Posts by Swedan Margen
Apac Realty’s H1 net profit more than doubles to S$11.3 million on higher home sales
[SINGAPORE] Real estate services player Apac Realty’s net profit more than doubled to S$11.3 million for its first half ended Jun 30, 2025. This was driven by “robust activity” in the new private residential segment, which resulted in higher home sales, said the company in an earnings statement on Friday (Aug 8). Developers sold 5,566…
Read MoreThe Week: Trump Attempts to Work the Statistics | National Review
Plus: A nuclear moon. Source link
Read MoreThe MAG Before MAGA | National Review
Theodore Roosevelt as Trump precursor. Source link
Read MoreRichard Brody’s Summertime Movie Picks
The recent heat wave may be only a memory—but enshrining memories is what movies do, and many of them rely on harsh summer climates as crucial elements of drama. In the mid-twentieth century, when few residences were cooled during the summer, most movie theatres were air-conditioned: even as characters sweated, viewers chilled. Here are a…
Read MoreChina July car sales growth slows on weak hybrid demand, price war curbs
[SHANGHAI] China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack down on a price war that has bruised the industry. Sales rose 6.9 per cent from July 2024 to 1.85 million cars, down from an 18.6 per cent year-on-year increase in…
Read MoreTicker glitch, rising competition deepen woes for Australian bourse
[SYDNEY] ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most of its global peers. In just two days, a bungled market announcement, a threat to its long-standing dominance and surprise expenses tied to an ongoing regulatory probe dented confidence in the exchange and heaped more…
Read MoreChina cuts coal imports, buys more oil and gas in July
[SINGAPORE] China’s coal imports fell for the fifth time in six months in July as Beijing leans more on domestic mining, while boosting oil and gas imports to meet energy needs. At the same time, rising exports to Asean underscores the country’s growing trade focus on regional partners as negotiations with the US progress. Based…
Read MoreIntel CEO Tan Lip-Bu says has board support as Trump calls for resignation
Tan has reached out to the White House to clear up what he called “misinformation” about his track record Published Fri, Aug 8, 2025 · 02:56 PM [SANTA CLARA] Intel chief executive officer Tan Lip-Bu said he’s got the full backing of the company’s board, responding for the first time to US President Donald Trump’s…
Read MoreFrom rubber roots to risk management: Singapore’s 60-year mastery of global trades
[SINGAPORE] As Singapore turns 60 this weekend, its journey from colonial rubber-trading outpost to one of the most sophisticated commodities powerhouses in the world reveals a lesser-known story: how a nation with no natural resources rewrote global trade rules by mastering the financial alchemy of risk. In 2024, global traders conducted US$1.9 trillion worth of…
Read MoreAccumulating bitcoin a risky digital rush by companies
US PRESIDENT Donald Trump’s media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing number of companies buying huge amounts of bitcoin. The aim? To diversify reserves, counter inflation and attract investors, analysts say. Who also invests? Companies frequently own bitcoin – the largest cryptocurrency by market capitalisation…
Read MoreOver 30 companies in IPO pipeline: SGX
[SINGAPORE] More than 30 companies are currently in the Singapore Exchange’s (SGX) initial public offering (IPO) pipeline, according to the group’s head of global sales and origination, Pol de Win. He shared this during the group’s financial results briefing on Friday (Aug 8), in response to a question from Thilan Wickramasinghe, head of research for…
Read MoreLeading ladies: The women heading the biggest family-led hotels in Asia
[SINGAPORE] Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across family-controlled Asian hospitality groups. The daughter of Malaysia’s richest man, Robert Kuok, Hui Kwong was appointed chief executive of the prestigious hotel group on Aug 1. She is the…
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