Entrepreneurship
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further[SEOUL] Hyundai Motor Group stocks have added around US$24 billion in market value...
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks[LONDON] Diageo is considering options for its Chinese assets, including potential divestments, people familiar...
UBS CEO Sergio Ermotti plans to step down in April 2027, FT reports
UBS Group CEO Sergio Ermotti is planning to step down in April 2027, the Financial Times reported on Tuesday.Aleksandar Ivanovic, UBS’s asset management chief, has emerged as one of...
UBS CEO Sergio Ermotti plans to step down in April 2027 after completing Credit Suisse project: FT
The report comes at a time when UBS is trying to fight the Swiss government’s proposals to strengthen banking rules[ZURICH] UBS CEO Sergio Ermotti, who oversaw the Swiss bank’s...
China examines foreign ETF trades after Jane Street India probe
Beijing has long used a mix of regulations, pressure behind closed doors and occasional buying by state-owned investment funds to dampen volatilityCHINA is scrutinising how Jane Street Group and...
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy [SINGAPORE] Boustead Singapore on Monday (Jan 12) announced...
BlackRock cuts hundreds of jobs, trimming about 1% of staff
[NEW YORK] BlackRock is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks.The cuts total about 1 per...
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
[SEOUL] SK Hynix Inc. plans to spend 19 trillion won (S$16.6 billion) building a new advanced chip packaging facility, kicking off a major expansion aimed at meeting surging demand...
BHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal[LONDON] BHP Group’s bold bid to buy rival Anglo American in...
Silver’s one-year 180% bull run: What to know about investing in it versus gold
The use of digital silver accounts to manage silver investments has gained traction recently[SINGAPORE] Silver’s streak continues into the new year, after a strong rally in 2025 – with...
