Business
HPL shares unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pleaded…
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
HPL investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
HPL investors unfazed by founder Ong Beng Seng’s guilty plea; shares up 1.1% at midday
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) ended their session on Monday (Aug 4) 0.7 per cent or S$0.04 up at S$5.50, following its founder Ong…
Business
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following…
Unsorted
AI search pushing an already weakened media ecosystem to the brink
Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of…
Business
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
Eight counterparties have issued letters of demand against the company and Cathay Cineplexes In a bourse filing on Monday (Aug 4), Cathay…
Business
Melco eyes global casino expansion on new asset-light model
Melco Resorts & Entertainment is in talks to expand its brand beyond Macau, with plans to ramp up an asset-light strategy by teaming up…
Business
Nio’s July deliveries rise 2.5% amid launch of smart large-space SUV
Chinese electric vehicle maker Nio announced on Friday (Aug 1) after trading hours that it had delivered 21,017 vehicles in July, up…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says United Hampshire US Reit has acquired freehold shopping…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of S$16.4…
Business
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
The following companies saw new developments that may affect trading of their securities on Monday (Aug 4): Singapore Airlines (SIA): The…
Unsorted
China may need to trim record copper output on shortage of ore
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels,…
Business
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims…
Business
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the…
Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
Business
South Korea’s SK On aims to best rivals with next-generation batteries
SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers,…
Business
The insidious risk in holding on to cash
Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven…
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Gold caught between bearish technicals and bullish long-term fundamentals
Gold has long stood as the ultimate barometer of fear and uncertainty in the global financial system. Yet in recent weeks, it has been…
Business
Oil slips after Opec+ agrees to hike output in September
Oil prices slipped in early Asian trade on Monday after Opec+ agreed to another large production hike in September. Brent crude futures…
Business
Crypto mogul flies to space aboard latest Blue Origin flight
Other celebrities have taken on the suborbital mission, including pop star Katy Perry and Bezos’ now-wife Lauren Sanchez A Blue Origin…
Business
Opec+ leaves traders with cliffhanger as stormy chapter ends
The Organization of the Petroleum Exporting Countries and its allies (Opec+) closed a two-year chapter in its oil strategy on Sunday (Aug…
Unsorted
Boeing defence workers set to strike on Monday in US: union
Thousands of members of a union representing Boeing defence industry workers in the US states of Missouri and Illinois will go on strike…
Business
Who is Andrew Tulloch? High-Profile AI Researcher Reportedly Refuses Meta's $1billion Recruitment Offer
Since Mark Zuckerberg decided to go aggressively behind AI advancements and decided to form a superintelligence team, his company Meta is…