Business
Frasers Logistics & Commercial Trust’s portfolio occupancy falls to 92.5%
Frasers Logistics and Commercial Trust (FLCT) on Thursday (Jul 31) reported a lower portfolio occupancy of 92.5 per cent as at Jun 30,…
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
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…
Business
Jardine Matheson reports 45% growth in H1 underlying profit to US$798 million
Jardine Matheson Holdings (JMH) reported a 45 per cent growth in underlying profit for the first half of the 2025 financial year to US$798…
Business
Moderna to cut 10% of staff to offset slowing Covid business
[CAMBRIDGE, MASSACHUSETTS] Moderna is cutting about 10 per cent of its workforce, part of an effort by the struggling biotech company to…
Business
StanChart CEO says ‘shame on’ big banks quitting net zero group
The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their…
News
Trump’s tariff on India to do little to upset iPhone manufacturing plans
US President Donald Trump’s 25 per cent tariffs on Indian goods will do little to slow the role of the country as a key hub for…
News
No Hope for a NASA Revival
It’s not just red tape holding back government-funded exploration and innovation. It’s a new cultural pessimism about the future. Source…
News
The Hidden Costs of Trump’s Tariffs
Imposing tariffs diverts resources to lobbying efforts that could have been used for productive purposes. Source link
Lifestyle
The Smithsonian Should Sue but Won’t, the Bayeux Tapestry Shouldn’t Travel but Will
Also, the Ford Foundation should return to Detroit but won’t — all defying your art critic’s good sense. Source link
News
We’re Suing to Stop Unions from Stealing from Home Caregivers
Those caring for an ailing loved one shouldn’t be forced to unionize so that they have to give up Medicaid dollars to greedy organizations…
Business
Singapore shares dragged by Singtel, Seatrium declines; STI down 1.1%
Local stocks declined for the fifth straight session on Thursday (Jul 31), amid heavy selling in index heavyweights Singtel and Seatrium.…
Business
Microsoft poised for US$4 trillion valuation after solid results
Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report…
Culture
Justin Trudeau Spotted at Katy Perry's Montreal Concert, Fueling Dating Rumors
Justin Trudeau's appearance at Katy Perry's Montreal concert has set the internet abuzz, with fans sharing viral photos and videos of the…
Business
South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
News
Angela Lin: Google Engineer Tragically Dies in Freak Accident While Hiking with Boyfriend at Yosemite National Park
A 29-year-old software engineer from Google was killed her life in a freak accident at Yosemite National Park earlier this month when a…
Business
China’s cyberspace regulator questions Nvidia over AI chip privacy risks
China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI)…
Business
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
SocGen lifts targets after French retail rebounds sharply
Societe Generale (SocGen), France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound…
Business
Bank of Japan offers cautiously upbeat view, keeps rates steady
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s…
Business
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…