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.
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in…
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up…
Keeping boards relevant in a changing world
A FUNDAMENTAL principle of change management is that an organisation’s internal rate of change must surpass the external rate of change…
The Fraught U.S.-Soviet Search for Alien Life
Some misunderstandings can be remedied by a simple explanation. Others end friendships or marriages. The most frightening…
The Cancer Scams That Foreshadowed MAHA
In 1986, Gilda Radner, one of “Saturday Night Live” ’s original Not Ready for Prime Time Players, was diagnosed with Stage IV ovarian…
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
US: Wall St opens higher after big corporate results
Wall Street’s main indexes opened slightly higher on Thursday (Feb 6), as investors evaluated earnings from companies including Honeywell…
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as…
Shein,Temu retailers slapped with 30% levy on US bound goods
Chinese retailers that sell on Shein and PDD Holdings’ Temu platform say they have been asked by logistics agents to start paying an…
Shein, Temu retailers slapped with 30% levy on US bound goods
Chinese retailers that sell on Shein and PDD Holdings’ Temu platform say they have been asked by logistics agents to start paying an…
How the Oscar Race Got as Messy as “Conclave”
Stop me if you’ve seen this one. A committee of august personages convenes, with much pomp and circumstance, to choose the best of their…
ST Engineering bags new contracts worth S$4.3 billion in Q4 2024
ST ENGINEERING on Thursday (Feb 6) announced that it secured S$4.3 billion in new contracts in the fourth quarter of 2024. These comprise…
DeepSeek fever fuels patriotic bets on Chinese AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this…
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings…
SocGen doubles Q4 profit as retail unit rebounds
SOCIETE Generale (SocGen) said on Thursday (Feb 6) it had doubled fourth-quarter profits after a recovery in its retail bank and increased…
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Nomura soars to 16-year high as profit jump cements recovery
NOMURA Holdings’s shares jumped to their highest in 16 years after Japan’s biggest brokerage doubled third-quarter profit and beat market…
Best Jobs for Empaths: Where Feelings Meet Finance
Ever feel like you soak up the emotions around you like a sponge? You might be an empath. For folks who feel the world deeply, finding a…
Gold firms near record peak as trade war concerns linger
GOLD prices inched higher on Thursday (Feb 6) to hover near an all-time high hit in the last session, as Sino-US tariff war concerns…
Google ends hiring targets tied to diversity
Google is the latest tech company rethinking how it approaches diversity, equity and inclusion in the workplace as businesses face more…