Entrepreneurship
Mapletree Logistics Trust prices S$400 million perpetual securities at 3.5%
Net proceeds will go towards the group’s general corporate and working capital purposes[SINGAPORE] Mapletree Logistics Trust (MLT) has priced S$400 million in subordinated perpetual securities at 3.5 per cent...
UBS to pay US$125 million in fines over anti-money laundering violations
This is the largest-ever fine against a broker-dealer for Bank Secrecy Act violationsPublished Tue, Aug 4, 2026 · 12:17 AMUBS Financial Services (UBSFS), a subsidiary of UBS Group, has...
Yen leaps after joint US-Japan forex intervention, leaving the US dollar bruised
The yen surged more than 3% surge over two trading sessions in the week ended Aug 2Published Mon, Aug 3, 2026 · 09:48 AM[SINGAPORE] The yen leapt on Monday...
After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
Firm’s realistic near-term target remains below the performance of today’s leading AI memory[BEIJING] A blockbuster initial public offering (IPO) can generate buzz and signal investor confidence, but the far...
Yen surges to lower 157 versus US dollar, Japan authorities step in
Published Sat, Aug 1, 2026 · 11:18 AM[TOKYO] The yen briefly surged to the lower 157 level against the US dollar in New York on Friday (Jul 31), with...
OUE to book H1 FY2026 net loss on associate losses, impairment charge
It owns 29.07% of an investee company which has been hit by the slowdown of the property market in China[SINGAPORE] OUE is expected to book a net loss for...
DBS COO’s most important tip for AI transformation: Lead with ‘why’
In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’The strategies and stories that shape today’s leaders[SINGAPORE] Derrick Goh, DBS’ first-ever group chief operating...
UBS CEO defends share buybacks, pushes back against capital proposals
Sergio Ermotti says that although the integration of Credit Suisse is ‘practically complete’, the regulatory debate has yet to be resolvedPublished Thu, Jul 30, 2026 · 04:53 PM[ZURICH] UBS...
Thousands of Audi workers protest over threatened plant closure
The protestors are against possible closure of the German automaker’s Neckarsulm plantPublished Wed, Jul 29, 2026 · 10:36 PM[NECKARSULM, Germany] Thousands of Audi workers demonstrated on Wednesday (Jul 29)...
UPS hikes full-year forecasts after Amazon delivery reductions
UPS expects to generate revenue of US$91.2 billion in 2026, up from its previous forecast of US$89.7 billionPublished Tue, Jul 28, 2026 · 10:50 PM[NEW YORK] United Parcel Service...
