Entrepreneurship

Kwek Leng Beng moves to sack son and CDL CEO Sherman Kwek; files lawsuit over ‘attempted coup’
A BATTLE for control has emerged within property giant City Developments Limited (CDL) between executive chairman Kwek Leng Beng and his son Sherman Kwek, who is the group chief...
BP to unveil strategy shakeup amid energy transition
BRITISH energy giant BP is set on Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy.A much anticipated...
Gold recoups from one-week low as tariff uncertainty weighs on risk appetite
GOLD prices climbed on Wednesday (Feb 26), recovering from a one-week low touched in the previous session, as uncertainties stemming from US President Donald Trump’s tariff plans dampened risk...
China must cut 15% of steel capacity to meet 2025 climate goals
CHINA needs to tackle its steel glut by cutting 15 per cent of capacity this year, if mills are to meet their 2025 climate goals and return to profitability,...
CDL H2 net profit drops 54.7% to S$113.5 million on property development segment’s lower contributions
PROPERTY player City Developments Ltd (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
CDL H2 net profit drops 54.7% to S$113.5 million
PROPERTY player City Developments Limited (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
Starbucks to outsource some tech work after corporate shake-up
The goal is to shift full-time workers to the company’s most important initiatives while leaning on service providers for “speed and agility”STARBUCKS will outsource some technology work following a...
Apple to keep DEI efforts, though some adjustments possible
APPLE investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion (DEI) efforts, though chief executive officer Tim Cook said that the company may...
OCBC misses estimates with Q4 earnings of S$1.69 billion; unveils S$2.5 billion capital return plan
OCBC on Wednesday (Feb 26) posted a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding...
How to Build Wealth for Retirement: Smart Investing Strategies
If you want to build wealth for retirement, it will require careful planning, disciplined investing, and a long-term perspective. Whether you are a young professional just beginning your career...
Google loses fight on Android Auto access, bodes ill for Big Tech
ALPHABET unit Google’s refusal to let an Enel e-mobility app access its Android Auto platform can be considered an abuse of its market power, Europe’s top court said on...
Tesla market value slips below US$1 trillion as Europe sales sink
The shares have now cumulatively fallen 16 per cent in four straight trading sessions of lossesA QUICK unwind in the shares of Tesla pushed the electric vehicle (EV) maker’s...