Business
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing…
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
Grab, GoTo accelerate merger talks and aim for deal in 2025
GRAB Holdings and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in South-east…
Business
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
News
China may loosen grip on yuan as Trump reignites trade war
CURRENCY traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to…
Business
Chinese tea drinks firm Guming aims to raise US$202 million in Hong Kong IPO
CHINESE bubble tea drinks company Guming Holdings is aiming to raise up to US$202 million in a Hong Kong initial public offering (IPO),…
Business
BNP expands Australia presence by hiring banker for leverage finance market
BNP Paribas has hired a senior leveraged finance banker in Sydney as the French bank expands its presence in one of Asia Pacific’s busiest…
Business
Dutch lender ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO
DUTCH lender ING Group is looking for opportunities to buy rival banks in major European countries to boost its size, its chief executive…
Business
NXP gives disappointing sales forecast as chip slump persists
NXP and its peers have been struggling with a stubborn glut of chips that help power electric cars and manufacturing operations NXP…
Business
Stocks to watch: CapitaLand Investment, Suntec Reit, Keppel Infrastructure Trust, Lendlease Global Reit
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 4). CapitaLand Investment (CLI):…
Business
Japan’s biggest lender MUFG posts 32% jump in Q3 profit
Japan’s largest lender Mitsubishi UFJ Financial Group on Tuesday (Feb 4) reported a 32 per cent increase in quarterly net profit. Profit…
Fashion
Shein to face EU consumer law probe under e-commerce crackdown
THE Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe into its…
Business
Clorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that…
Business
CapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani ASSET manager CapitaLand…
Culture
The Real Cost of Starting a Business in 2025
Starting a business in 2025 might sound exciting, but let’s face it, it can be a real wallet-drainer. You’ve got your obvious costs, like…
News
Elon Musk Takes on Role as 'Special Government Employee' for Trump Administration, Working Without Pay
In a surprising move, Elon Musk, the world's richest man and CEO of Tesla, is now serving as a "special government employee" under US…
News
Melania Trump's Photographer Reveals: "She's Not What You Expect" – Inside the First Lady's Surprising Daily Routine
Melania Trump, making her return to the White House as First Lady following her husband Donald Trump's inauguration, is gaining…
Business
Ontario Strikes Back: Bans US Firms from Billion-Dollar Contracts Over Trade Tensions; Dumps Elon Musk's Starlink Deal
Ontario, Canada's most populous province and economic powerhouse, has decided to ban U.S. companies from bidding on government contracts…
Business
Jaume Ros Uses This Cold Email Marketing Strategy
The digital marketing landscape has undergone significant changes, particularly in how businesses leverage artificial intelligence and…
Culture
A Mother and Daughter’s Joint Becoming
In the course of the project, as Barbara grew older, Wywrot’s photographs became more collaborative, and more humorous, with mother and…
News
Ontario cancels Starlink contract in latest Canadian tariffs protest
THE Canadian province of Ontario on Monday (Feb 3) announced it was cancelling a C$100 million (S$93.4 million) contract with Elon Musk’s…
Business
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY…
News
Once a Trump critic, Mark Zuckerberg pivots toward the president
Before Donald Trump kicked off his second term as president, Meta Platforms Chief Executive and founder Mark Zuckerberg took another big…
Culture
The Aesthetic Empire of Alma Mahler-Werfel
The first challenge is deciding what to call her. She is encircled by famous surnames—men jousting over her identity. A lustrous scion of…
Culture
The Poet Shane McCrae Goes Back to Hell
Along Interstate 71, in a flat stretch of Ohio, an otherwise modest billboard proclaims that “hell is real.” The type, set against a black…