Entrepreneurship
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says
[ad_1] Published Tue, Jul 1, 2025 · 03:51 PM[KUALA LUMPUR] Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit growth,...
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
[ad_1] Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
[ad_1] The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Chinese money fires up Hong Kong shares
[ad_1] [SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States.A record US$90...
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
[ad_1] [HONG KONG] Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate...
Gold rises on weaker US dollar as markets await Fed rate-cut clues
[ad_1] [BENGALURU] Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s...
Circle applies for US trust bank license after bumper IPO
[ad_1] [NEW YORK] Stablecoin firm Circle is applying to create a national trust bank in the US, a major move after its blockbuster initial public offering (IPO) valued the company...
Struggling semiconductor firm Wolfspeed files for bankruptcy
[ad_1] [NEW YORK] Wolfspeed, a chipmaker caught in US President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a creditor-backed plan to slash US$4.6 billion in...
Eight-country coalition aims to tax luxury air travel
[ad_1] [SEVILLE, Spain] Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help poorer nations respond to climate...
Apple loses bid to dismiss major US antitrust case
[ad_1] [WASHINGTON] A federal judge on Monday denied Apple’s motion to dismiss a major antitrust lawsuit brought by the US government, allowing the case challenging the tech giant’s alleged smartphone...
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
[ad_1] As part of the partnership, both companies will jointly participate in major trade shows and roadshows[SINGAPORE] Millennium Hotels and Resorts has partnered Germany’s Maritim Hotels to launch a cross-brand...
