Entrepreneurship
Chinese carmaker Geely to pay US$2.4 billion to take full control of Zeekr
[ad_1] Published Tue, Jul 15, 2025 · 06:39 PM[BEIJING] Chinese automaker Geely Automobile will acquire the chunk of electric-vehicle maker Zeekr that it does not already own for US$2.40 billion,...
ECB to test banks’ resilience to geopolitical risk in 2026
[ad_1] Next year’s exercise will be part of banks’ self-evaluation of their capital needsPublished Tue, Jul 15, 2025 · 05:56 PM[FRANKFURT] The European Central Bank will test banks’ resilience to...
Society has to choose security over convenience when dealing with scams: MAS chief
[ad_1] Regulator is working to strengthen user authentication toolkit to defend against phishing[SINGAPORE] As a society, there is a need to choose more security over convenience especially when dealing with...
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
[ad_1] [SINGAPORE] Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion mark for the first...
Chinese investors’ FX pile hits US$1 trillion amid low local rates
[ad_1] [BEIJING] Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the renminbi on bets domestic interest rates will remain...
Temasek’s Heliconia Capital awaits MAS approval for new CEO after departure of Derek Lau
[ad_1] [SINGAPORE] Temasek-owned Heliconia Capital Management is awaiting regulatory approval for a new chief executive, some four months after the retirement of its long-time chief Derek Lau.The appointment of Lau’s...
Far East Hospitality opens two hotels in Osaka
[ad_1] [SINGAPORE] Far East Hospitality announced on Tuesday (Jul 15) the opening of two hotels in the Namba South and Honmachi districts in Osaka, in a bid to expand its...
Some airlines checking Boeing fuel switches after Air India crash
[ad_1] [NEW DELHI] India on Monday (Jul 14) ordered its airlines to examine fuel switches on several Boeing models, while South Korea said it would order a similar measure, as...
Nvidia to resume H20 AI chip sales to China in US reversal
[ad_1] [HONG KONG] Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal...
Asia: Markets mixed as China’s economy meets forecasts
[ad_1] [HONG KONG] Markets were mixed on Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the...
