Entrepreneurship

Wilmar China unit found guilty of contract fraud, liable for 1.88 billion yuan in losses; looks to appeal judgement
[ad_1] It has been previously sued as an ‘accomplice’ in contract fraud related to palm oil trades [SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud...
China investment bank CICC to acquire two smaller rivals
[ad_1] Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights[HONG KONG] China International Capital Corporation (CICC) plans to acquire two smaller brokerages as...
Stocks to watch: SGX, CSE Global, Manulife US Reit, Keppel Reit, Wilmar, CDL
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 20): [ad_2] Source link
Healthcare AI company Heidi launches Singapore regional hub
[ad_1] The company plans to invest US$8 million in South-east Asia in the next two to three years[SINGAPORE] Healthcare artificial intelligence (AI) company Heidi on Thursday (Nov 20) announced the...
Stellantis takes fresh swipe at BYD on EV sales in Europe
[ad_1] Chinese carmakers have been on a tear in Europe despite the region’s import tariffs, offering electric as well as hybrid models at attractive prices[MUNICH] Stellantis traded more blows with...
Meta to remove under-16 Australians from Facebook, Instagram on Dec 4
[ad_1] META said Thursday that Australians younger than 16 will be removed from Facebook and Instagram on Dec 4, as Canberra prepares to enforce sweeping laws banning teens from social...
Nvidia beats Q3 revenue estimates, helping counter fears of AI bubble
[ad_1] The company has faced growing fears that the runaway spending on such equipment is not sustainable[SAN FRANCISCO] Nvidia, the world’s most valuable company, gave a strong revenue forecast for...
Oil settles down on renewed push to end Russia-Ukraine war
[ad_1] [NEW YORK] Oil prices fell on Wednesday after reports indicated the US is renewing its push to end Russia’s war in Ukraine and has drafted a framework for it. Brent crude...
When “Psychopathic” Traits Make Better Founders
[ad_1] Entrepreneurship rewards edge cases. That’s uncomfortable to admit, but it’s true. Some traits we label as “psychopathic” can fuel strong leadership when pointed in the right direction. My view...
Tech unicorns set to benefit from new SGX-Nasdaq dual-listing highway: observers
[ad_1] The new framework allows companies to pursue a dual listing on both Nasdaq and SGX through a single set of documents[SINGAPORE] Tech companies that aim for a Nasdaq listing...
Norinchukin ekes out small profit, flags risks in private credit market
[ad_1] The bank reported a net profit of 26 billion yen (S$217.3 million) for the months of July to September[TOKYO] Japan’s Norinchukin Bank, hit hard by mammoth losses last year,...
CSE Global’s Q3 revenue swells 20.5% but order book shrinks
[ad_1] Its order intake was weighed down by a lack of major projects and unrepeated orders from the same year-ago period [SINGAPORE] Systems integrator CSE Global posted a 20.5 per...