Business
Grab, Sea seen as defensive stocks as they are not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the United States – have not been spared amid a wider market sell-off…
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
US exits carbon talks on shipping, urges others to follow
There were plans for the world’s first carbon levy for shipping on greenhouse gas (GHG) emissions The United States has withdrawn from…
Business
China’s central bank asks state lenders to reduce dollar purchases: sources
China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people…
Business
Japan's Nikkei down 3.9% at close
Tokyo stocks ended almost four per cent lower on Wednesday (Apr 9) and the yen firmed against the dollar after US tariffs against…
Business
Japan's Nikkei down nearly 4% on slowdown fears as US tariffs kick in
Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns…
News
Tariff woes spark S-Reits sell-off on Wednesday
Singapore-listed real estate investment trusts, or S-Reits, slumped on Wednesday (Apr 9) afternoon, with almost all counters in the red.…
Business
Singapore banks face nickel questions
Singapore’s three banks have come under an uncomfortable spotlight for their financing of Indonesia’s Harita Nickel, a mining company…
Fashion
Asia: Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again on Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 per…
Fashion
Hon Hai makes case to build EVs for Japan’s automobile industry
Hon Hai Precision Industry wants Japan’s carmakers to know it’s willing to assemble electric vehicles (EVs) for them, similar to how it…
Business
TSMC could face US$1 billion or more fine from US probe: sources
TAIWAN Semiconductor Manufacturing could face a penalty of US$1 billion or more to settle a US export control investigation over a chip it…
Business
China drives record gold ETF inflows as trade war deepens
Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the…
News
Singapore’s STI stumbles over 2% as Trump’s 104% tariff hit on China kicks in
Singapore stocks slid further on Wednesday (Apr 9) following this week’s rout, with US President Donald Trump’s reciprocal tariffs…
Business
Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
China’s EV boom masks economic pain for major auto hubs
China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign…
News
Injury Cases: When to Lawyer Up (and When to Wait)
Knowing when to hire a lawyer can be tricky when dealing with a personal injury. It’s not always clear if you should jump straight into…
News
After Trump tariffs, Malaysia gloves could be priced out in non-US markets
Glove makers in Malaysia are more likely to weather the tariff-induced storm as the duties imposed on the country’s exports to the United…
Business
Oil settles down US$1 at four-year low as US-China trade war escalates
Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a…
Business
US: S&P 500 ends 1.6% lower as tariff angst kills stocks rally
Wall Street stocks tumbled again on Tuesday as initially successful efforts to rebound from big losses faded amid worries over US…
Culture
What Pauline Kael Failed to See About Young Film Lovers
Pauline Kael’s most famous work for The New Yorker, her celebrated review of “Bonnie and Clyde,” from October, 1967, was the second piece…
News
Karoline Leavitt confirms DOGE 'discovery'
White House press secretary Karoline Leavitt confirmed that the Department of Government Efficiency uncovered something extraordinary but…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…