Entrepreneurship
From Amazon to DBS: AI is driving thousands of layoffs worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years[SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow,...
From Amazon to DBS: AI is driving thousands of job cuts worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years[SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow,...
Trans-Cab, Geolah receive full ride-hail licences from LTA
LTA has upgraded their provisional licences for point-to-point transport services[SINGAPORE] Transport operators Trans-Cab and Geolah on Monday (Dec 22) received full ride-hail service operator licences, having held provisional licences...
Gold, silver hit record highs on Fed rate-cut bets
[BENGALURU] Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest...
China consumer shares hit record losing streak on weak demand
[BEIJING] Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to continue amid a sluggish economy and policy uncertainty.A gauge of...
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
[SINGAPORE] Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing additional income tax assessments.The...
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years?The year 2025 marks UOB’s 90th anniversary, and...
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22): Seatrium: Seatrium announced on Monday that it has reached an agreement...
After a tepid 2025, cautious optimism is building for private equity in 2026
More sectors could become attractive to investors next year as valuations are largely reset[SINGAPORE] The expected rebound in the private-equity (PE) sector did not materialise in 2025, but observers...
USD/CHF trades within key range as SNB holds rates and Fed turns cautious
THE US dollar/Swiss franc (USD/CHF) FX pair is widely considered a safe-haven currency pair due to Switzerland’s neutral geopolitical stance and its low-risk financial system, in contrast to the...
