Business
Asia Stocks Slip as Tariff Deadline Looms, Dollar Weakens Again
Asian shares slid midweek as concerns mounted about trade deadlines set by U.S. President Trump. He dismissed the idea of extending the…
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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News
Teacher at Private Christian School in Indianapolis Charged with Child Seduction After Engaging in Sexual Acts with Teen Student at Church
An arrest warrant has been issued for a former kindergarten teacher at a private Christian school in northern Indianapolis, after she was…
Business
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US…
Business
Manhattan home sales surge 17% with cash buyers leading the way
Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the…
Business
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strength Port…
Business
MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers
The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the…
Business
Singapore’s STI hits new high as investors flock to safe havens amid global risks
The Straits Times Index (STI) briefly notched a new record of 4,008.15 points on Wednesday (Jul 2) as Singapore draws a rush of investors…
Business
Singapore’s STI hits new high as investors flee to safe havens amid global risks
The Straits Times Index (STI) briefly notched a new record of 4,008.15 points on Wednesday (Jul 2) as Singapore draws a rush of investors…
Business
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s…
Business
Alibaba expands AI cloud services in Malaysia, Philippines
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East,…
Business
Yangzijiang Financial up 6% after update on maritime subsidiary incorporation
Shares of Yangzijiang (YZJ) Financial rose by 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its…
Business
Yangzijiang Financial rises over 6% after update on maritime subsidiary incorporation
Shares of Yangzijiang (YZJ) Financial rose by over 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its…
Business
Intel’s new CEO explores big shift in chip manufacturing business
Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar…
Business
Canned-food producer Del Monte Foods files for bankruptcy
The company has both liabilities and assets estimated between US$1 billion and US$10 billion Canned fruit company Del Monte Foods filed…
Business
Del Monte Foods files for bankruptcy; SGX-listed parent has over US$700 million exposure to US unit
Del Monte Pacific (DMP) is expected to take a body blow from the failure of its US unit as the latter accounts for a big chunk of its…
Business
Toyota delays EV plans to boost petrol-fuelled SUV output
Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular…
Business
Bezos unloads US$737 million of Amazon stock in year’s first sale
Jeff Bezos sold 3.3 million Amazon.com shares in recent days, netting US$736.7 million. The sale, which coincided with his star-studded…
Business
YZJ Financial incorporates YZJ Maritime Development as subsidiary at issued and paid-up share capital of US$100
Yangzijiang Financial released an update on Wednesday (Jul 2) that its proposed spin-off company Yangzijiang (YZJ) Maritime Development…
Business
Lendlease seeks S$3.4 million in arrears from Cathay Cineplexes: mm2 Asia
Embattled cinema chain Cathay Cineplexes on Tuesday (Jul 1) received a statutory demand from laywers representing the landlord of its…
Business
Cathay Cineplexes gets S$3.4 million payment demand from landlord of shuttered Jem outlet
Lendlease Global Commercial Reit is seeking arrears in connection to the cinema chain’s use of the mall’s premises, which are to be paid…
Unsorted
Trump tariff risks put Asian stocks’ strong July record to test
A seasonal lift for Asian equities in July may be hard to come by this year as tariff and macroeconomic concerns dampen sentiment. Markets…
Business
Central banks are ditching the greenback: What’s in favour instead?
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial…
Business
Qantas says hit by ‘significant’ cyberattack
Australian airline Qantas said on Wednesday it was investigating a “significant” cyberattack, after hackers infiltrated a system…
Business
Hong Kong steps up defence of FX peg as fixed range tested again
The latest intervention will turn trader focus to the city’s interbank rates, known as Hibor. Hong Kong’s de-facto central bank ramped up…