Culture
The 2025 Oscar Nominations and What Should Have Made the List
With the announcement of this year’s Oscar nominations, the members of the Academy have, in effect, responded to the natural and political…
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
US: Wall St subdued at open after previous session's jump; earnings in focus
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in…
Business
AI Takes Over Insurance: Should You Be Worried?
Artificial intelligence is making waves across various sectors, and the insurance industry is no exception. As more companies dive into…
Business
Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended…
Business
OUE Reit’s H2 DPU increases 8.7% to S$0.0113
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its…
Business
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31,…
Business
HSBC’s payments app closure puts around 400 jobs at risk: source
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
News
Tariffs will leave everyone worse off, Bundesbank chief warns
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to…
Business
Cathay Pacific to cut profit payout to staff by around 50%
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
Fashion
Sembcorp launches short-term mobile solar farm at PSA’s Keppel Terminal
For three years, the renewable energy generated from the farm will be channelled to the national grid A new 18 megawatt-peak ground-mount…
Business
SoftBank, OpenAI plan US$19 billion each for Stargate: report
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI)…
Business
Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more…
Business
JPMorgan, Goldman CEOs resist calls to roll back DEI programmes
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on…
Business
Ascott bags 16 new signings under Oakwood portfolio to tap growing ‘bleisure’ market
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment, has secured 16 new signings under the Oakwood brand in 2024, up…
Business
KKR combines US$157 billion infrastructure, real estate businesses
KKR is moving its infrastructure and real estate assets under the same leadership as it looks to capitalise on converging opportunities…
Business
DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will…
Business
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward…
Business
US: Wall St opens higher after Netflix results, Trump's AI investment plans
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered…
Business
Frasers Centrepoint Trust posts 99.5% retail portfolio occupancy for Q1
FRASERS Centrepoint Trust (FCT) posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its…
Business
Mapletree Industrial Trust posts 1.5% rise in Q3 DPU to S$0.0341
THE distribution per unit (DPU) for Mapletree Industrial Trust (MIT) rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31,…
Business
China unveils plan to encourage insurance funds into stock markets
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Culture
Is Social Media More Like Cigarettes or Junk Food?
For this week’s Infinite Scroll column, Cal Newport is filling in for Kyle Chayka. In 1881, James Bonsack patented an automated…
Culture
P.O. Box Prices: What You'll Really Pay in 2024
Thinking about getting a P.O. Box in 2024? You’re not alone. With more people shopping online and working remotely, having a secure spot…