Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
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
Japan's Nikkei snaps losing streak as tariff jitters ease
Japan’s Nikkei share average snapped a three-day losing streak on Tuesday (Mar 25), as indications that impending US tariffs may be more…
Business
AstraZeneca seeks to move past China probe with Beijing R&D hub
Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant…
Business
Norinchukin becomes latest big Japan bank to quit climate group
Norinchukin Bank left the banking industry’s largest climate alliance, walking away from a group that’s already been abandoned by US and…
Business
Malaysia’s Macrovalue is buying Cold Storage and Giant: Who are its owners and what’s the game plan?
Supermarket and retail operator DFI Retail, which owns Cold Storage and Giant in Singapore, said on Mar 24 that it will sell its food…
Business
Cold Storage, Giant customers can expect cheaper products, more variety after takeover, buyer says
Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale…
Business
Hyundai Steel unveils US factory plan, shares skid
Hyundai Steel will invest US$5.8 billion along with Hyundai Motor Group to build a plant in Louisiana in the United States with an annual…
Business
Asia: Most markets track Wall Street on tariff hope
Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders…
Business
StanChart boosts private credit presence with new hires in India
The bank has also appointed Ankit Dokania as director for the same team, and S Siddharth as executive director for private and traded…
Business
Trump Media taps Singapore’s Crypto.com for Made-in-America ETFs
The products will be available this year in the US, Europe and Asia, pending regulatory approval Trump Media & Technology Group plans to…
Business
Ex-Goldman analyst’s hedge fund reaps 300% on small Japan banks
Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinising Japan’s biggest banks as an equity analyst. Now he’s making…
Business
China’s steel market is still in thrall to bleak property data
Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the…
Business
23andMe’s bankruptcy puts 15 million users’ DNA info on auction block
Millions of Americans who sent their saliva to 23andMe in the hopes of finding lost relatives or identifying health risks buried in their…
News
Boeing seeks to withdraw guilty plea deal in deadly crashes of 737 MAX jets: WSJ
Boeing is seeking to withdraw an agreement to plead guilty in a criminal case that blamed the company for deceiving regulators before two…
Business
Private equity poised for more deal activity in Asia: Bain
Carve-out deals represent a top investment opportunity, particularly in Japan and Korea, as conglomerates streamline operations and sell…
Business
HSBC weighs outsourcing some trading operations to lift returns
HSBC Holdings is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology…
Culture
Sunday in the Amusement Park with Elon
© 2025 Condé Nast. All rights reserved. The New Yorker may earn a portion of sales from products that are purchased through our site as…
Business
23andMe shares tumble after bankruptcy filing and California attorney general's privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had…
Business
South Korea’s Hyundai to announce US$20 billion US investment, new steel plant
[WASHINGTON/SEOUL] South Korea’s Hyundai Motor Group is set to announce a US$20 billion investment in the US at the White House on Monday…
Business
US: Wall St opens higher on Trump's softened tariff stance
US stock indexes opened higher on Monday (Mar 24), helped by signs the Trump administration is taking a measured approach on tariffs…
Business
Prudential launches dedicated space for high-net-worth customers to capture wealth management demand
As life insurers increasingly focus on high-net-worth (HNW) clients and expand their wealth management services, Prudential has introduced…
Business
BYD surpasses US$100 billion in annual sales, beating estimates
BYD’s sales last year surpassed the US$100 billion mark, leapfrogging Elon Musk’s Tesla on revenue, as the Chinese auto giant wows…
Business
ESR Reit completes sale of two logistic warehouses for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of two logistics properties in Singapore for S$6.8…
Business
GuocoLand names new managing director for China business
Kevin Zhou will oversee the group’s operations there, including its portfolio of developments and investment assets Property developer…