Business
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…
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
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
News
Appeals court rules Trump misused Alien Enemies Act against Venezuelan deportees
A federal appeals court issued a searing rebuke to President Trump late Tuesday, ruling that he overstepped his deportation powers when he…
Fashion
Money changers facing existential threat from YouTrip, Revolut, Alipay and other multi-currency wallets
For 50 years, The Arcade at Raffles Place has bustled with holidaymakers and retail speculators seeking the best exchange rates to convert…
Business
Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.…
Business
JPMorgan to boost corporate banking in India on investment jump
JPMorgan Chase is strengthening its corporate banking presence in India, focusing on sectors such as electric vehicles, data centres, and…
Business
EV maker Nio posts 0.3% wider Q2 net loss of 5.1 billion yuan despite top-line growth
Chinese electric vehicle (EV) maker Nio recorded a net loss of 5.1 billion yuan (S$928.4 million) for its second quarter ended Jun 30,…
Business
Ikea to drive China furniture costs lower as price war deepens
Ikea pledged to keep prices lower at its China stores, as the world’s largest furniture retailer courts thriftier buyers and seeks to fend…
News
Appeals court reinstates FTC commissioner fired by Trump
A federal appeals court issued a ruling Tuesday restoring Rebecca Slaughter to her post on the Federal Trade Commission, saying President…
News
House releases trove of Epstein files
A House committee on Tuesday began uploading 34,000 pages of government documents on the investigation into sex offender Jeffrey Epstein,…
News
England’s Arrest of Graham Linehan Was an Act of Calculated Tyranny
The country’s illiberalism toward speech about transgenderism shocks even me. Source link
Business
Who will be next to lead Temasek, and is there enough time for them to come up to speed?
Temasek Holdings executive director and chief executive Dilhan Pillay last week made clear that the Singapore investment company is paving…
News
Oil settles up 1% after US imposes sanctions targeting Iranian oil
Oil prices settled up more than 1 per cent a barrel on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream, and…
News
Almost 50% of FEMA employees do social media while on the job; some consume porn
Nearly half of employees at FEMA used their social media accounts while on the job, according to the results of a government investigation…
News
House plans to make Epstein files public
A top House Republican said Tuesday his committee plans to upload 34,000 pages of government documents on the investigation into sex…
Business
US: Stocks retreat as trade uncertainty drags on
Wall Street stocks retreated on Tuesday after a US court ruling threw fresh uncertainty over President Donald Trump’s trade policy. Trump…
Business
US pulls TSMC’s waiver for China shipments of chip supplies
The US has revoked Taiwan Semiconductor Manufacturing Co’s (TSMC) authorisation to freely ship essential gear to its main Chinese…
News
Squad's Ilhan Omar sees her wealth soar while serving her fourth House term
Rep. Ilhan Omar scoffed at claims that she's gotten rich while serving in the House, but a new financial disclosure report shows the…
News
Freedom Caucus faithful rally as leaders leave Congress to seek higher office
The wave of House Freedom Caucus members leaving Congress is only the natural progression of a movement that is spreading far and wide,…
News
Tariffs, migration and cartels will top Rubio's talks in Mexico and Ecuador this week
Security, sovereignty, tariffs, trade, drugs and migration - all hot-button issues for the Trump administration and its neighbors in the…
Culture
Sabrina Carpenter’s Comedy of Errors
Earlier this summer, the pop star Sabrina Carpenter released “Manchild,” the first single from her seventh album, “Man’s Best Friend.”…
Business
Google won't be forced to sell its Chrome browser, judge rules
A federal judge ruled Tuesday against the U.S. government’s proposal that Google should sell its Chrome web browser to restore competition…
Business
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Artificial intelligence already is replacing certain jobs at technology companies. Last week, Salesforce Chief Executive Marc Benioff said…
News
Trump says drug vessel out of Venezuela 'shot out'
The U.S. military carried out a strike that "shot out" a ship in international waters carrying drugs from Venezuela, President Trump said…