Business
Singapore shares rise at Thursday’s open; STI up 0.4%
SINGAPORE shares started trading in positive territories on Thursday (Feb 6), mirroring global markets. As at 9.01 am, the Straits Times…
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
Singapore shares rise as tariff concerns fade; STI up 0.4%
Across the broader market, gainers beat losers 352 to 186, after 1.3 billion securities worth S$1.1 billion change hands BUOYED by fading…
Business
Amazon’s cloud business faces crucial test after rivals Microsoft, Google stumble
THE pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday (Feb 6),…
Business
Stocks to watch: SGX, CLCT, CapitaLand China Trust, Frasers Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 6): Singapore Exchange: The…
News
TikTok’s Chinese owner appears to be slow-rolling negotiations for sale: report
China is likely to take a hard-line approach, letting TikTok’s US operations die rather than approving a sale SHORT video app TikTok’s…
Fashion
Shein vendors fear thin margins will vanish under new US Postal Service rules
THE US Postal Service’s flip-flop on inbound international packages from China and Hong Kong is throwing Chinese retailers that sell on…
News
“The Fishing Place” Puts History Into the Present Tense
The best filmmakers, looking to the past, see the future. The Holocaust and the Nazi menace to Europe have been filmmakers’ mainstays for…
Business
Forever 21 considers bankruptcy filing if asset-sale plans fail
FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to…
Lifestyle
Fuchsia Dunlop’s Taste for Adventure
In the nineteen-nineties, Fuchsia Dunlop—now a celebrated food writer and expert in Chinese cooking—enrolled at the Sichuan Institute of…
Business
Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous…
News
Donald Trump Faces First Impeachment Threat Over Gaza "Ownership" Plan
Former U.S. President Donald Trump is facing an impeachment threat for the first time since taking office last month. Democratic…
Culture
Newcastle vs Arsenal Live Streaming: How to Watch the Carabao Cup Semifinal in the US, UK and India
Newcastle United are set to welcome Arsenal to St. James' Park for the second leg of their EFL Cup semi-final, with the Magpies holding a…
Business
Vanguard’s record fee cuts tighten screws on BlackRock, Invesco
VANGUARD Group’s biggest salvo yet in its campaign to cut fees for the investing masses presents industry rivals with a painful choice.…
Business
Google shares plummet after earnings disappoint
Just a few minutes after trading opened in New York, shares in Google-parent Alphabet were down 7.16% Shares in Google dropped by more…
Business
US: Nasdaq, S&P 500 open lower as Alphabet, AMD forecasts disappoint
THE tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday (Feb 5), following downbeat forecasts from…
Business
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.…
Fashion
Frasers Hospitality Trust sees improved RevPAR in Q1 on sustained travel demand
FRASERS Hospitality Trust (FHT) recorded an increase in revenue per available room (RevPAR) across its portfolio in the first quarter…
Culture
Abel Tesfaye Says Goodbye to the Weeknd
Abel Tesfaye, the Canadian singer who performs as the Weeknd, is perhaps his generation’s most committed self-mythologist. Early in his…
Business
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover…
News
China mulling probe into Apple’s app store fees, practices, Bloomberg News reports
CHINA’S antitrust regulator is preparing for a possible investigation into Apple’s policies and app store fees, Bloomberg News reported on…
Business
GSK plans £2 billion share buyback, boosts long-term outlook
The buyback comes after GSK saw earnings per share, excluding some items, at 23.2 pence in the fourth quarter GSK plans to buy back £2…
Business
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the…
Business
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…