Entrepreneurship
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...
Chinese convertible bonds rally to decade-high on surging demand
[ad_1] [BEIJING] Convertible bonds have emerged as one of the most popular asset classes in China this year, trouncing the performance of local stocks and fixed income.The CSI convertible bond...
Stocks to watch: SIA, CDL, UOL Group, TalkMed, Amara, Seatrium
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 16): Singapore Airlines (SIA): The national carrier and its low-cost arm Scoot reported...
Citigroup looks to issue its own stablecoin to smooth payments
[ad_1] [NEW YORK] Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to expand into cryptocurrencies.“We are looking...
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
[ad_1] [NEW YORK] Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.Executives from JPMorgan...
US tariffs could have pandemic-like impact on planemaker Embraer, CEO says
[ad_1] [SAO PAULO] The 50 per cent tariff that US President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like...
Europe: Shares fall on healthcare, financials drag; focus on US-EU trade deal
[ad_1] EUROPEAN shares ended lower on Tuesday, dragged down by heavyweight financial and healthcare stocks as investors awaited news on a potential US-EU trade deal while assessing the latest US...
Apple to buy US$500 million rare earths from Pentagon-backed US producer MP
[ad_1] [SAN FRANCISCO] Apple has struck a US$500 million deal to buy rare-earth minerals from MP Materials, the US producer that just last week secured backing from the Pentagon.
The two...
Why is Corporate Health Insurance Insufficient?
[ad_1] Corporate health insurance provides a safety net for an employee’s medical expenses, as outlined in the policy terms. However, in times of need, it might not be enough. A...
Citigroup profit beats estimates on trading, deals windfall
[ad_1] [NEW YORK] Citigroup’s quarterly profit beat Wall Street estimates on Tuesday (Jul 15), as its traders brought in a windfall from turbulent markets and investment bankers gained from resilient...
