Business
Singapore firm rejects US$1 billion Sri Lankan pollution damages
X-Press Feeders has operated the MV X-Press Pearl that sank off Colombo Port in June 2021 after a fire, believed to have been caused by a…
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.
Fashion · Style · Culture · Entertainment
Business
Apac data centre owners look beyond banks to fund US$100 billion of construction over 5 years: S&P
Options include capital recycling via Reits, asset-backed securities, private credit funding Asia Pacific (Apac) data centre operators…
Business
Malaysian top stock Gamuda seen rising to record on growth
The company is confident of maintaining its order book target of RM40 billion to RM45 billion by the end of 2025 Optimism that Malaysian…
Business
Amazon faces US trial over alleged Prime subscription tricks
JURY selection began on Monday in a US government lawsuit accusing e-commerce giant Amazon of using tricks to enroll millions of customers…
Business
PBOC unswayed by US Fed as policy choices hinge on data at home
The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with…
Unsorted
Singapore car buyers prefer hybrid EVs to fully electric: Deloitte study
This comes as consumers seek to lower fuel costs and emissions without the need to rely on charging infrastructure Consumers in Singapore…
Business
Gold hits record high as traders bet on US rate cuts, eye Powell’s signal
Gold prices climbed to a record high on Tuesday (Sep 23), supported by growing expectations of further US rate cuts and a slightly weaker…
Business
China’s solar leader looks away from Sun to solve grid glut
China’s top province for solar panels plans to accelerate the development of other renewables as well as battery storage, as it seeks to…
Business
Merdeka Gold set for debut after Indonesia’s largest IPO of the year
Merdeka Gold Resources is set to begin trading in Jakarta on Tuesday (Sep 23) after the miner wrapped up Indonesia’s largest initial…
Business
Tycoon-backed Merdeka Gold shares soar on Indonesia’s biggest IPO this year
The miner is developing the Pani Gold Project in Gorontalo, poised to become one of the country’s largest gold mines and a major driver of…
Business
Trump team says TikTok deal nears, with Oracle, Silver Lake among investors
President Donald Trump this week will declare that a deal to divest TikTok‘s US operations from its Chinese owner ByteDance will meet…
Business
‘Baby Shark’ creator Pinkfong seeks to raise 76 billion won from Seoul IPO
The company behind Baby Shark, the most-watched YouTube video of all time, is seeking to raise as much as 76 billion won (S$70 million)…
Business
Stocks to watch: Keppel, Keppel DC Reit, mm2 Asia, China Medical System Holdings, Southern Alliance Mining
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 23): Keppel: The infrastructure…
Business
Keppel Asia Infrastructure Fund leads divestment of 800 Super at over S$600 million
The sale is expected to be completed before the end of the year, and is subject to approval from the relevant regulators The…
Business
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22)…
Business
Keppel DC Reit raising S$404 million from unitholders to help fund 82-billion yen Tokyo data centre buy
Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each The manager of Keppel DC Reit…
News
Google fights breakup of ad tech business in US court
GOOGLE faced a fresh federal court test on Monday as US government lawyers asked a judge to order the breakup of the search engine giant’s…
Business
New US Fed governor Miran says interest rates should be around ‘mid-2%’
THE US Fed governor newly appointed by President Donald Trump argued on Monday for significantly lower interest rates, signaling that…
Unsorted
Oil dips as Iraq exports rise amid demand concerns
Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.…
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
Business
US: Tech giants help lift stocks to fresh records
Gains by tech giants Nvidia, Apple and Oracle helped propel US equity indices to fresh records Monday, overcoming early weakness and…
Business
Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move
The promotion of the two executives underscores the tech industry and Wall Street’s focus on cloud computing strategy [AUSTIN, Texas]…
Unsorted
Jimmy Kimmel Will Return with His Show on ABC Tomorrow Week After Being Taken Off Air Over Charlie Kirk Comments
The Walt Disney Company made a major announcement on Monday, saying that "Jimmy Kimmel Live!", the show hosted by Kimmel, is set to return…
News
FBI Hasn't Ruled Out Involvement of Second Shooter in Charlie Kirk Assassination as It Says Two Other 'Conspiracy Theories' Could be True
The FBI has launched an investigation into a wave of bizarre "theories and questions" surrounding Charlie Kirk's shooting that spread…