Entrepreneurship
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to...
UOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15SHARES of UOB rose to a new high on Wednesday (Feb 19)...
China revamps power market rules in challenge to renewables boom
CHINA’S unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to determine the price of new wind and solar power.The...
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talentNORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to...
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion in the previous corresponding...
Ford cuts bonuses for half of middle managers
FORD Motor is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker confronts declining profits and high costs.Ford...
Intel has biggest rally since 2020 on breakup speculation
INTEL soared 16 per cent on speculation that the iconic chipmaker could be broken up in a deal involving Taiwan Semiconductor Manufacturing Company (TSMC ) and Broadcom.TSMC has discussed...
Your Business Website: 5 Mistakes That Cost You Customers
Your website is kinda like your business card for the internet. If it’s not working right, you’re probably losing customers, plain and simple. People don’t have the patience for...
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt repayment ability of hotels, restaurants and other travel-related businesses.
Bad loans totalled...
Ex Parte Hearing? Don’t Panic, Read This First
Getting a notice for an ex parte hearing can feel overwhelming, especially if you’re unfamiliar with the process. But don’t let the legal jargon or urgency throw you off....
