Business

Wall Street Bounces Back Following Last Week’s Decline 0
- Business
- 02/24/2025
US markets open higher as major indexes recover, with Apple seeing gains after announcing a massive investment plan. Markets Rebound After Recent LossesWall Street saw a positive start to the week on Monday, 24 February, as key stock indexes climbed, recovering from the sharp downturn experienced last week. Investors showed renewed confidence, while Apple’s shares
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eFishery’s Collapse Leaves Investors Facing Major Losses 0
- Business
- 02/24/2025
Once a billion-dollar start-up, the Indonesian aquaculture firm is now struggling with financial misrepresentation, debt issues, and mass layoffs. Investors Facing Heavy LosseseFishery, once a rising star in Indonesia’s start-up ecosystem, has been revealed to be in a far worse financial state than previously thought. Investigators appointed by the company’s board estimate that investors may
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Economics to Steer ESG Investments Despite Political Setbacks, Says Ravi Menon 0
- Business
- 02/21/2025
While global politics impact climate action, long-term investment trends favour greener technologies. Economic factors will ultimately shape environmental, social, and governance (ESG) investment strategies in the medium term, despite political shifts causing temporary headwinds, according to Singapore’s ambassador for climate action, Ravi Menon. Speaking at a sustainability forum hosted by Temasek on Friday (Feb 21),
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Malaysia Poised to Expand US Glove Market Share Amid New Tariffs on Chinese Imports 0

Increased US Tariffs on China-Made Goods Create Opportunity for Malaysian Glove Producers The latest US tariffs on Chinese imports could significantly benefit Malaysia’s glove manufacturers, allowing them to secure a larger share of the American market. As the world’s leading rubber glove producer, Malaysia stands to gain an additional 10 per cent of the US

Novo Nordisk Sues Singapore Biotech Firm for US$830 Million Over Alleged Drug Fraud 0

Danish Pharmaceutical Giant Claims It Was Misled About Hypertension Treatment’s Effectiveness Novo Nordisk has filed a lawsuit in Singapore, seeking up to US$830 million in damages, alleging that it was deceived by a local biotech company regarding the efficacy of an experimental hypertension drug. According to a court ruling made public this week, KBP Biosciences

Scoot Reintroduces Card Processing Fees for Flights from Singapore 0

Charges Between 1.4% and 2.26% Apply to Card Payments, While Alternative Methods Remain Fee-Free SINGAPORE – Passengers booking flights with Scoot departing from Singapore will now incur card processing fees. The airline implemented the fees on 10 February to offset costs imposed by financial institutions for processing credit and debit card payments, according to a

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