Business
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to…
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
Boeing, Airbus to share Taiwan’s China Airlines passenger jet order: sources
TAIWAN’S China Airlines is nearing a decision to split a multi-billion US dollar order for long-distance passenger jets between Airbus and…
News
Latest Singapore 6-month T-bill cut-off yield rises to 3.04% after Trump’s win
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) rose to 3.04 per cent, auction results released by the Monetary…
Business
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6). US stocks soared, the…
Business
Bulgari CEO sees China luxury market recovering in next two years
CHINA’S luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer…
Business
Singapore shares open higher on Thursday; STI up 0.6%
SINGAPORE shares began Thursday (Nov 7) trading in positive territory as markets abroad saw mixed results. As at 9.01 am, the Straits…
Business
Bank of England to cut rates in decision that will be overshadowed by budget, Trump
THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by…
Business
Stocks to watch: DBS, Acrophyte Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 7): DBS: Singapore’s largest…
News
Donald Trump’s West Palm Beach Victory Celebration
Since early in the evening, the sense was that the rally-like crowd, drinking wine from a cash bar and eating spring rolls, was prepared…
Business
Stellantis to lay off 1,100 workers at Ohio Jeep plant
STELLANTIS said on Wednesday (Nov 6) that it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to…
News
Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech
SAN FRANCISCO — On election night, as Republican Donald Trump inched closer to reclaiming the U.S. presidency, some tech executives and…
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Culture
Jean Hanff Korelitz’s All-Time Favorite Sequels
Jean Hanff Korelitz is the author of nine novels, including “The Latecomer” and “You Should Have Known” (upon which “The Undoing,” the HBO…
Business
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in…
Business
BlackRock readies US$1.3 billion private credit continuation fund
BLACKROCK is setting up a private credit loan fund that will allow it to raise as much as US$1.3 billion it can distribute to existing…
Business
From banks to small-caps, Trump win sparks big rally in stocks
Donald Trump’s return as US president for the second time on Wednesday (Nov 6) boosted equity markets on bets of lower corporate tax,…
News
US dollar set for biggest one-day jump since 2020, Bitcoin hits record as Trump secures White House
THE US dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday (Nov 6) and Bitcoin jumped to an…
News
Barry Blitt’s “Back with a Vengeance”
On the morning of Wednesday, November 6th, Donald J. Trump was elected, for the second time, as President of the United States. For the…
Business
Trump Media, Tesla shares surge as former president wins second term
SHARES of Trump Media, Tesla and domestic-focused small-cap companies surged on Wednesday (Nov 6) as Donald Trump was elected US president…
Business
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion,…
Culture
The Amazing, Disappearing Johnny Carson
For thirty years, from October 1, 1962, to May 22, 1992, Johnny Carson presided over American popular culture from the 11:30 P.M. throne…
Business
Obesity drugmaker Novo Nordisk posts strong profit
Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted on Wednesday…
News
Bank Indonesia signals rate-cut caution as Trump nears victory
BANK Indonesia’s monetary policy will focus on maintaining stability in the short-term as a likely victory for Donald Trump in the US…
Business
Japan's Nikkei ends at 3-week high as markets await US election outcome
Japan’s Nikkei share average ended at a three-week high on Wednesday (Nov 6), led by chip and defence stocks, while market participants…
Business
Tech, manufacturing and China-linked stocks on the line as Asia braces for Trump 2.0
US-China trade tensions are likely to affect the Singapore equity market, say analysts, even as US markets get set to soar ASIAN and…