Entrepreneurship
US dollar gains on yen after consumer price data
[TOKYO] The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data showed US consumer price...
Philip Yeo to step down from CDL board after fiery AGM showdown
[SINGAPORE] City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter boardroom battle against his son, chief executive officer Sherman...
Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billionPublished Tue, Jul 15, 2025 · 06:39 PM...
India’s cooling inflation prompts rate-cut calls
[MUMBAI] A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more interest...
ECB to test banks’ resilience to geopolitical risk in 2026
Next year’s exercise will be part of banks’ self-evaluation of their capital needsPublished Tue, Jul 15, 2025 · 05:56 PM[FRANKFURT] The European Central Bank will test banks’ resilience to...
Centurion launches premium brand in student housing for its upcoming Reit
[SYDNEY] Centurion Corporation has unveiled a premium brand for its latest purpose-built student accommodation (PBSA) property in Macquarie Park in Sydney. The rates at facilities in the Epiisod stable...
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
[SINGAPORE] Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion mark for the first...
Volvo takes 11.4 billion Swedish kronor charge over tariffs and EV model delays
Carmaker is also struggling to attract EV buyers in the highly competitive Chinese marketPublished Tue, Jul 15, 2025 · 04:46 PM[STOCKHOLM] Volvo Car is taking a one-time non-cash impairment...
Far East Hospitality opens two hotels in Osaka
[SINGAPORE] Far East Hospitality announced on Tuesday (Jul 15) the opening of two hotels in the Namba South and Honmachi districts in Osaka, in a bid to expand its...
RTX launches new Collins Aerospace facility with flexible manufacturing system in Singapore
[SINGAPORE] Defence conglomerate RTX launched its new Collins Aerospace facility at Seletar Aerospace Park in Singapore on Tuesday (Jul 15). This marks the beginning of construction at the aerospace...
