Entrepreneurship
Germany, Spain push back on European plan to ban Huawei gear
Published Wed, May 27, 2026 · 07:27 PMGERMANY and Spain are leading opposition to European Commission plans to ban Chinese technology suppliers from telecom networks as part of new...
IHH Healthcare Q1 net profit edges up 3% to RM528 million
Foreign currency translation differences set the group back by RM796 million during the quarter[SINGAPORE] Integrated healthcare operator IHH Healthcare on Tuesday (May 26) reported a 3 per cent year-on-year...
China traders rush for exit after cross-border flow crackdown
Published Tue, May 26, 2026 · 08:40 AMCHINESE investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on...
AI boom masks mounting risks from Middle East energy shock: MAS chief
The financial regulator is working with private banks to shorten the time needed to open an account[SINGAPORE] Artificial intelligence investments have helped keep global markets buoyant despite a major...
Nissan unit scraps plan to make EV powertrains in UK: Nikkei
The plan to invest £48.7 million to make up to 340,000 units a year has been cancelledPublished Sun, May 24, 2026 · 08:24 PM[TOKYO] Nissan Motor subsidiary Jatco has...
Anthropic nears US$30 billion funding round to top OpenAI as most valuable AI startup
Published Sat, May 23, 2026 · 11:34 AM[NEW YORK] Anthropic is set to close its latest round of funding, which may top US$30 billion at a valuation above US$900...
Wall Street rises, Dow hits record high as Middle East hopes lift sentiment
Semiconductor stocks, which have driven recent Wall Street gains, are mostly higherPublished Sat, May 23, 2026 · 08:01 AM[NEW YORK] US stocks rose on Friday (May 22), with the...
Taiwan semiconductor firm Kyec pumps S$100 million in new Singapore plant, creates over 300 jobs
[SINGAPORE] A new semiconductor testing facility in Singapore will create over 300 jobs across engineering and managerial roles. It will also provide the local workforce with training in equipment...
Nio Q1 net loss narrows to 332.1 million yuan as revenue doubles
Loss per share stood at 0.2 yuan, up from a loss of 3.29 yuan per share in Q1 2025[SINGAPORE] Chinese electric vehicle (EV) maker Nio posted a net loss...
Barclays CEO says UK should seek ways to lower cost of Brexit
Published Thu, May 21, 2026 · 12:11 AMTHE UK should look for ways to reverse the economic effect of Brexit, though it may be impractical to undo Britain’s exit...
Meta begins 8,000 job cuts in efficiency push spurred on by AI
This latest round of cuts is expected to hit the company’s engineering and product teamsPublished Wed, May 20, 2026 · 08:34 AM[SAN FRANCISCO] Meta Platforms is alerting thousands of...
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent[SINGAPORE] DBS is reframing banking with agentic artificial intelligence, and maintaining an organisational culture open...