News
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost…
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
Japan’s Honda to scale back on electric vehicles, concentrate on hybrids
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030 Honda Motor said on Tuesday (May 20) that it was…
Business
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also…
Business
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend…
Business
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Nippon Steel has…
Business
Can Sam Altman Be Trusted with the Future?
In 2017, soon after Google researchers invented a new kind of neural network called a transformer, a young OpenAI engineer named Alec…
Business
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the…
Fashion
SAG-AFTRA files unfair labor charge against use of Darth Vader's voice in 'Fortnite'
James Earl Jones’ voice of Darth Vader is one of the most recognizable sounds in movie history — and now it’s at the center of a fight…
News
The Biden Diagnosis
We wish the former president well, but there is nothing untoward or scurrilous about the citizenry asking who knew what — and when. Source…
News
Who Is the President Here?
On Russia and beyond, the VP seems to be signaling policy preferences that do not comport with those of the administration he serves.…
News
The World Health Organization Is Excluding Taiwan — at China’s Behest
It is time for the WHO to take a more pragmatic and inclusive approach — one that puts public health above politics. Source link
Business
US: Wall St opens lower after Moody's rating cut; yields rise
Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign rating,…
Business
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the…
Business
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of…
News
Mixing the Political and the Personal: Trump’s Swap Scheme and Crypto Reserve
The conflicts of interest can’t be ignored. Source link
News
Trump’s Tariffs Are About Rent Extraction, Not Rent-Seeking
If Trump did not impose these tariffs to support rent-seeking firms, then why did he do it? Source link
News
The Anti-Natalist Terrorist
An attack on an IVF clinic in the name of a lunatic cause. Source link
News
It’s Time to Rein In Nationwide Injunctions
The Supreme Court can help restrain excessive nationwide injunctions, but only Congress can fix the problem at its roots. Source link
News
Pope Leo XIV: A Love Story
The first pontiff from the U.S. is Catholic. Maybe he’ll make Catholics Catholic, too. Source link
Business
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share…
Culture
Pavement Inspires a Strange, Loving Bio-Pic
I once assumed that Pavement would be forgotten by later generations, just as the knowing, sarcastic wit of the nineteen-nineties came to…
News
R.F.K., Jr., Anthony Fauci, and the Revolt Against Expertise
Robert F. Kennedy, Jr., was nine when his uncle was murdered and fourteen when his father was. Even in his youth, he recalled, he doubted…
News
How Barry Diller Stayed on Top
Throughout, Diller occasionally muses on the excellence of a script—“Raiders of the Lost Ark” was, he says, “perfect from the first…
Culture
Colum McCann’s Limp Novel of Digital Life
Have novels left anything unsaid about the internet of the past fifteen years? It feels as though they’ve exhausted the terrain, but…