Business
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks 5.6%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs Asian markets took a beating at their open on Friday…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Singapore, Asia markets mostly down at midday after Wall Street rout; YZJ Shipbuilding sinks 5.6%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs Asian markets took a beating at their open on Friday…
Business
Singapore, Asia markets mostly down after Wall Street tech rout
Asian markets largely ended the week in the red on Friday (Feb 6), taking the cue from the US markets on Thursday where tech stocks and…
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Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter After years of damage control over…
Business
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 A relentless sell-off in…
Business
South Korea’s ETF boom puts assets on track to overtake Taiwan
The two tech-heavy Asian markets have been a focal point in recent years, thanks to a global frenzy sparked by the rise of AI In yet…
Business
Stocks to watch: CICT, Nio, Clar, CDL, HPH Trust, Low Keng Huat, First Reit
The following companies saw new developments that may affect trading of their securities on Friday (Feb 6): CapitaLand Integrated…
Business
Roblox forecasts strong annual bookings as gaming platform momentum grows
Roblox forecast fiscal 2026 bookings of between US$8.28 billion and US$8.55 billion, above estimates OX forecast fiscal 2026 bookings…
Business
Winklevosses’ Gemini to cut jobs, scale down in crypto retreat
The twins have donated millions of US dollars to causes supporting US President Donald Trump and the Republican party The crypto exchange…
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CapitaLand Integrated Commercial Trust’s H2 DPU rises 9.4% to S$0.0596
The manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0596 for the second half ended…
Business
Rio walks away from Glencore mega merger on price impasse
The idea of a combination of the two companies has been discussed several times over more than a decade Rio Tinto Group is walking away…
Business
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns The three local banks may be nearing…
Business
News Corp beats quarterly revenue estimates on growth in Dow Jones unit
Corp beat Wall Street estimates for second-quarter revenue on Thursday, bolstered by growth in its Dow Jones, digital real estate and book…
Business
Michael Saylor’s crypto project pounded after US$12.4 billion loss
Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than…
Business
Reddit forecasts revenue above estimates as AI fuels ad sales
IT forecast first-quarter revenue above analysts’ estimates on Thursday (Feb 5), as artificial intelligence-powered enhancements to its ad…
Business
Amazon says it will spend US$200 billion this year on AI build-out
Amazon.com said that it plans to spend US$200 billion this year on data centres, chips and other equipment, worrying investors the…
Business
Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Bitcoin plunged on Thursday, its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a…
Business
Oil settles almost 3% down on easing supply concerns ahead of US, Iran talks
Oil prices settled down almost 3 per cent on Thursday in choppy trading, after the US and Iran agreed to hold talks in Oman on Friday,…
Business
European shares fall as investors gauge earnings, ECB keeps rates unchanged
PEAN shares fell on Thursday as the European Central Bank kept interest rates unchanged but offered no clues about its next move, while…
Business
US stocks: Wall Street ends sharply down as AI worries weigh
Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft, Amazon and other tech…
Business
Workplace romance: When boards must step in
When do workplace relationships cross the line – from being a personal issue to a boardroom concern? COLDPLAY-GATE was a standout moment…
Business
Nancy Guthrie: Cops Confirm Ransom Note Set Deadline of 5PM Thursday and Share Terrifying Doorbell Camera Details as Noone Has Been Ruled Out
The FBI said a ransom note sent to several media outlets demanded millions of dollars for Nancy Guthrie's release and set a deadline of 5…
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Jeffrey Epstein Had 'Very Low' Testosterone, Sought Information on Enlargement of His Manhood and Considered Freezing His Sperm, Records Show
Jeffrey Epstein had "very low" testosterone and complained about having "low libido" and was sent information about medication related to…