Entrepreneurship

Microsoft begins deep job cuts across Xbox division
[ad_1] [NEW YORK] Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software company as it seeks to...
Microsoft to cut about 9000 jobs amid hefty AI bets
[ad_1] [NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job cuts...
Schroders picks Singapore for global digital assets hub
[ad_1] [SINGAPORE] International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence.The centre will focus on applying tokenisation – which is...
UOL leads STI to record high of 4,010.77
[ad_1] The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5 billion were transacted[SINGAPORE] Singapore’s benchmark index reached...
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
[ad_1] [SINGAPORE] Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000 developers globally....
Asian CFOs brace for downturn, but eye expansion: survey
[ad_1] [SINGAPORE] More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more pessimistic view than their...
Stoneweg Icona data centre fund rebranded to AiOnX; adds fifth asset in UK
[ad_1] [SINGAPORE] The trustee-manager of Stoneweg European Business Trust announced on Wednesday (Jul 2) that SWI Group, the sponsor of Stoneweg Europe Stapled Trust (Sert), has added a fifth data...
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
[ad_1] The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strengthPublished Wed, Jul 2, 2025 · 12:15 PM[SINGAPORE] Port...
Alibaba expands AI cloud services in Malaysia, Philippines
[ad_1] The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years,...
Yangzijiang Financial rises over 6% after update on maritime subsidiary incorporation
[ad_1] [SINGAPORE] Shares of Yangzijiang (YZJ) Financial rose by more than 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its incorporation of YZJ...
Intel’s new CEO explores big shift in chip manufacturing business
[ad_1] [SAN FRANCISCO] Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar with the matter told Reuters, in...
Toyota delays EV plans to boost petrol-fuelled SUV output
[ad_1] [DETROIT] Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular petrol-powered SUV.The Japanese automaker...