Entrepreneurship
Gold ticks higher as US unemployment climbs in November
[BENGALURU] Gold climbed on Wednesday (Dec 17) after a US jobs report showed the unemployment rate rose in November, buoying bets of further US interest rate cuts next year...
Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
[WASHINGTON] US President Donald Trump on Tuesday ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, a move set to sharply escalate tensions between Washington and...
Waymo in talks to raise billions at over US$100 billion valuation: report
ALPHABET unit Waymo is in talks with potential investors to raise money at a valuation of at least US$100 billion, The Information reported on Tuesday, as competition intensifies in...
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank will start trading in Tokyo on Wednesday (Dec 17)...
Warner Bros Discovery board rejects rival bid from Paramount
[LOS ANGELES] Warner Bros Discovery’s board rejected Paramount Skydance’s US$108.4 billion hostile bid on Wednesday (Dec 17), saying it failed to provide adequate financing assurances.In a letter to shareholders,...
RBNZ expects new bank capital requirements to lower rates
[WELLINGTON] New Zealand’s central bank is reducing capital requirements for lenders and expects that to benefit consumers through lower interest rates and more competition.“These new settings will reduce the...
Tesla eyes battery-cell production in Germany from 2027: report
Europe continues to trail China in the development of large-scale cell-production capacity[BERLIN] Tesla plans to launch battery-cell production at its plant outside Berlin as soon as 2027, German press...
European equities end lower as investors assess US data; defence firms tumble
EUROPEAN shares dipped on Tuesday, led by sharp declines in defence and energy shares, with investors parsing disappointing domestic and US jobs data.The pan-European Stoxx 600 fell 0.47 per cent to...
Stand Strong Show Up For Hanukkah
Hanukkah is not just candles and songs. It’s a story about resilience. Right now, with fresh threats and shaken communities, that story matters. My take is simple: we must...
Property tycoon Gordon Tang to acquire Suntec Reit manager
Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8%[SINGAPORE] Acrophyte Asset Management, controlled by property tycoon Gordon Tang,...
