Entrepreneurship

SK Hynix speeds up new chip fab opening to meet memory demand, executive says
[SEOUL] SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said,...
Trump imposes 25% tariff on imports of some AI chips
US PRESIDENT Donald Trump on Wednesday imposed a 25 per cent tariff on certain AI chips, such as the Nvidia H200 AI processor and a similar semiconductor from AMD...
Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks 
EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored the repercussions of simmering geopolitical tensions globally.The pan-European Stoxx 600...
Stop Chasing Funding, Start Chasing Customers
There’s a lie many founders hear on day one: you need outside money to build a real business. You don’t. The first step isn’t a pitch deck. It’s a...
Wall Street slides at open as investors assess results from big banks
[NEW YORK] Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while retail sales and producer...
Bank of America profit climbs as trading surges in volatile markets
[NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.Softening...
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies[SINGAPORE] Advanced Systems Automation intends to make a voluntary conditional offer for all the shares...
Toku seeks brand recognition in fight with giants with Catalist listing
[SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it pitches to prospective large enterprise customers....
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to politics and the government’s reluctance...
China investigates Trip.com over alleged antitrust conduct
[BEIJING] China is investigating Trip.com Group, the country’s largest online travel agency, over alleged antitrust conduct, according to the State Administration for Market Regulation.The company is being investigated for...
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
The group’s undervalued share price is unwarranted, given its rare landed housing land bank[SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is...
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround[NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load...