Culture
“Prince Faggot” Sends Up Kink and Country
On a blue-lit stage, a naked man—blindfolded, trussed, and gagged—hangs like a deer from a pole. Pale and gleaming, he looks like a…
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
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Business
Asian markets in full swing as investors shake off trade jitters
Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid…
Business
Singapore’s millionaire inflow to halve in 2025: report
Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Japan hits M&A record of US$232 billion, driving Asia deals rebound
[TOKYO/HONG KONG] Japan is driving Asia’s mergers and acquisitions (M&A) rebound in 2025 with a record US$232 billion worth of deals in…
News
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve…
Business
China opens first offshore gold vault and contracts in Hong Kong
The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a…
Business
Mars US$36 billion Kellanova deal waved ahead by US regulator
Mars’ US$36 billion takeover of snack maker Kellanova was given the green light by the US Federal Trade Commission (FTC) on the same day…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
News
SGS bond demand to stay high as safe havens sought amid tariff risks, Middle East tensions: RHB
Demand for Singapore Government Securities (SGS) bonds is set to stay high amid investor caution, as traders flock to safe havens on…
Business
Bumble to lay off 30% of global workforce as dating apps struggle
Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to…
Business
Foxconn nears deal to supply electric buses to Mitsubishi Fuso: report
The Japanese commercial automaker and Taiwanese chipmaker are looking to create a new company to oversee the buses, according to the…
Business
Circle K owner misses estimates on lower fuel prices, demand
Circle K owner Alimentation Couche-Tard slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel…
Business
Shell says it has no intention of making an offer for BP
Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were…
Business
China’s Xiaomi to launch first SUV as shares near record high
The unveiling of Xiaomi’s first electric SUV on Thursday (Jun 26) will showcase how the Chinese tech company has become an investor…
Business
Xiaomi launches YU7, undercutting Tesla’s Model Y on price
Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per…
News
Senate hearing with Trump budget chief highlights potential changes to $9.4 billion cuts package
Senate Republicans on Wednesday forced the White House budget chief to defend parts of a $9.4 billion package of Trump-requested spending…
Business
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more…
Business
SingPost halves sacked CEO Vincent Phang's pay to S$616,400
Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint,…
Business
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
RER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public…
Business
Tech lobby group urges EU leaders to pause AI Act
Tech lobbying group CCIA Europe, whose members include Alphabet, Meta and Apple, on Thursday urged European Union to pause implementation…
Business
Oil rebounds on signs of strong US demand
Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand,…
Business
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of…