Business
Consortium proposes HK$55.2 billion privatisation of Hong Kong-listed ESR
A CONSORTIUM of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners has made an offer to take Hong Kong-listed…
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
Volkswagen CEO clashes with workers as conflict over closures, pay deepens
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while…
Business
How Much Do Artists Make on Spotify?
Spotify has transformed how artists share their music and earn money. But many wonder, how much do artists make on Spotify? This article…
Business
NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion…
Business
ESR buyout group said close to making US$7 billion binding bid
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate…
Business
ESR buyout group close to making US$7 billion binding bid: sources
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm,…
Business
12 Rules About Keeping Accidental Transfers
Accidental transfers of money can happen to anyone. You might get money sent to you by mistake, and then you might wonder what to do next.…
Business
Singapore investors think AI investments boost companies’ productivity, profitability: PwC survey
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead…
Business
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and…
Fashion
Vietnam pushes electric motorbikes as pollution becomes ‘unbearable’
IN VIETNAM’S heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
Business
Mitsubishi Corp loses US$90 million in suspected China metal fraud
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper…
Business
Mitsubishi Corp lost US$90 million in suspected China metal fraud, say sources
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper…
Culture
Netflix Japan subscribers top 10 million with shows garnering attention
NETFLIX’S subscribers passed 10 million in Japan in the first half of this year with the streaming firm’s Japanese-language programming…
Business
Rakuten starts marketing its third dollar bond offering of 2024
RAKUTEN Group started marketing its third US dollar bond of the year, seeking to take advantage of strong investor appetite for junk rated…
Business
Larry Fink is making a new generation of billionaires richer than him
AS LARRY Fink drives BlackRock deeper into private markets, he keeps adding new billionaires to the asset-management giant’s roster – and…
Business
South Korea shares fall at the close as political tensions continue; Asia markets mixed
SOUTH Korean shares continued to fall by the close on Wednesday (Dec 4),after the country’s President Yoon Suk Yeol declared martial law…
News
McDonald’s E coli outbreak tied to fresh onions is over
AN E COLI outbreak that ensnared McDonald’s is over, the US Centers for Disease Control and Prevention (CDC) said on Tuesday (Dec 3).…
Fashion
I got a butt massage by an AI robot in L.A. Here’s how it went
My first meeting with Aescape, the AI-powered massage robot, was benign enough — if a bit eerie. As if HAL had gotten a job in the Valley.…
Fashion
Meta seeks nuclear power developers for reactors to start in early 2030s
META said on Tuesday (Dec 3) it is seeking proposals from nuclear power developers to help meet its artificial intelligence and…
Business
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue…
Business
US: Wall St opens slightly lower ahead of data, Fed commentary
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with…
News
Danish brewer Carlsberg sells Russian business
Danish brewer Carlsberg announced on Tuesday (Dec 3) an agreement to sell its shares in its Russian unit, a day after President Vladimir…
Business
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol…