Business
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics Amazon said on Wednesday (Jan 28) it was…
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
SK Hynix profit surges on relentless appetite for AI memory
Operating profit doubles to 19.2 trillion won (S$17 billion) in the December quarter Hynix reported its strongest quarterly results to…
Business
Chinese snack retailer Busy Ming surges 69% in Hong Kong debut
The company will use IPO proceeds for supply-chain improvement and product development [SINGAPORE/HONG KONG] Busy Ming Group shares jumped…
Business
OCBC taps Citi to roll out securities lending for clients, following Maybank’s earlier move
This covers retail and corporate customers of OCBC Securities and clients of Bank of Singapore OCBC has rolled out a securities lending…
News
Ringgit rises to 2018 high buoyed by Trump
Central bank says economic fundamentals and government reforms will provide long-term support to ringgit The Malaysian ringgit rose to its…
Business
Tether is shaking up the gold market with massive metal hoard
The company makes money from its dollar stablecoin that is the giant of the sector, with US$186 billion in circulation There are roughly…
Fashion
Singapore Airlines adds flights for March to October season, adjusts schedules for Singapore Airshow
Some flights will be cancelled or rescheduled between Jan 29 and Feb 8 due to the airshow Singapore Airlines (SIA) will increase flight…
Business
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year Hong Kong…
Business
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth. is weighing options to expand…
News
DOJ says it will finish review of Epstein files 'in the near term'
The Justice Department said it has now conducted a page-by-page review of "millions" of pages of documents from its files related to…
Business
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth…
Business
Indonesian equities plunge after MSCI flags ownership, free float concerns
Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices Jakarta…
Business
Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per…
Business
SoftBank in talks to invest up to US$30 billion more in OpenAI, source says
BANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday.…
News
Man tackled after spraying unknown substance on Ilhan Omar at town hall in Minneapolis
A man wearing a black jacket was tackled to the ground after spraying an unknown substance on U.S. Rep. Ilhan Omar at a town hall she was…
Business
Hidden risks build at Vietnam banks on mounting debt guarantees
The country needs to balance economic growth targets with steps to curtail side effects from debt-fuelled expansion Vietnamese lenders are…
Business
BlackRock cuts private credit executives hired pre-HPS deal
BlackRock is cutting about 10 people from its private financing solutions group as it continues to integrate its US$12 billion acquisition…
Business
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28): Singapore Technologies…
Business
ST Engineering books record S$18.7 billion in contract wins for FY2025
Singapore Technologies Engineering’s (ST Engineering) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6…
News
Trump says his administration will let E15 gasoline be sold permanently
President Trump said Tuesday in Iowa that his administration will allow a higher-ethanol gasoline blend known as E15 to be sold…
Fashion
LVMH suffers sluggish sales of high-end fashion and handbags
In uncertain times, consumers see gold necklaces, bracelets and the like as better stores of value than trendy handbags Sales at LVMH’s…
News
The Annual Census Update Shows a Redder America
Declining net migration and a continuing shift to the red states is redrawing America’s political map. Source link
News
Immigration agency officials to testify before House and Senate
Top officials from ICE, Customs and Border Protection and U.S. Citizenship and Immigration Services are set to testify before the House…
News
2 federal officers fired shots during encounter that killed Alex Pretti, DHS tells Congress
Two federal officers fired shots during an encounter that killed ICU nurse Alex Pretti in Minneapolis, a Customs and Border Protection…