Fashion
Want to play games under the stars? The Music Center is turning into an outdoor arcade
The game started as an experiment. A way to look at emergent behavior — the coordinated and mesmerizing flight of a flock of birds, for…
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.
News
“Goodbye, Morganza” Follows the Legacy of a Black Family’s Property Loss
“It was a piece of heaven,” Agnes Marshall Blackwell says about the house she grew up in, situated in Morganza, Maryland. She recalls a…
Business
Sembcorp signs framework agreement for potential hydrogen pipeline at COP29
The agreement is not expected to have a material impact on the company’s FY2024 results SEMBCORP Industries has inked a joint development…
Business
Civmec wins shiploader project; order book remains above A$800 million
Company cautions that delays to the timing of key project awards in FY2025 is expected to result in lower levels of activity in Q3 and…
Business
StarHub’s Q3 earnings rise 11.1% to S$40.4 million
STARHUB posted a net profit of S$40.4 million for its third quarter, up 11.1 per cent from S$36.4 million in the year-ago period. Despite…
Business
Tencent’s revenue climbs 8% after blockbuster games summer
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist…
Business
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net…
Business
China says TSMC chip curbs undermine interests of Taiwan companies
CHINA’S Taiwan Affairs Office said on Wednesday (Nov 13) that a US order to Taiwan Semiconductor Manufacturing Company (TSMC) to halt…
Business
Even handicraft marketplace Etsy needs AI to compete, says CEO
THE web platform Etsy is famous for selling cutesy handmade arts and crafts, but even a company that relies on a cottage industry of…
Business
Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine…
Business
Global EV sales up 35% in October, Europe ekes out a gain
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 35 per cent in October from the same month last year, with growth across…
Business
Yoma’s H1 net loss deepens to US$11 million on forex headwinds
YOMA Strategic posted a net loss of US$11 million for the first half ended September 2024, widening from its US$2.5 million loss in the…
Business
Bumitama Agri’s Q3 net profit falls 31.6% to 597.9 billion rupiah
BUMITAMA Agri reported a net profit of 597.9 billion rupiah (S$51 million) for the third quarter ended Sep 30, down 31.6 per cent the year…
Business
Temasek Trust invests US$50 million in HSBC-held Tekoma Energy
TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. ABC Impact, a unit of the…
Business
Singapore shares retreat at Wednesday’s open; STI down 0.7%
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits…
Business
Boeing, Airbus throw supplier lifeline ahead of takeover
BOEING and Airbus will provide more than US$450 million in financial assistance to help keep key supplier Spirit AeroSystems Holdings…
Business
Singtel’s H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion. This was in…
Business
Singtel’s interim dividend up 35%, H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure…
Business
US asks to seize crypto tied to Sam Bankman-Fried bribery charge
THE US is not through trying to seize cryptocurrency tied to Sam Bankman-Fried a year after he was convicted of masterminding a massive…
Business
US companies storm debt markets after risk premiums plunge
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable…
Business
Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype…
Business
Man Group plans job cuts as it reviews budget, talent needs
MAN Group is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing needs. Chief…
Business
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourable THE managers of CapitaLand Ascott Trust (Clas)…
Fashion
Canada moves to end disputes at ports of Vancouver and Montreal
CANADIAN Labour Minister Steven MacKinnon said on Tuesday (Nov 12) he had directed the country’s labour relations board to order an end to…