyond US$40 an ounce in the coming months on tightening physical supplies and growing investment demand,...
Low-cost carrier model remains viable, but may not work at every airport: Iata chief
[ad_1] [SINGAPORE] The budget airline model is not dead, but it does not always work at every airport, said Willie Walsh, director-general of the International Air Transport Association (Iata), at...
ASML orders beat expectations after AI spending fuels demand
[ad_1] [LONDON] ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated chip-making machines, even as chief executive officer Christophe...
Huawei tops China smartphone market for first time in years
[ad_1] Published Wed, Jul 16, 2025 · 01:29 PM[SINGAPORE] Huawei Technologies took the top spot in China’s smartphone market for the first time in more than four years, a comeback...
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
[ad_1] [BEIJING] Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the sector as he addressed an expo in...
Flying taxi CEO is billionaire again after stock’s 160% rally
[ad_1] [NEW YORK] Four years after a much-hyped Spac deal followed by a swift collapse, shares of flying taxi company Joby Aviation have rallied to an all-time high, lifting the...