News
Return to Alcatraz?
The mythology around the prison is part of American lore. That doesn’t mean that we need to devote scarce resources to bringing it back…
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.
News
Trump’s Anti-Abundance Agenda
Dismissing the legitimate economic concerns of American consumers has never been a winning political strategy. Source link
Culture
What Can We Learn from Broken Things?
In my spare time, I’m an obsessed photographer, and through the years I’ve used dozens of cameras. A while ago, a horrible misfortune…
Business
Singapore shares end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
Singtel is the top gainer on the benchmark index while Yangzijiang Shipbuilding, which is trading ex-dividend, falls the most Stocks on…
Business
Lamborghini quarterly revenue up 29.6% as hybrid models boost deliveries
Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion),…
Business
Fashion retailer Hugo Boss reports better-than-expected Q1 revenue
The company posted first-quarter revenue of 999 million euros (S$1.46 billion), slightly below the 1.01 billion euros a year earlier…
Business
DoorDash agrees to buy Deliveroo in US$3.9 billion deal
DoorDash has agreed to buy UK-based food-delivery platform Deliveroo for an equity value of about US$3.9 billion, as the US company pushes…
Business
Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
Keppel DC Real Estate Investment Trust (Reit) has announced director Low Huan Ping as new lead independent director and chairman of…
Business
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Sumitomo Mitsui…
Business
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from the city to…
Business
Asia: Dollar recovers some losses, stocks gain as traders eye tariff deals
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose…
Business
ServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operations…
News
New Zealand PM proposes banning under-16s from social media
New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the…
News
Judge orders Trump to admit roughly 12,000 refugees
A judge on Monday ordered the Trump administration to admit some 12,000 refugees into the United States under a court order partially…
Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
Fashion
Big Four accounting firm PwC to slash about 1,500 jobs in the US
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson said on Monday (May 5). The…
Business
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside…
Business
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the…
News
Justice Department plans to investigate prosecutor's office in Minnesota's most populous county
The U.S. Department of Justice has opened an investigation of the prosecutor's office in Minnesota's most populous county after its leader…
Business
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Hong Kong…
News
Trump administration asks judge to toss suit restricting access to abortion medication
The Trump administration on Monday asked a judge to toss out a lawsuit from three GOP-led states seeking to cut off telehealth access to…
News
Trump shuts off federal funding for gain-of-function virus research in China, Iran
President Trump ended federal funding for gain-of-function virus research in China, Iran and other countries that have "insufficient…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
News
Trump welcomes freed Russian-American ballerina at White House
President Trump greeted Russian-American ballerina Ksenia Karelina at the White House Monday after she was released from a Russian penal…