Business
MSCI halts Indonesia index changes, flags transparency risks
MSCI cited persistent “fundamental investability issues” and concerns over coordinated efforts to distort prices will pause certain index…
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
Indonesian equities plunge after MSCI flags ownership, free float concerns
Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices Jakarta…
Business
Amazon bungles Wednesday layoff plan with misfired internal email
Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday…
Business
SoftBank in talks to invest up to US$30 billion more in OpenAI, source says
BANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday.…
Business
ANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs Group Holdings plans to…
Business
Hidden risks build at Vietnam banks on mounting debt guarantees
In China, regulators have in recent years told some lenders to limit their use of such arrangements Vietnamese lenders are providing more…
Business
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
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Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
The plant will support regional airlines’ needs and Singapore’s sustainable aviation fuel target Keppel, through its infrastructure…
Business
BlackRock cuts private credit executives hired pre-HPS deal
BlackRock is cutting about 10 people from its private financing solutions group as it continues to integrate its US$12 billion acquisition…
Business
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28): Singapore Technologies…
Fashion
Shein could face EU investigation but no interim measure, commission official says
Chinese fast-fashion online retailer Shein could face an EU investigation on the sale of illegal products on its platform, but is unlikely…
Business
ST Engineering posts record S$18.7 billion in contract wins for FY2025
Singapore Technologies Engineering’s (ST Engineering) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6…
Business
ST Engineering books record S$18.7 billion in contract wins for FY2025
Singapore Technologies Engineering’s (ST Engineering) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6…
Business
S-Reits set for first DPU recovery in four years: Julius Baer
Singapore’s retail and office sectors are well placed to benefit this year, the analyst says For the first time in four years, Singapore…
Fashion
LVMH suffers sluggish sales of high-end fashion and handbags
Some companies in the sector have been more resilient, such as Cartier owner Richemont Sales at LVMH’s key fashion unit fell over the…
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The Annual Census Update Shows a Redder America | National Review
Declining net migration and a continuing shift to the red states is redrawing America’s political map. Source link
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Carbon tax: Where Singapore stands in a world divided on price | The Business Times
From a whopping US$160 to just above US$0.70, the price of a tonne of carbon is set to remain at extremes globally Source link
Business
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026 Pinterest said that it plans…
Business
Inside Starbucks’ supply struggles: AI glitches, scattered suppliers and sandwich shortages
The coffee chain’s various problems include inaccurate automated counting, ancient computers Four Starbucks CEOs over five years have…
Business
Amazon is closing its Fresh grocery, Go convenience stores
The moves mark the e-commerce giant’s latest retreat from its brick-and-mortar retail efforts Amazon.com is shuttering its Amazon-branded…
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Euro rises to US$1.20 for the first time since mid-2021
The euro strengthened to US$1.20 for the first time since mid-2021 on Tuesday, driven by an investor retreat from the US dollar that has…
Business
Affordability a key focus as food delivery platforms continue to grow: Momentum Works
This has driven down average order value, but the net effect is faster gross merchandise value growth Food delivery platforms across…
News
Oil futures surge 3% a barrel as winter storm slams US output
Oil prices settled 3 per cent higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove US Gulf…
Business
US stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports…