Business
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
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
Scale AI to cut 14% of staff following Meta investment
Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in…
Business
Thailand seeks ways to curb gold price impact on currency
Thailand’s central bank and the finance ministry are discussing ways to address currency moves that are not aligned with fundamental…
News
Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US…
News
Trump hosts Persian Gulf leaders at White House as new violence raises questions about peace efforts
President Donald Trump hosted a pair of Arab Gulf leaders at the White House on Wednesday as violence between Israel and Syria renewed…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager
ST Engineering is expected to get a one-off gain of around S$80 million from the proposed sale ST Engineering’s wholly owned subsidiary,…
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
Business
Tesla readies a six-seat version of the Model Y for China
Tesla is preparing to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing…
News
New details in Air India crash probe shift focus to plane’s captain: WSJ
A COCKPIT recording of dialogue between the two pilots of the Air India flight that crashed last month indicates the captain cut the flow…
Business
Haagen-Dazs maker prices debt for 4.4 billion euros payout to owners
Froneri International, the maker of Haagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest…
Business
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked…
News
Trump says Coca-Cola to switch to cane sugar in US
Beverage giant Coca-Cola has agreed to use real cane sugar in its US production, President Donald Trump announced on Wednesday on social…
Business
Oil settles down; build in US fuel inventories offsets signs demand growing
Oil prices settled marginally lower on Wednesday as US fuel inventory builds and concerns about wider economic impact from US tariffs…
News
Schiff mortgage fraud probe could end in stiff fines, penalties for senator
The type of mortgage fraud case in which Sen. Adam Schiff is now entangled is usually clear-cut and hard to wiggle out of, said financial…
Business
Europe: Chip stocks drag shares lower after ASML’s warning
EUROPEAN shares fell on Wednesday, with chip stocks hit hard after ASML flagged a hit to its revenue growth, while reports of US President…
Business
US: Stocks end higher, shrugging off Powell firing fears
Wall Street stocks finished higher on Wednesday, shrugging off a mid-session swoon after US President Donald Trump denied plans to fire…
News
Senate GOP finds bright spot in pared-back DOGE cuts: 'Spending is easy up here. Cutting is hard'
Senate Republicans were on track late Wednesday to pass a slimmed-down $9 billion package of spending cuts to foreign aid and public…
News
Trump says U.S. Coke will go back to cane sugar
President Trump said Wednesday that Coca-Cola has agreed to use real cane sugar in its U.S. beverages, which currently are made with high…
News
Flood of lawsuits threatens supply of baby formula for premature babies
More than a thousand lawsuits stemming from sickness following the use of specialized formula for premature babies could lead to…
News
Trump cracks down on fentanyl substances with bill signing
President Trump signed a bill Wednesday that permanently places illicit fentanyl and its chemical cousins on the most restrictive list of…
Business
Rachel Kushner’s Advice to Writers
The novelist Rachel Kushner recently taught a class at Stanford that concerned, as the course catalogue advertised it, “the sacred art of…
News
Vance touts tax breaks in Pennsylvania as he makes White House's first big pitch on Trump's new law
Vice President J.D. Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Trump's sweeping…
News
Three police chiefs charged with selling fake crime reports to help 'hundreds' of illegal immigrants
Federal authorities arrested three Louisiana police chiefs accused of taking part in a scam to help hundreds of illegal immigrants gain…
News
Bahrain to invest $17 billion in U.S. following meeting at White House
President Trump and Crown Prince Salman bin Hamad Al Khalifa of Bahrain announced Wednesday $17 billion worth of investments in the U.S.…