Entrepreneurship

Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
[ad_1] [SINGAPORE] Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property investment entities.Ossia Capital in turn...
Trump demands CNN get new owners in Warner bidding war
[ad_1] US PRESIDENT Donald Trump said on Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he...
The world needs a lot more copper. But will there be enough supply?
[ad_1] The market has been hit by a slew of mine outages this year, from Chile to IndonesiaCOPPER is one of the world’s most ubiquitous metals, used in just about...
Operating autonomous vehicles in Singapore has ‘symbolic value’ despite small market size: Pony.ai CEO
[ad_1] It is partnering ComfortDelGro to launch commercial autonomous vehicle services in the city-state[SINGAPORE] The Chinese self-driving technology firm Pony.ai has been looking beyond the mainland Chinese market in the...
US seizes oil tanker off coast of Venezuela, Trump says
[ad_1] [WASHINGTON] The US has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas in a move that also raised oil...
Intel, AMD accused of allowing chips in Russian missiles
[ad_1] MICROCHIP manufacturers Intel, Advanced Micro Devices (AMD) and Texas Instruments were accused in a series of lawsuits of failing to keep their technology out of Russian-made weapons used to...
Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
[ad_1] The pace of price increases has risen steadily from 2.3 per cent in April, above the Fed’s 2 per cent inflation target [WASHINGTON] A sharply divided Federal Reserve cut interest rates...
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
[ad_1] Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares[SINGAPORE] The stabilising manager of Ultragreen.ai purchased about 2.3 million shares of the...
Barclays joins bank rivals in buying stake in United Fintech
[ad_1] It has bought two fintechs this year, bringing its total to seven and giving it more than 200 employees across 11 locations globally[LONDON] Barclays is buying a stake in...
ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light: sources
[ad_1] The chip’s ability to train AI models is currently unmatched by domestic equivalents[BEIJING/SINGAPORE] ByteDance and Alibaba have asked Nvidia about buying its powerful H200 AI chip after US President...
IMF wades into debate over yuan, warns on risk of trade tensions
[ad_1] It’s lending its voice to a debate over distortions caused by a weaker exchange rate[BEIJING] The International Monetary Fund linked China’s booming exports and growing trade imbalances in part...
HSBC’s senior bankers hid behind co-head roles, CEO Georges Elhedery says
[ad_1] Since taking charge, he has nearly halved the size of the bank’s operating committee[LONDON] HSBC’s chief executive officer Georges Elhedery said not enough executives were fully accountable for the...