Business
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft Microsoft’s joint venture…
Tag
Venture
Business
Intel, TSMC recently discussed chipmaking joint venture: report
Intel and Taiwan Semiconductor Manufacturing Company (TSMC) have recently discussed a preliminary agreement to form a joint venture to…
Business
Venture capitalist Finian Tan sought to invest in alleged scammer Ng Yu Zhi’s nickel business
Well-known venture capitalist Finian Tan was told in August 2020 that someone was keen to invest in his funds. That person turned out to…
Business
Shell completes Singapore refinery sale to Chandra Asri-Glencore joint venture
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on…
Celebrity
Sid Sriram Unveils ‘Sivanar’ Under New Warner Music India Joint Venture (EXCLUSIVE)
In a move bridging traditional South Indian music with global audiences, acclaimed Indian-American vocalist, musician and composer Sid…
Business
Singtel’s NCS expands in the Philippines through a joint venture for clients to better access services
Move marks a significant point in company’s Apac growth journey, says CEO Ng Kuo Pin NCS, Singtel’s technology services arm, announced on…
Business
UMS Integration, Grand Venture Technology get nods for secondary listing in Malaysia
The two semiconductor players want to list across the Causeway, where initial public offerings have been on the rise SINGAPORE-LISTED UMS…
Business
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, after…
Business
Venture posts 6.6% fall in H2 net profit to S$121.4 million on weakness in lifestyle consumer segment
VENTURE Corporation posted a 6.6 per cent year-on-year decline in net profit to S$121.4 million for the half year ended Dec 31, 2024, from…
Business
Abrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter…
Business
Goldfinch Stakes Claim in Indonesian Creative Economy With Government-Backed Venture (EXCLUSIVE)
U.K. entertainment financier Goldfinch is making power moves in Southeast Asia’s largest market, inking a landmark joint venture to launch…
Business
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will…
Business
Australia’s Star Entertainment rises on bids for its Brisbane joint venture
Destination Brisbane Consortium is a joint venture between Star Entertainment and its Hong Kong partners, Chow Tai Fook Enterprises and…
Business
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son said on Monday (Feb 3) he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to…
Business
LNG firm Venture Global gets US$1.75 billion in year’s biggest IPO
VENTURE Global raised US$1.75 billion in its initial public offering (IPO), pricing its shares in the middle of a marketed range. The…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture…
Culture
A*Star, Grand Venture Technology to develop manufacturing platform for advanced ceramics
GRAND Venture Technology (GVT) and the Agency for Science, Technology and Research (A*Star) will be working together to develop a…
Business
A*Star, Grand Venture Technology to develop manufacturing platform as company’s semiconductor business gains pace
GRAND Venture Technology (GVT) and the Agency for Science, Technology and Research (A*Star) will be working together to develop a…
Business
Stocks to watch: Stoneweg E-Reit, Grand Venture Technology
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 13): Stoneweg European Real Estate…
Fashion
Deft at blending AI with design practices? This Singapore-based venture capitalist firm wants you
“By supporting this initiative, we are not just recognising great ideas,” she continued. “We are opening doors to capital, connecting…
Business
Lendlease, Warburg Pincus appoint Bart Price as CEO of Apac R&D joint venture
He has two decades of career experience in real estate, infrastructure investments and capital markets AUSTRALIAN real estate group…
Business
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in…
News
US finalises US$9.63 billion loan for Ford, SK On joint battery venture
THE US Energy Department on Monday (Dec 16) said it has finalised a US$9.63 billion loan to a joint venture of Ford Motor and South Korean…