Entrepreneurship

Forever 21 plans hundreds of store closures in second bankruptcy
[ad_1] THE US-based operator of Forever 21 is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store base as part of a bankruptcy process that’s...
Fast Company Discusses the Rise of AI Tools in 2025
[ad_1] The past year has marked a pivotal moment in the evolution of artificial intelligence, fundamentally reshaping how we work, create, and interact. From Google DeepMind’s breakthroughs to the ongoing...
Location Services: Are You Being Tracked at Work?
[ad_1] Ever wonder how much your boss knows about where you are during work hours? Location services in the workplace are becoming more common, and while they can help with...
Asia banks stick with net-zero group that Wall Street abandoned
[ad_1] SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of exits by Wall Street and Canadian lenders. Singapore...
Apple to launch new lower-cost iPhone to capture a broader market
[ad_1] APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone market and fend...
Thailand to curb short selling, high-speed trades amid sell-off
[ad_1] THAILAND’S stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst performing equity market. Short selling and...
CSE Global records S$235.3 million in new Q4 orders
[ad_1] SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse filing on Wednesday (Feb 19), the...
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
[ad_1] The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billionSINGAPORE equities closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the...
HSBC expects cost-cutting drive to hit less than 8% of global headcount
[ad_1] HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8...
Porsche, BMW need Germany pivot for way out of crisis
[ad_1] GERMANY’S auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen, Mercedes-Benz Group and hundreds of parts makers dangerously behind in the transition to electric...
HSBC 2024 profit beats estimates; announces US$2 billion share buyback
[ad_1] HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood the impact of falling interest rates during a year...
Hong Kong eyes crypto derivatives, margin lending in digital asset push
[ad_1] HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on Wednesday (Feb 19), as the city seeks to boost...