Business
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
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
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
The discussions were suspended shortly after the port sale was announced in early March Billionaire Richard Li’s efforts to expand his…
Business
Dutch firm moves to privatise Grand Venture Technology at S$0.94 per share
A Netherlands-incorporated firm is looking to privatise precision engineering solutions company Grand Venture Technology at S$0.94 a…
Fashion
SIA partners Mandai Wildlife Group to enhance customer offerings
Both companies will also cooperate on conservation efforts that could include the transfer of animals between Singapore’s wildlife parks…
News
Japan’s carmakers slash export prices to US to offset tariff hit
While Japanese automakers have announced some price increases, the country’s strategy of not raising prices too much has shown up in other…
Business
Asia: Stocks mostly rise on trade deal optimism
Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s…
Business
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI)…
Business
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling…
Business
Singapore’s future bankers vie for coveted spots at university finance clubs
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years…
Business
Bank of Korea holds rates steady amid tariff, household debt concerns
South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial…
News
Gold edges higher as Trump tariff moves keep markets on edge
Gold prices edged higher on Thursday (Jul 10) as US President Donald Trump’s latest tariff announcements kept markets cautious, with…
News
Brennan says he's 'clueless' about why FBI authorities want to investigate him
Former CIA Director John Brennan said Wednesday that he is "clueless" about what the Justice Department and FBI authorities could be…
Business
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player…
Business
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets…
Business
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Fashion
Opec bars five leading news organisations from oil conference
Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organisations from covering its…
Business
Nvidia becomes first company to reach US$4 trillion in value
Nvidia became the first company in history to achieve a US$4 trillion market valuation, cementing its status as a kingpin in the global…
News
Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US…
Business
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first…
News
Trump, in unusual move, ties tariff rate for Brazil to domestic prosecution of Jair Bolsonaro
President Trump whacked Brazil on Wednesday with a 50% tariff on goods its producers send into the U.S., linking the levy in part to the…
News
Iranian woman released from ICE detention after Scalise steps in
Republican House Majority Leader Steve Scalise helped to gain an Iranian woman's release from Immigration and Customs Enforcement after he…
News
Court throws out Biden-era conviction of Hillary Clinton 'troll'
A federal appeals court Wednesday overturned the conviction of a conservative social media influencer accused of trying to trick his…
News
Papadopoulos says Justice has 'airtight' case against Brennan, Comey in Russia probe
George Papadopoulos, the former 2016 Trump campaign staffer targeted in the FBI's probe of the campaign's purported links to Russia, said…
Culture
Amy Bloom’s Favorite Family Novels
Amy Bloom’s latest novel, “I’ll Be Right Here,” tells the story of a single family across more than eight decades. The span of the book…