Entrepreneurship

Google’s AI previews erode the internet, US edtech company says in lawsuit
ALPHABET’S Google internet search engine is eroding demand for original content and undermining publishers’ ability to compete with its artificial intelligence-generated overviews, a US educational technology company said in...
Great Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell 14 per cent to S$134.8 million...
Zoom issues dour revenue forecasts as demand slows
ZOOM Communications forecast revenue for the full year and the first quarter below Wall Street estimates on Monday as the company navigates an environment where employers are gradually moving...
Australian regulator pushes market operator ASX on fee transparency, competition
AUSTRALIA’S corporate regulator said on Tuesday the country’s stock market operator would be required to publish a comparison of clearing and settlement fees against foreign providers and justify any...
Unveiling the Secrets of Wealth Preservation and Management
Wealth isn’t just about numbers on a screen or balances in a bank account. It’s a testament to your hard work, strategic decisions, and, often, the legacy you aim...
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the company. The cuts represent about 7 per cent of the...
Yangzijiang Financial H2 earnings soars to S$197.3 million 
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about five times from S$39.3 million...
DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out...
Trump U-turn on NYC’s congestion pricing programme could dampen ST Engineering sentiment, but limited impact expected
THE Trump administration reversed federal approval for New York City’s congestion pricing programme on Feb 19. Even though ST Engineering’s subsidiary in the US, TransCore, runs the contract, analysts...
Vietnam adds to global steel turmoil with tariffs hitting China
Outside China itself, Vietnam is the biggest single buyer of Chinese steel, and hot-rolled coil is a major export productVIETNAM will impose anti-dumping tariffs on steel from China, following...
Cloud Hosting: What Your IT Guy Won’t Tell You
Cloud hosting is everywhere these days, and it’s often marketed as the ultimate solution for businesses. But is it the silver bullet it claims to be? While it offers...
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...