News
The Palantir Guide to Saving America’s Soul
In the spring of 2014, a trans-anarchist Google engineer petitioned the White House to arrest our national decline. The plan was snappy:…
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
The Second Trump Administration’s New Forms of Distraction
Kyle Monson, the founder of a creative agency, felt overwhelmed by the news in the aftermath of the 2024 election. So he and his wife…
Business
US: Wall St opens slightly lower as markets assess latest tariff threats
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats…
Business
Asia banks stick with net-zero group that Wall Street abandoned
SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Business
Novo seeks US$830 million from Singapore firm, accusing it of fraud over drug
Novo Nordisk is seeking as much as US$830 million in damages in a Singapore court, saying it was misled by a local biotech about the…
Business
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech…
Business
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).…
Business
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE equities closed higher on Wednesday…
Business
HSBC expects cost-cutting drive to hit less than 8% of global headcount
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs…
Business
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
Business
China, India natural gas imports will impact Apac prices: panellists
ASIA-PACIFIC should keep an eye on natural gas imports by China and India, whose ongoing pipeline projects will heavily affect regional…
News
Porsche, BMW need Germany pivot for way out of crisis
GERMANY’S auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen, Mercedes-Benz Group and…
Business
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million. The deal will include the…
Business
HSBC 2024 profit beats estimates; announces US$2 billion share buyback
HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood the impact of…
Business
Cisco and IBM show old-school tech names can be AI winners too
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are…
Business
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races…
Business
Singapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and…
Business
UOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15 SHARES of UOB rose to a new high on Wednesday (Feb…
News
Safe-haven gold hovers near record high on Trump tariff worries
GOLD held steady near a record high on Wednesday (Feb 19), with investors closely watching US President Donald Trump’s tariff strategies…
News
China revamps power market rules in challenge to renewables boom
CHINA’S unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to…
Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…
Business
Meta says it plans to build the world's longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to…
Fashion
KFC shifts US headquarters from Kentucky to Texas
FRIED chicken restaurant giant KFC will be moving its US headquarters from Louisville, Kentucky, to Plano, Texas, its parent company said…