Business
Analysts upgrade Frasers Centrepoint Trust to ‘buy’, citing its high retail portfolio occupancy
ANALYSTS have upgraded Frasers Centrepoint Trust (FCT) to a “buy” rating, citing its high retail portfolio occupancy and ongoing asset…
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
LNG firm Venture Global gets US$1.75 billion in year’s biggest IPO
VENTURE Global raised US$1.75 billion in its initial public offering (IPO), pricing its shares in the middle of a marketed range. The…
News
Gold set for fourth week of gains amid Trump policy jitters
GOLD prices edged higher and were on track for a fourth straight weekly gain on Friday (Jan 24), as uncertainty about US President Donald…
News
Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1%
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
No major impact from Johor data centres, US export ban: Keppel DC Reit manager
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on…
Business
Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor,…
Business
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its…
News
CNN eyes 200 job cuts, streaming overhaul
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of…
Business
Texas Instruments forecast signals chip slump is persisting
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand…
Culture
The 2025 Oscar Nominations and What Should Have Made the List
With the announcement of this year’s Oscar nominations, the members of the Academy have, in effect, responded to the natural and political…
Business
US: Wall St subdued at open after previous session's jump; earnings in focus
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in…
Business
AI Takes Over Insurance: Should You Be Worried?
Artificial intelligence is making waves across various sectors, and the insurance industry is no exception. As more companies dive into…
Business
Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended…
Business
OUE Reit’s H2 DPU increases 8.7% to S$0.0113
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its…
Business
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31,…
Business
HSBC’s payments app closure puts around 400 jobs at risk: source
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
News
Tariffs will leave everyone worse off, Bundesbank chief warns
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to…
Business
Cathay Pacific to cut profit payout to staff by around 50%
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
Fashion
Sembcorp launches short-term mobile solar farm at PSA’s Keppel Terminal
For three years, the renewable energy generated from the farm will be channelled to the national grid A new 18 megawatt-peak ground-mount…
Business
SoftBank, OpenAI plan US$19 billion each for Stargate: report
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI)…
Business
Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more…
Business
JPMorgan, Goldman CEOs resist calls to roll back DEI programmes
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on…