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,…
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
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…
Business
Toyota keeps profit outlook despite weakness in Japan, China
TOYOTA Motor kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the…
Business
Thai inflation stays below central bank target for fifth month
THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to…
Business
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares…
News
GM recalls some Chevrolet Bolt electric SUVs for a second time
GENERAL Motors (GM) is recalling some Chevrolet Bolt battery-powered electric vehicles (EVs) because they are at risk of catching fire,…
Business
Gold subdued as investors await US election outcome
GOLD prices were muted on Wednesday (Oct 6), as investors held back from taking big positions until the US election’s outcome was known…
News
Gold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global markets Gold fell on a surging dollar as Republican Donald Trump…
Fashion
Aramco cuts oil prices to Asia for December after Opec+ delay
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization of the…
Business
Manulife US Reit’s portfolio occupancy falls to 77% in Q3
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 77 per cent for its third quarter ended September, down…
Business
FLCT posts 5.7% drop in H2 DPU to S$0.0332 despite higher revenue
THE manager of Frasers Logistics & Commercial Trust (FLCT) on Wednesday (Nov 6) reported a distribution per unit (DPU) of S$0.0332 for the…
Business
CapitaLand Investment’s 9M revenue holds steady at S$2.1 billion
CAPITALAND Investment (CLI) reported S$2.1 billion in total revenue for the year to date (YTD) ended September, representing a slight…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This…
Business
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern…
Culture
Quincy Jones Had Something for Everyone
In my youth, in the nineteen-nineties, my record-store experiences were governed by what was, or wasn’t, in my pockets. I was a frequent…
Business
Nvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial…