Entrepreneurship

Ex-director and founder of Agritrade International charged with cheating investment platform
[ad_1] [SINGAPORE] The founder and former director of Agritrade International Pte Ltd (AIPL) Ng Say Pek was, on Tuesday (Dec 2), charged in court with 10 counts of cheating, under...
Saudi National Bank’s US$1 billion loan adds to Middle East spree
[ad_1] [RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul.DBS Bank...
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
[ad_1] [SINGAPORE] Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of...
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
[ad_1] [NEW YORK] Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed US$1 trillion pay package would worsen...
OCBC’s shares hit record as wealth unit shines
[ad_1] OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] OCBC shares hit a fresh record on Tuesday (Dec 2) as the...
Indonesia assigns US$1 billion to Brics-led New Development Bank
[ad_1] [JAKARTA] Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations.The country expects its contribution to help fund sustainable...
Genting’s New York casino licence buffers risks in Malaysia
[ad_1] The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds[KUALA LUMPUR] Genting Group won a coveted New York City casino licence that will allow the...
Samsung debuts its first trifold months ahead of folding iPhone
[ad_1] The company has outfitted the TriFold with its suite of Galaxy AI software features[NEW YORK] Samsung Electronics unveiled its first so-called trifold smartphone, flaunting its engineering prowess in foldable...
Danantara’s US$1.4 billion Garuda play emerges as key reform test
[ad_1] The 76-year-old airline is a major employer and a key mode of transport for the country[JAKARTA] Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh...
Stocks to watch: UOB, Nio, Sanli
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday announced on Tuesday that...
Shein probed by Texas attorney general over labour practices, product safety
[ad_1] The company is headquartered in Singapore but sources most of its products from China, where it has several thousand suppliers[NEW YORK] Texas Attorney General Ken Paxton said on Monday...
European shares kick off December on negative note; Airbus slides
[ad_1] [BENGALURU] European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking off the new month on a cautious...