Business
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
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
Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project
Foxconn’s said on Monday (Aug 18) it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former…
Business
More customer interest in floating-rate home loans amid Sora decline in Q2
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore…
Business
JP Morgan Asset Management registers 8 more active ETFs in Singapore for local investors
JP Morgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in…
Business
Google agrees A$55 million fine for anti-competitive deals with Australian telcos
Google agreed on Monday to pay a A$55 million (S$46 million) fine in Australia after the consumer watchdog found it had hurt competition…
Business
Klook taps banks for US IPO: sources
Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering (IPO) in the US,…
Business
Reit managers should stop charging fees for property transactions.
Want to raise money easily? Be a listed real estate investment trust (Reit) with a large asset portfolio, ample trading liquidity, good…
News
Asia: Stocks up, oil down before Trump-Zelensky talks
N stocks were mostly higher on Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and…
Business
Qantas fined A$90 million over illegally sacking 1,800 workers during pandemic
Qantas Airways, Australia’s largest airline, has been fined A$90 million (S$75.2 million) for illegally sacking 1,800 ground staff and…
Business
Malaysia ringgit’s rally not over yet as analysts eye rate cuts
Analysts are now focusing on the potential benefits of lower domestic rates, with currency sentiment further buoyed by government…
Business
CapitaLand Ascendas Reit proposes S$329 million divestment of five Singapore properties
The manager of CapitaLand Ascendas Reit (Clar) announced on Monday (Aug 18) the proposed divestments of five Singapore properties. These…
Business
Japan’s Nikkei ends at record high as automakers rise on weaker yen
Japan’s Nikkei share average extended its gains from last week to end at a record high on Monday (Aug 18), as a weaker yen pushed…
Business
China’s Great Wall opens Brazil car plant, seeks site for second
Chinese automaker Great Wall Motor (GWM) may have just opened its first factory in Brazil, but is already scoping out sites for a second…
Business
A 200% stock surge makes Leapmotor China’s next EV rising star
Zhejiang Leapmotor Technology, once a fringe player in China’s electric-vehicle (EV) industry, is beating all its startup rivals by sales…
News
Gavin Newsom Rolls the Dice
California’s governor hopes that his new gerrymander will help his 2028 presidential prospects. Source link
Business
OpenAI staffers to sell US$6 billion in stock to SoftBank, other investors
Current and former OpenAI employees plan to sell approximately US$6 billion worth of shares to an investor group that includes Thrive…
News
Oil slips as Russia supply concerns ease after Trump-Putin meet
Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by…
Business
Simba-M1 deal: Better to be a consumer than an investor in the local telecoms space for now
When I began working in Singapore back in 2000, choosing a mobile phone service provider was not hard. Many people told me Singtel had the…
Business
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth…
News
Florida senator invites anti-Mamdani New Yorkers to come to Sunshine State
Sen. Rick Scott is inviting New Yorkers who cannot stomach the idea of Zohran Mamdani becoming the city's next mayor to relocate from the…
Business
A factory town in crisis shows Japan’s fading manufacturing era
Nissan Motor’s Oppama factory, opened in 1961, was once a crown jewel in Japan’s postwar rise to manufacturing powerhouse. Today, it…
News
Trump can't take over D.C. police but federal troops ramping up show of force in the city
Washington remains in political turmoil a week after President Trump declared a safety-inspired "takeover" of the city's streets, with a…
News
Trump to meet Zelenskyy with sweetener for peace deal but land swaps still a major sticking point
President Trump will try to advance peace talks with Ukrainian President Volodymyr Zelenskyy at the White House on Monday, offering him…
Fashion
How Did Terence Stamp Die? 'Superman' and 'Far from the 'Madding Crowd' Star Dies Aged 87 as Tributes Pour In
British actor Terence Stamp, best known for his role as the villain General Zod in "Superman" and "Superman II," has died today aged 87.…