Entrepreneurship
Eco-Shop jumps on debut, minting a new Malaysian billionaire
[ad_1] [KUALA LUMPUR] Shares of discount-chain Eco-Shop Marketing gained on their debut on Friday (May 23) as Malaysia’s biggest initial public offering of the year created a billionaire.The stock jumped...
Grab launches its first Centre of Excellence to support AI solutions
[ad_1] [SINGAPORE] Grab launched its first Artificial Intelligence (AI) Centre of Excellence on Friday (May 23). Supported by Digital Industry Singapore, the centre will work on projects to utilise AI...
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
[ad_1] [BERLIN] Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people with knowledge of the matter, the...
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
[ad_1] [SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per...
Yangzijiang Shipbuilding down 6.1% amid steep fall in Q1 order wins
[ad_1] The shipbuilder’s Q1 order wins make up just 5% of its US$6 billion target for FY2025 [SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as...
Japan pledges immediate rice relief for consumers to prevent shift to foreign brands
[ad_1] [TOKYO] Japan’s new agriculture minister pledged on Friday to quickly move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current...
Asia: Stocks bounce back after Treasury-led sell-off
[ad_1] [HONG KONG] Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump’s signature tax-cutting budget...
Analysts bullish on BYD as it overtakes Tesla
[ad_1] [SINGAPORE] Analysts are getting bullish on BYD as the Chinese automaker’s soaring exports, rising global presence and cost competitiveness signal favourable tailwinds. In a May 16 research note, UOB Kay...
Nomura raises top executives’ pay to highest in over a decade
[ad_1] Published Fri, May 23, 2025 · 09:32 AMNOMURA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a...
US Supreme Court says Federal Reserve is unique, easing worries over Trump’s ability to fire Powell
[ad_1] A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained a line that eased, for now,...
