Entrepreneurship
US Treasury chief does not see himself replacing Fed chair
[ad_1] Published Thu, Jun 12, 2025 · 06:56 AM[WASHINGTON] US Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a report emerged...
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
[ad_1] [NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi...
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
[ad_1] [SINGAPORE] As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say this is pointing to...
AI bets that fuelled Big Tech’s surge now threaten rich profits
[ad_1] [NEW YORK] Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins and the risk that depreciation expenses will...
Singapore shares buck regional trend to close lower; STI falls 0.4%
[ad_1] [SINGAPORE] Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned about the lack of details...
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
[ad_1] [SHANGHAI] Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as...
Gold rises as US-China trade uncertainty persists, investors eye inflation data
[ad_1] GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors awaiting key US...
Nintendo says sold record 3.5 million Switch 2 consoles in first four days
[ad_1] [TOKYO] Nintendo said on Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.“This is the highest...
Australia’s Qantas to close low-cost arm Jetstar Asia
[ad_1] Published Wed, Jun 11, 2025 · 08:02 AMAUSTRALIAN flag carrier Qantas said on Wednesday it will close Jetstar Asia, the group’s Singapore-based low-cost unit, in a bid to recycle...
Oil prices hold near 7-week high as market waits for news from US-China trade talks
[ad_1] [NEW YORK] Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China.Analysts have said a trade deal between...
