Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
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
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
News
Trump and Philippine leader plan to talk tariffs and China at the White House
President Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking…
Business
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Business
Temasek unit Azalea is back with another PE-based bond offering – Astrea 9
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity…
Business
Microsoft rushes to stop hackers from wreaking global havoc
Hackers exploited a security flaw in common Microsoft software to breach governments, businesses and other organisations across the globe…
News
Yes, West Virginia, You Can Protect Women from Chemical Abortion
A recent court ruling affirms that states are free to protect their citizens by regulating chemical abortion drugs more strictly than the…
Culture
Louisa May Alcott’s Utopian Feminist Workplace Novel
In January, 1861, Louisa May Alcott began writing a novel that she planned to call “Success.” Alcott was twenty-eight and living at…
Business
STI ends Tuesday flat as regional indices close mixed
The Straits Times Index (STI) closed flat on Tuesday (Jul 22), as regional indices showed mixed performances. The STI closed up 0.03 per…
Business
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason…
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Wing Tai Properties unveils Hong Kong CBD mixed-use development joint venture with CSI Properties
Real estate developer Wing Tai Properties announced a joint venture (JV) with CSI Properties – a mixed-use development in the Hong Kong…
News
Luciano Frattolin: Dad Who Killed His Daughter Was Struggling to Pay Child Support as He Tells Court He's Broke and Can't Hire a Lawyer
The Canadian father charged with murdering his nine-year-old daughter was reportedly drowning in debt, was struggling to keep up with…
Business
Link Reit CEO George Hongchoy retires after 16 years at company
The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026. Hongchoy has held the CEO…
Business
One of Singapore’s longest-running hedge funds is shutting down on US investor pullback
One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
Fashion
Temasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
These will be issued under its US$25 billion guaranteed global medium-term note programme Temasek announced on Tuesday (Jul 22) a proposed…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Fashion
Rupiah to consolidate before further gains, Citi strategist says
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to…
Business
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Business
AstraZeneca vows to spend US$50 billion on US manufacturing, development
[MUNICH/WASHINGTON] AstraZeneca plans to invest US$50 billion in the US before 2030, becoming the latest European pharma company to…
News
Comey's FBI didn't probe Clinton's mishandling of classified information, Justice Department IG said
Senate Judiciary Chairman Charles E. Grassley released documents Monday concluding that the FBI under Director James B. Comey failed to…
News
Federal judges, Trump administration accuse the other of overreach on short-term deportation amnesty
Federal judges in Maryland complained Monday that the Trump administration's lawsuit against their short-term deportation amnesty policy…