Business
Bloomberg terminal outage disrupts bond sales across Europe
— News and data company Bloomberg suffered an outage to its terminal for financial professionals on Wednesday (May 21), disrupting numerous…
Kim Browne
Kim Browne is an editor at Cosmopolitan Canada whose work focuses on lifestyle and contemporary issues.
Her editorial interests include stories that connect current events, culture, and the experiences of modern readers.
Lifestyle · Culture · Contemporary Issues · Current Affairs
Business
Bloomberg terminal back up after outage affects European bond sales
— News and data company Bloomberg said its systems were returning to normal on Wednesday (May 21) after a brief disruption earlier in the…
Business
Should SingPost divest its headquarters building?
The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest…
Business
Time’s not ripe for SingPost to sell its flagship building
The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest…
Business
Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million
Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from…
Business
Julius Baer faces US$156 million loan loss charge
Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is…
Business
Covid-19 testing demand surges as cases spike across Asia
Phase Scientific has developed the world’s first urine-based human papillomavirus test, and is planning to expand that business globally…
Business
Labubu maker Pop Mart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation…
Business
Vietnam approves establishment of Sun PhuQuoc Airways
Vietnam’s Prime Minister, Pham Minh Chinh, has approved the establishment of a new airline, Sun PhuQuoc Airways, the official Vietnam News…
Business
Temasek’s SeaTown to invest up to S$115 million in AddVita
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in…
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WhatsApp had no plans to vie with Facebook, co-founder says
WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook…
Business
SingPost names Teo Swee Lian as chairman-designate; Simon Israel to retire after 9 years at helm
She will assume the role at the conclusion of the postal services provider’s next annual general meeting Singapore Post (SingPost) has…
Business
Monetary Authority of Singapore MD says US$ assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on…
Business
CapitaLand Investment launches 5 billion yuan China fund
CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund,…
Business
Stocks to watch: CapitaLand Investment, CDL, SingPost, SIA Engineering, Delfi, SLB, Dasin Retail Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (May 21). CapitaLand Investment…
Business
US sets the stage for duties on battery materials from China
The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding…
Business
Maybank Securities positive on MAS equities review given niche in mid-cap players: CEO Aditya Laroia
The Singapore government’s attempt to revive its local stock market is a much-needed move to boost Singapore’s financial hub status, and…
Business
Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid…
Business
Europe: Shares close near nine-week high, powered by utility, telecom stocks
European stocks closed at near nine-week highs on Tuesday (May 20) with utilities and telecom firms leading gains, while some positive…
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Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years,…
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Elon Musk Crashes Out When Asked About South Africa Starlink Deal
Elon Musk is having a hard time explaining his cushy new Starlink contracts. While speaking with Bloomberg at the Qatar Economic Forum…
Business
US: Wall St opens lower ahead of Fed commentary
Wall Street’s main indexes opened lower on Tuesday (May 20) as investors awaited commentary from Federal Reserve officials through the day…
Business
BMW to buy back more shares worth up to 2 billion euros
is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month. The carmaker’s management board approved the…
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Elon Musk Wins Exception to Black Ownership Rule in South Africa
South African President Cyril Ramaphosa plans to grant billionaire Elon Musk a deal with his Starlink internet network in an effort to…