Business
South Korea fines JPMorgan, Morgan Stanley, Nomura and UBS for short selling breaches
South Korea’s market watchdog has decided to impose fines on JPMorgan, Morgan Stanley, Nomura and UBS for violating short-selling rules in…
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
Latest Singapore six-month T-bill cut-off yield drops to 2.9%
THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.9 per cent, based on auction results released by the…
Business
Jollibee shares jump after foreign ownership limit scrapped
SHARES of Jollibee Foods climbed more than 5 per cent on Thursday (Feb 13) after the Philippines’ top restaurant operator said it has…
Business
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
News
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes…
Business
Seatrium jumps 6.5% to S$2.45 after MOU with BP
The company will provide engineering, procurement, construction and commissioning services for the Tiber floating production unit SHARES…
Fashion
Osim taken to task by competition watchdog over misleading discounts, product labelling
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and…
News
Opec warns that US trade policy risks stoking market volatility
ORGANIZATION of the Petroleum Exporting Countries (Opec) warned that President Donald Trump’s trade policies risk stoking volatility in…
Business
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will…
Fashion
Seatrium inks MOU with BP for deepwater floating production unit in US Gulf of America
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine…
Business
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against Sora ADOBE on Wednesday (Feb 12) released the first public…
Fashion
Apple brings TV+ to Android phones in bid to boost subscribers
The move marks the rare occasion when Apple is offering services on Google’s Android, its biggest competitor in smartphone software APPLE…
Business
Chevron to lay off up to 20% of global workforce
CHEVRON will lay off 15 to 20 per cent of its global workforce by the end of 2026, the US oil company said on Wednesday (Feb 12) as it…
News
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
OIL prices settled down more than 2 per cent on Wednesday (Feb 12) after US President Donald Trump took the first big step towards…
Business
Reëxamining Romantic Tropes with the Ripped Bodice
In 2016, Leah Koch and her sister Bea Hodges-Koch opened the Ripped Bodice, a romance bookstore, in Los Angeles. Since then, the genre has…
Business
Sorry, T-bills. It’s time now to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and…
Business
Text Marketing: Mobile Money or Major Fail?
Text message marketing is kinda like the new kid on the block for businesses. It’s cheap, easy, and gets the job done better than some of…
Fashion
Hollywood writers say AI is ripping off their work. They want studios to sue
When the Writers Guild of America approved a contract with major studios in 2023, ending a 148-day strike, the union became the first…
Business
Thomson Medical incurs net loss of S$12.9 million for H1 2025
HEALTHCARE provider Thomson Medical has posted a net loss of S$12.9 million for the first half of its 2025 fiscal year ending Dec 31,…
Business
NYSE plans Texas exchange as financial firms flock to state
THE New York Stock Exchange (NYSE) plans to start an equities exchange in Texas, the latest firm seeking a slice of the financial services…
Business
iFast Q4 net profit up 46.3% to S$19.3 million
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth…
Business
Alibaba becomes China’s new AI darling with US$87 billion rally
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting new life into…
Business
Digital Core Reit H2 DPU up 1.1 per cent to US$0.018
DIGITAL Core Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2024,…