Business
US: Wall Street opens lower as Trump tariffs loom
US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of…
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
Intel will spin off non-core units, says CEO Tan Lip-Bu
Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new…
News
US dollar struggles for direction before Trump’s reciprocal tariffs, awaits data
THE greenback was roughly unchanged on Tuesday (Apr 1) as investors braced for reciprocal tariffs that US President Donald Trump is due to…
Culture
Are We Taking A.I. Seriously Enough?
My in-laws own a little two-bedroom beach bungalow. It’s part of a condo development that hasn’t changed much in fifty years. The units…
Business
Straits Times Index closes slightly lower after cutting intra-day losses
The Singapore blue-chip gauge Straits Times Index (STI) slid almost 0.8 per cent during intra-trading but managed to erase the losses and…
Business
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year…
Fashion
Boeing slows output of 737 Max jets to 31 a month due to wing systems issues
The US planemaker is working to grow production of its 737 MAX jet to at least 38 a month this year Boeing slowed production of 737 MAX…
Business
Hooters files for bankruptcy as brand eyes turnaround plan
It listed assets of US$50 million to US$100 million and liabilities in the same range in its petition Hooters of America has filed for…
Business
Singapore's GLP closes first digital infrastructure fund at US$358 million in AUM
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with…
Business
UOB cuts interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
News
Asia: Markets edge back but Trump tariff fears dampen mood
Asian markets mostly rose on Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish…
Business
Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
Real estate group Ho Bee Land on Tuesday (Apr 1) said it has decided not to proceed with its offer for Australian property developer…
Culture
Georgia LLC Launch: Your Step-by-Step Guide
Starting a business in Georgia can be an exciting venture, but it also comes with challenges. This guide will walk you through each step…
Business
Buffett’s Berkshire Hathaway mandates banks for yen bond deal
WARREN Buffett’s Berkshire Hathaway is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec City – the…
Business
Cordlife served two letters of demand from customers; any settlement likely to hit group’s finances
One group of clients seeking damages under contract breach, negligence; the other wants warranties and cost compensation Cordlife received…
Business
OpenAI finalizes a record $40-billion funding round
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from…
Business
Stocks to watch: Keppel, CapitaLand Ascendas Reit, YZJ Financial, KIT, Boustead, Cordlife
The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 1). Keppel: The global asset…
Business
Musk’s XAI deal offers unexpected win for X investors
Elon Musk just acquired the social network formerly known as Twitter for the second time in three years. Musk, the world’s richest person,…
Business
OpenAI to raise US$40 billion in SoftBank-led new funding
OPENAI said on Monday it would raise US$40 billion in a new funding round led by SoftBank Group at a US$300 billion valuation to advance…
Business
OpenAI finalises US$40 billion funding at US$300 billion value
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalised a funding round that will bring in US$40 billion from…
News
Fighting Elon Musk, One Tesla Dealership at a Time
On Saturday, as Elon Musk was making headlines for his continued efforts at DOGE and dodging a lawsuit for offering money to Wisconsin…
News
Oil prices climb 2% to five-week high on Russia, Iran supply worries
OIL prices climbed about 2 per cent to a five-week high on Monday on worries supplies could decline if US President Donald Trump follows…