Entrepreneurship
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating[LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over...
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals[SINGAPORE] A week ago, media reports surfaced that DBS – South-east Asia’s largest lender...
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom[WASHINGTON] Tight memory chip supplies will constrain the number of US export...
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got before US special...
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy.The...
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says[ZURICH] UBS CEO Sergio Ermotti hopes his successor will be a candidate from within the...
Australia social media ban hits 4.7 million teen accounts in first month
[SYDNEY] Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a world-first ban on under-16s took effect, the country’s Internet...
This stock more than doubled in 2025. Now a family feud may unravel all of Nam Lee’s gains
Investors should press for answers as a corporate governance nightmare unfolds at the company[SINGAPORE] The Chinese New Year celebrations next month is shaping up to be an awkward affair...
Philippines to join Indonesia, Malaysia in blocking Grok AI
[MANILA] The Philippines will join Malaysia and Indonesia in blocking Elon Musk’s Grok artificial intelligence chatbot amid growing concerns over sexualized images generated by the AI system, according to...
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations[FRANKFURT] A majority stake in Volkswagen’s heavy diesel engine unit Everllence is attracting interest...
