Business
Germany’s ‘Young Elon’ admires Musk — but wants to beat his Tesla bot
David Reger, founder and CEO of Munich-based Neura Robotics, is building humanoid robots — and a reputation with a touch of déjà vu. In…
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Business
Business
AMAs 2025 livestream: How to watch the American Music Awards online or on TV, including free options
It’s time to celebrate your favorite singers and musical acts by tuning into the American Music Awards tonight (Monday, May 26, 2025) at 8…
Business
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year…
Business
Germany’s Schwan-Stabilo Group Taps Michele Molon for Group CEO Role
CHANGE IN COMMAND: Michele Molon will become group chief executive officer of Germany’s Schwan-Stabilo Group, the 800 million euro company…
Business
Boustead’s H2 profit up 48 per cent to S$59.1 million
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024, increased 58 per cent to S$59.1…
Business
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based…
Business
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and…
Business
Maybank Q1 net profit rises 4% to RM2.6 billion
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM 2.5 billion in…
Business
Volvo Cars to cut 3,000 jobs in restructuring
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a…
Business
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Business
Singapore shares fall amid mixed regional showing; STI down 0.2%
Across the broader market, decliners edge out gainers 268 to 220, after 894.4 million securities worth S$751.7 million change hands Shares…
Business
Books on the ultrarich dominate the Modern CEO summer reading list
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
“Your Friends and Neighbors” and the Perils of the Rich-People-Suck Genre
The first episode of the new Apple TV+ drama “Your Friends and Neighbors” takes pains to explain how one can rake in…
Business
The rise and fall of Michelle Mone: A self-created fairy story
Craig Williams BBC Scotland News Michelle Mone spent 25 years building her business empire and public profile through the British media. A…
Business
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say…
Business
How to push back on an unethical request at work
A few years ago, a sales executive I worked with found himself in a difficult position. His company was under review for a potential…
Business
What’s open and closed on Memorial Day 2025? Stock markets, banks, stores, pharmacies, more
The temperatures are heating up and school’s almost out for the summer. Before we fully dive into the warmer months and vacations, we get…
Business
What’s open and closed on Memorial Day 2025? Stocks, banks, Walmart, groceries, post office, more
The temperatures are heating up and school’s almost out for the summer. Before we fully dive into the warmer months and vacations, we get…
Business
Chinese EV stocks tumble after BYD slashes prices as much as 34%
BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts…
Business
In tiny rural towns, young entrepreneurs are using food to revitalize communities
Visit just about any downtown on a weekend and you will likely happen upon a farmers market. Or, you might grab lunch from a food truck…
Business
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May…
Business
Australia’s WiseTech agrees to buy E2open for US$2.1 billion
The deal, which will be fully funded through a new US$3 billion debt facility underwritten by a syndicate of nine lenders Australian…
Business
LVMH is Innovating With its Viva Tech Stand
POWER OF TWO: LVMH Moët Hennessy Louis Vuitton, a founding partner in Viva Technology, plans to streamline its awards and displays at the…