Business
Singapore stocks slip as US Fed chair Powell says equities ‘highly valued’; STI drops 0.3%
In the wider market, gainers edge out losers 285 to 270, after 1.6 billion shares worth S$1.4 billion change hands The Straits Times Index…
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.
Business
OCBC appoints Carina Lee as new group chief risk officer
OCBC has appointed Carina Lee – its current group chief credit officer for the wholesale banking business – as its new group chief risk…
Business
UBS boosts payouts for US wealth advisers amid intense hiring battle
The move comes after UBS lost several high-profile US wealth adviser teams to rivals or independence UBS Group is raising the payouts…
Business
Asia’s real-time payments surge, but gaps persist: StanChart
One common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another…
Business
Alibaba launches Qwen3-Max AI model with more than one trillion parameters
The company has announced plans to invest 380 billion yuan in artificial intelligence-related infrastructure over the next three years…
Business
Australian central bank blasts ASX for trading settlement failures
The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s…
News
In return to ABC show, Kimmel denies he was making fun of Kirk assassination
Jimmy Kimmel returned to his late-night television show Tuesday night after nearly a week-long suspension with a monologue filled with…
Business
China’s Comac said to slash delivery targets for its C919 jet
The Chinese aircraft maker is seeing bottlenecks in virtually all key parts of its supply chain, hampering its ability to produce jets at…
News
Adelita Grijalva wins special congressional election to succeed her father in southern Arizona
Southern Arizona voters on Tuesday chose Adelita Grijalva to succeed her father, the late U.S. Rep. Raul Grijalva, a progressive Democrat…
Business
Asia: Markets waver after Wall Street retreats from record
EQUITIES wavered on Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging…
Business
Cathie Wood buys Alibaba after four years in China comeback
Cathie Wood’s funds reopened positions in Alibaba Group Holding for the first time in four years, just as the stock rallied to a multiyear…
Business
Gold steady near record high as markets assess Powell’s comment
The US weekly initial jobless claims report is due on Thursday, followed by the Personal Consumption Expenditures index, the Fed’s…
News
Trump administration rehires hundreds of laid-off employees sacked in Musk's cost-cutting blitz
Hundreds of federal employees who lost their jobs in Elon Musk's cost-cutting blitz are being asked to return to work. Source link
Business
Food Empire raises S$42.8 million from placement of 17 million treasury shares
The placement is expected to broaden the company’s investor base and position it for future growth opportunities Food Empire raised around…
News
RFK Jr. Committee’s Decision on Vaccines Much Ado About Nothing (So Far)
The recent meetings of the Advisory Committee on Immunization Practices change almost nothing about early childhood vaccination. For now.…
Business
Stocks to watch: Seatrium, Food Empire, Frasers Property, Frasers Centrepoint Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 24): Seatrium: The offshore,…
News
China rare earths issue remains unresolved, US lawmaker says
Beijing has used its position as a strategic lever as trade tensions with the Trump administration escalated earlier this year The…
Business
Seatrium divests AmFELS shipyard in Texas for S$65 million
The group will transition its strategic presence in the US post-sale to focus on engineering innovation and technology capabilities…
News
Boeing taps Palantir to bring AI to defence, space factories
Artificial intelligence has emerged as a key focus for defence companies amid rising geopolitical tensions Boeing will partner with…
Business
KKR, Blackstone make US$17 billion natural gas bet after AI boost
Private credit lenders have been increasingly focused on investment-grade companies and large public firms for financing opportunities as…
Business
Fed’s Powell strikes middle path on inflation, jobs, as others take sides
US Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation…
News
Immigration agent who shot man in Chicago-area traffic stop says injuries were 'nothing major'
A federal immigration agent called injuries caused by being dragged by a car "nothing major" in body camera footage released Tuesday…
News
DHS: 1.6 million illegal immigrants self-deported since Trump took office
The Homeland Security Department estimated Tuesday that 1.6 million illegal immigrants have self-deported since President Trump took…
News
Kamala Harris' book tour sparks new round of criticism
Former Vice President Kamala Harris has crashed back onto the political scene -- and critics say crashed is the operative word. Source link