Business
Stocks to watch: ST Engineering, MPACT, MLT, Digital Core Reit, Sabana Reit, OUE Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 24): ST Engineering: The group…
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
Macquarie’s quarterly profit falls, CFO Harvey decides to step down
RALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief…
Business
Japan’s Topix hits record high in trade deal afterglow
— Japan’s Topix iindex rose to a record high on Thursday and the Nikkei share average hit a new one-year peak, as stocks rallied for a…
Business
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
News
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub
Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3…
Business
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress tests…
Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
Business
IBM’s software sales disappoint, eclipsing AI mainframe revival
IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday (Jul 23), but lower-than-expected sales in its mainstay…
Business
Google parent Alphabet surprises with capital spending boost after earnings beat
ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about…
Business
Oil prices steady with trade talks in focus
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President…
Business
Tesla’s sales fall most in a decade in another rough quarter
Tesla fell short of Wall Street’s expectations in one of the automaker’s worst quarters in years, a sign of the toll that rising…
Business
Tesla braces for rough quarters ahead as US ends EV incentives
Elon Musk warned of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade. Tesla will be a…
Business
Europe: Automakers propel shares to two-week highs on US-EU trade deal optimism
EUROPEAN shares closed near two-week highs on Wednesday, led by automakers, as investors anticipated a possible agreement between the…
Business
US: Dow advances, S&P 500 logs new record with boost from tariff pacts
Wall Street stocks advanced on Wednesday with the Dow logging strong gains and the S&P 500 closing at a record for the third time in a row…
News
Bryan Kohberger Sentenced to Life in Prison for Idaho Quadruple Murders as He Utters Only Three Words That Will Leave Motive a Mystery for Ever
Bryan Kohberger, who brutally killed four University of Idaho students in their off-campus home in November 2022, was sentenced to life in…
News
Dylan Mortensen: Idaho Murder Survivor Who Was Spared by Bryan Kohberger Sobs after Facing Him in Court as Killer Gives Cold Stare to Her
The University of Idaho student who survived Bryan Kohberger's brutal attack came face-to-face with him for the first time since seeing…
Business
'I Destroyed Your Work': Replit's AI Panics And Tells Lies, Before Deleting Data From 1,200 Companies
A shocking incident has raised fresh concerns about the risks of relying too much on AI coding tools. Jason Lemkin, a well-known tech…
News
Who Is Yostin Mosquera? Adult Film Star Who Danced Unclothed And Soaked in Blood in Viral Video, Convicted of Gruesome Double Murder
In one of the most disturbing criminal cases to emerge from the UK in recent years, Colombian porn star Yostin Andres Mosquera, 35, has…
Business
How to Start a Nonprofit
There’s a new generation of young startup founders who are not only chasing unicorns: they’re chasing purpose. Whether it’s addressing…
Business
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Business
SingPost directors quizzed about future strategies and CEO at AGM
National postal service provider Singapore Post’s (SingPost) board was pressed by shareholders at its annual general meeting (AGM) on…
Business
SingPost directors quizzed about CEO search and company’s future strategies at AGM
National postal service provider Singapore Post’s (SingPost) board was pressed by shareholders at its annual general meeting (AGM) on…
Business
US: Wall Street opens higher as US-Japan trade deal lifts sentiment
Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up expectations of…