Business
Hong Kong stocks retreat from four-year high as investors pocket gains
Hong Kong stocks fell on Friday (Oct 3) as investors locked in gains after the benchmark index hit a new four-year high in the previous…
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.
Fashion
Japan faces beer crunch after cyberattack hobbles Asahi’s output
Seven & i Holdings and other retailers in Japan are warning customers of possible Asahi Super Dry beer shortages after a cyberattack…
Business
Singapore banks to enforce 24-hour cooling period for digital transactions exceeding 50% of account balance
This is for current and savings accounts, including joint ones, with balances of at least S$50,000 In a move to fortify protections…
Business
DBS gains S$26 billion in value, widening lead against OCBC
The bank is more efficiently run versus its peers and has more of a focus to reward shareholders, says Tareck Horchani of Maybank…
Business
BOJ’s Ueda warns of global uncertainty, keep markets guessing on next hike
Japan’s economy is weathering the hit from US tariffs so far, the governor says Bank of Japan (BOJ) governor Kazuo Ueda said inflation was…
Business
Nomura unit Laser targets Japan’s booming crypto trading market
The news comes with crypto pushing further into mainstream financial services in the country Nomura Holdings plans to expand in Japan’s…
Business
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep…
Business
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
Singapore F1 Grand Prix: stocks to watch
Events like this race are signals of longer-term opportunities rather than chances for quick profit, says eToro analyst Zavier Wong As the…
News
Indonesia regrets EU’s move to appeal on WTO biodiesel ruling
The case joins a string of disputes over biodiesel tariffs and palm oil’s link to deforestation The Indonesian trade ministry on Thursday…
News
Trump Notifies Congress That the U.S. Is at War with Drug Cartels
The more distant we are from an actual military threat, the more imperative it should be to obtain authorization from the people’s…
Business
Sumitomo Life said to take step to avoid marking bond losses
The Osaka-based insurer is taking advantage of guidelines for bond investors when prices move sharply Sumitomo Life Insurance is taking an…
Culture
What to See in the 2025 New York Film Festival’s Second Week
When I’m looking at what’s on offer in the Revivals section of the New York Film Festival—and, for that matter, whenever I see a…
Business
Alphabet plans sale, spinoff of Verily unit, executive says
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past…
Business
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more Japan’s largest bank is…
Business
Designing the revenue engine of tomorrow’s business
The businesses poised to thrive are those that view transformation with a forward-looking mindset SINGAPORE’S businesses stand at the…
News
India, China to start direct flights as bilateral ties warm
Diplomatic ties between the longstanding rivals are on an upswing at a time when US tariffs have added to economic uncertainties in the…
Business
US: Wall Street closes with records as tech support offsets labour, shutdown uncertainties
The lacklustre jobs data so far has led traders to bet widely that the US Federal Reserve will cut interest rates two more times this…
Business
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV…
Culture
Fake actor deepens anxiety over AI in Hollywood
Scary. Terrifying. Deeply misguided. Those were among the visceral reactions this week from Emily Blunt, Whoopi Goldberg, Natasha Lyonne…
Business
Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla reported a surprise increase in…
Business
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit The S$810 million sale of…
Business
Warren Buffett’s Berkshire Hathaway to buy Occidental’s chemical unit for US$9.7 billion
OxyChem is set to be Berkshire’s largest acquisition since it took over the insurer Alleghany in 2022 Warren Buffett’s Berkshire Hathaway…