Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
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Business
Business
Ticket reseller StubHub's IPO 20 times oversubscribed, source says
Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its…
Business
Hong Kong pitches itself as assembly base for China EV makers
Hong Kong is in talks with several Chinese electric-vehicle (EV) makers to establish local EV manufacturing, according to people familiar…
Business
India tweaks IPO rules to allow easier listing for big firms
India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s…
Business
Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the…
Business
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely…
Business
China sets 2025 auto sales target below association forecast, vows tighter regulation
China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for…
Business
Emerging market investor inflows are a 2026 story, BOA says
Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a…
Business
US penalises two Chinese companies that acquired tools for chipmaker SMIC
The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor…
Business
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s…
Business
US: Nasdaq notches record high close, traders look to Fed meeting
The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the…
Business
Gunvor hires Singapore specialists as it expands precious metals business into physical trading
Global commodity trading house Gunvor is expanding its precious metals business from trading derivatives into physical metal and has hired…
Business
OpenAI wants to create a public benefit corporation. What does that mean?
The company has faced pushback, including from early backer Elon Musk, on the move AFTER months of back-and-forth with regulators and…
Business
PC Partner proposes delisting from Hong Kong to strengthen operations, lower costs
This will leave the company with just its primary listing on the Singapore Exchange Electronic company PC Partner Group has proposed a…
Business
US: Wall St opens muted after record highs, on track for weekly gains
Wall Street indexes opened subdued on Friday (Sep 12) after notching record highs in the previous session, though they remained on track…
Business
Seatrium loses appeal to block US$126.6 million rig contract payment
The group will continue with arbitration to resolve dispute and seek recovery of payment Seatrium on Friday (Sep 12) said its appeal in…
Business
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth slowed from…
Business
Overcoming Fear of Failure: The Path to Unlocking Opportunity
Fear of failure cripples too many potential leaders. I’ve noticed this pattern repeatedly throughout my entrepreneurial journey – people…
Business
ECB policymakers keep rate options open amid uncertain outlook
Another cut is entirely possible, says French central bank governor Francois Villeroy European Central Bank (ECB) policymakers were…
Business
Deregulation: Clearing the Way to a Better Economy | National Review
We already have the tools we need to ease the regulatory burden. Source link
Business
Singapore stocks buck regional gains on Friday; STI down 0.3%
Local stocks closed lower on Friday (Sep 12), bucking gains in the region. The Straits Times Index (STI) lost 0.3 per cent or 11.58 points…
Business
Singapore boards are unprepared for future complexities: Piyush Gupta
He notes that the role of the board transcends beyond just being a ‘policeman’; it also needs to be a ‘navigator’ and ‘shepherd’ Many…
Business
In surprise twist, Armani’s will instructs heirs to gradually sell fashion brand or seek listing
The late designer has left instructions for a 15% stake to be sold within 18 months Late designer Giorgio Armani in his will instructed…
Business
Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing
It will also be the first major automotive tech and commerce startup from Singapore to go public in the US Carro, South-east Asia’s…