Posts by Swedan Margen
Creative CEO to also be its chairman; cousin Chew Kian Giap added to board
Late founder Sim Wong Hoo’s brother will relinquish his director role from Feb 17 [SINGAPORE] Creative Technology’s chief executive Sim Li Ern – a nephew of late founder Sim Wong Hoo – will become the company’s chairman from Friday (Feb 6). Creative has also appointed Chew Kian Giap, another nephew of the late Sim, as…
Read MoreWall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Published Fri, Feb 6, 2026 · 10:42 PM [NEW YORK] Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though optimism was tempered by Amazon’s drop after it became the latest Big Tech to ramp up spending on AI infrastructure. At 09:30 am ET,…
Read MoreGoldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
Published Fri, Feb 6, 2026 · 10:25 PM [NEW YORK] JPMorgan Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the businesses benefited from a banner year in dealmaking and market activity. Executives began communicating the compensation decisions to middle managers…
Read MoreSociete Generale launches 1.5 billion euro buyback after profit beat estimates
The reacquisition follows two extraordinary share repurchase programmes launched in 2025, worth one billion euros each Published Fri, Feb 6, 2026 · 10:23 PM [PARIS] Societe Generale has launched a 1.5 billion euro (S$2.3 billion) buyback programme after posting profit for the fourth quarter that beat estimates. Its net income in the quarter jumped 36…
Read MoreBank of England cautious about risks from expected dip in inflation
Published Fri, Feb 6, 2026 · 09:53 PM [LONDON] Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and that it was important to make sure price growth does not go…
Read MoreFrasers Property logs S$1.4 billion in pre-sold residential revenue, boosted by China sales
The company launched the first phase of unit sales at the Fang Song Community high-end residential project in Shanghai [SINGAPORE] Frasers Property recorded S$1.4 billion in pre-sold residential revenue across Singapore, Australia, Thailand and China as at Dec 31, 2025, the developer said in its Q1 business update on Friday (Feb 6). China accounted for…
Read MoreChairman of Malaysia’s IJM Corp detained in anti-graft probe
The arrest happened at the agency’s headquarters following a raid on the suspect’s home Published Fri, Feb 6, 2026 · 08:30 PM [KUALA LUMPUR] Malaysia’s anti-graft body briefly detained the chairman of construction group IJM Corporation for questioning, it said on Friday (Feb 6), part of a probe into alleged corruption involving around RM2.5 billion…
Read MoreAustralian laser maker EOS opens production centre in Singapore
The centre will produce EOS’s 100 kilowatt-class laser weapon system for Dutch and Korean customers Published Fri, Feb 6, 2026 · 08:08 PM [SINGAPORE] Australia’s Electro Optic Systems (EOS) opened a production centre in Singapore on Friday (Feb 6) to function as its Asian hub for making, integration and testing of high energy anti-drone lasers,…
Read MoreWorld’s largest pig breeder Muyuan up 3.9% in Hong Kong debut; Han’s CNC jumps nearly 15%
Muyuan’s HK$10.7 billion listing proceeds makes it the largest IPO since Zijin Gold International’s debut last September Published Fri, Feb 6, 2026 · 07:57 PM [SINGAPORE/HONG KONG] The shares of China’s Muyuan Foods closed slightly higher in their Hong Kong trading debut on Friday (Feb 6), after the world’s biggest pig breeder raised HK$10.7 billion…
Read MoreJeff Bezos Isn’t Obligated to Subsidize the Losses of the Washington Post | National Review
Source link
Read MoreThe Week: A Short-Lived Shutdown | National Review
Plus: The Epstein files fallout. Source link
Read MoreTesla is no longer No. 1: This is how a Chinese competitor surged past the EV pioneer
Tesla, the 23-year-old company that brought green cars into the mainstream, has been pushed off its perch as the world’s top electric vehicle seller. Chinese EV manufacturer BYD sold hundreds of thousands more cars last year, and it’s not just in China. In most of the countries where the Chinese titan went head-to-head with Tesla…
Read More