News
China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid…
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
BOJ weighs case for first triple hike since Japan’s bubble burst
BANK of Japan (BOJ) governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that…
Business
STI up 0.9% as regional stocks rise amid further stimulus expectations in China
SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to…
Business
Marco Polo Marine H2 net profit dips 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted lower net profit of S$10.7 million for its second half of the financial year ended Sep 30, 2024, down 41.5 per…
News
DBS hires private bankers for rich Russians as rivals baulk
DBS has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the…
Business
Stocks to watch: Yangzijiang Shipbuilding, CapitaLand Investment, Dasin Retail Trust, Sembcorp Industries
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 3): Yangzijiang Shipbuilding: The…
Fashion
Sembcorp unit inks second power purchase agreement with Equinix
It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolio SEMBCORP Industries’ wholly…
Business
Nissan is awash in outdated models as car buyers look elsewhere
WAITING times for Nissan Motor cars in Japan have shrunk far below those of other local brands, the latest sign of weak customer demand…
Business
Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona,…
Business
Amazon debuts tools to make data centres less power hungry
AMAZON.COM’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the…
Business
Nike to shut down virtual sneaker label RTFKT under new CEO
NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new…
Fashion
Brewing Love Episode 9 Recap, Review, and Reactions
Brewing Love episode 9, starring Kim Se Jeong, Lee Jong Won, Shin Do Hyun, and Baek Sung Chul, aired on ENA on Monday (December 2) at 10…
Fashion
Chester FC Fan Who Was Caught on Camera Making Racist Gestures to Black Player Found Dead as Club Sends Condolences
A man accused of making racist monkey gestures toward a Black footballer during a local derby match was found dead just hours later. The…
Business
Castle Water to offer £4 billion equity to rescue Thames Water
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from…
Business
US: Wall St opens slightly higher as caution prevails in data-packed week
Wall Street’s main indexes opened flat-to-higher on Monday (Dec 2), with focus on a slew of economic data this week, while Intel shares…
Business
St James's Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to…
Culture
Who Owns Wingstop? How It Started
When you think of wings what do you think of? Buffalo Wild Wings? How about Wingstop? Wingstop has been around for many years, but not…
Business
New US solar tariffs on South-east Asia to raise prices, cut profit margins
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer…
Culture
The Best Albums of 2024
There is perhaps no moment in history when being a music critic felt like a respectable, lucrative, or essential position, though there…
Culture
The Meditative Organ Soundscapes of Kali Malone
“All Life Long,” the title of the most recent album by the composer and organist Kali Malone, is taken from a poem by the British…
News
John Cuneo’s “Garden Party”
One of the best ways to feel a sense of belonging, or to forge a connection to a city, is to cheer the triumphs and weather the defeats of…
Business
Yangzijiang Shipbuilding bags US$2.6 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said…
Business
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity…
Business
Sembcorp stays on transformation course, but big bet on renewable energy comes with risks
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels…