Business
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments; more deals on the way
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle Energy and chemicals player Aster has set…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
News
The Government’s Shameful Stake in the Gambling Glut
State governments shouldn’t profit from gambling addiction. Source link
News
Democrats Caved on the Shutdown
But Republicans will suffer longer-term if they continue to ignore health care policy. Source link
Business
Outlook for UOB lags DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income Market outlook for UOB has turned…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Culture
The Grim Resonance of “The Innocents of Florence”
A slim, compelling book about one of the first orphanages in Europe contains painful echoes of the present. Source link
Culture
Why Can’t A.I. Manage My E-Mails?
Chatbots can pass the Turing test—but they can’t yet handle an office worker’s inbox. Source link
Business
SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024 Bus and train operator SBS Transit’s…
Business
Burger King to enter China joint venture, plans to double stores
The new joint venture, Burger King China, will receive US$350 million in investment CPE US fast-food chain Burger King will rapidly expand…
Fashion
Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution The next…
Business
STI rises on Tuesday amid mixed regional performance
The index closes up 1.2% or 54.07 points at 4,542.20 while the iEdge Singapore Next 50 Index rises 0.5% or 7.11 points to 1,456.04 The…
Business
Banks and landlords are pounding on the door; can mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Mired in debt and facing…
Business
Sony raises profit forecast by 8%, cites lower tariff impact, anime strength
The Japanese conglomerate has become an entertainment powerhouse and is banking on the growth of anime Sony raised its operating profit…
Business
Singapore’s Pulau Bukom to house new sustainable aviation fuel plant by Aster, Aether Fuels
The move comes amid a deal spree by Aster, a joint venture between Indonesia’s Chandra Asri and commodities trader Glencore Refining and…
Business
Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian…
Business
Private funding in South-east Asia’s digital economy lags global level: report
Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June…
Fashion
Concentration of corporate power a ‘huge’ concern: UN rights chief
A FEW tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights challenges and needs…
News
Senate passes spending package to reopen government; House up next
The Senate on Monday night passed a spending package to reopen the government through at least January, after Republicans won a figurative…
Business
Yoma Strategic’s H1 net loss narrows to US$8.7 million
Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5…
Business
Apple delays next version of iPhone Air: report
Apple will not release the next version of the iPhone Air in the fall of 2026 as previously planned, amid weak sales, the Information…
Business
Intel CEO to oversee its AI efforts after executive departs for OpenAI
Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology…
Business
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use…