Business
OpenAI nears record US$40 billion funding round led by SoftBank
OpenAI is close to finalising a US$40 billion funding round led by SoftBank Group – with investors including Magnetar Capital, Coatue…
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
Citigroup hiring dealmakers in Japan with fee pool seen reviving
Citigroup is expanding its investment banking team in Japan as the Wall Street firm bets that the country’s deal fee pool will finally…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
Tesla troubles: Speed bump or early signs of impending crash?
Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive’s close ties to Donald Trump and…
Fashion
Alibaba debuts AI model that can process video, audio on phones
The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade…
Business
Oil settles up 1% on US crude and fuel stock draw, Venezuela supply worries
Oil prices rose on Wednesday, buoyed by government data showing US crude oil and fuel inventories fell last week and by mounting concerns…
Culture
The Cinematic Glories of Manoel de Oliveira’s Endless Youth
The Portuguese director Manoel de Oliveira, who died in 2015, at the age of a hundred and six, is the Benjamin Button of filmmaking,…
Business
US: Stocks slip as auto tariffs approach
US stocks veered off course on Wednesday (Mar 26) after the White House said President Donald Trump would announce fresh tariffs on the…
Business
Jefferies profit drops on pullback in deals, capital markets
Jefferies Financial Group’s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with…
Business
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector…
Business
Rivian spins out startup focused on small, lightweight electric vehicles
Rivian, known for its large electric trucks, is setting its sights on small and lightweight vehicles. The Irvine-based automaker said…
Culture
Women Who Made Amanda Seyfried Feel Less Alone
As an actress, Amanda Seyfried regularly inhabits the lives of others, real and imagined. As a reader, too, Seyfried gravitates toward…
Culture
“Airless Spaces” Captures the Nadir of the Second Wave
At one point in “Airless Spaces,” a largely autobiographical book about madness and institutionalization by the radical feminist Shulamith…
Culture
Deadlifting in Your Nineties, in “Strong Grandma”
At ninety-five years old, Catherine Kuehn became a world-record-holding powerlifter. “It’s been very easy for me,” she explains with a…
Business
US: Wall St opens mixed as investors assess tariff outlook
Wall Street’s main indexes were mixed on Wednesday (Mar 26), with investors exercising caution as they awaited economic data and more…
Fashion
California in settlement talks with Uber, Lyft over wage theft claims
In early 2020, thousands of drivers — led by Southern California advocacy group Rideshare Drivers United — filed claims with the state…
Business
Best, but not necessarily the biggest: Piyush Gupta on DBS’ transformation
Outgoing CEO talks about working across teams, being data-driven and having a purpose When DBS in 2015 set its sights on being recognised…
Business
UMS Integration, Grand Venture Technology get nods for secondary listing in Malaysia
The two semiconductor players want to list across the Causeway, where initial public offerings have been on the rise SINGAPORE-LISTED UMS…
Fashion
Wall Street bonuses jump 32% as total surges to record
One in every 11 jobs in the city is either directly or indirectly associated with the securities industry Wall Street banker bonuses rose…
Fashion
PropNex Realty changes law firm in ‘99-to-1’ suit to avoid conflict of interest
Withers KhattarWong previously represented both the property agency and its agent Ian Sng, but the agency has switched to Rajah & Tann…
News
Resisting Trump 2.0 with Brain-Rot Memes
Earlier this month, Tesla, the Elon Musk-led car company, staged a publicity stunt in front of the White House. A row of electric…
Business
Indonesia accelerates transfer of confiscated palm plantations to state company
The plantations being given to state firm Agrinas are part of an area of around one million hectares the task force has confiscated…
Fashion
Forecast for boxship freight rates draws mixed views from industry watchers
Meanwhile, containership capacity is projected to rise by 6% a year, or 10-15% should the Red Sea become safe for sailing through Would…
News
Latest Singapore six-month T-bill cut-off yield rises to 2.73%
The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) rose to 2.73 per cent, the auction results by the Monetary…