Business
Harvey Norman operator Ossia surges over 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad Shares of Ossia jumped more than 40 per cent on…
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
Australia: Shares hit over two-month high, RBA rate decision in focus
AUSTRALIAN shares jumped to an over two-month high on Friday, led by gains in banks and miners, ahead of the Reserve Bank of Australia’s…
Business
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million,…
Business
Stocks to watch: SIA, MIT, Sats, NetLink NBN Trust, Japfa, Amara, LHN
The following companies saw new developments that may affect trading of their securities on Friday (May 16). Singapore Airlines (SIA): The…
Business
Ex-Goldman banker leads China’s push to revive Hong Kong finance
The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Qi…
Business
Meta delays release of its ‘Behemoth’ AI model: WSJ
Platforms is delaying the release of its flagship “Behemoth” AI model due to concerns about its capabilities, the Wall Street Journal…
Unsorted
Retailers rush to save US summer shopping season
US retailers including Walmart and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season…
Business
Microsoft layoffs hit its Silicon Valley workforce
Microsoft is slashing its Silicon Valley workforce. The tech giant, which is based in Washington but also has Bay Area offices, is cutting…
Business
Japfa expected to delist on Jun 10 as court sanctions scheme of arrangement
Last day of trading of its shares will be on May 16; trading in the counter will be suspended from 9 am on May 19 Agri-food company Japfa…
Business
LHN net profit for H1 rises 8.8% to S$14.1 million
LHN’s net profit for the first half ended March 31 rose 8.8 per cent to S$14.1 million from S$13 million in the year ago period. The real…
Business
Ossia controlling shareholders offer S$0.16 a share to take it private
The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and…
Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY2025
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY25
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
Business
IEA predicts slower oil demand growth for the rest of 2025
The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles…
Business
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times Catering and ground…
Unsorted
Singtel’s new 5G+ Priority plans are key for its premium customer push
Premium customers remain top of mind for Singtel with new 5G+ Priority plans. The new plans promising faster streaming speeds and priority…
Business
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday (May 15), as the e-commerce group works…
Unsorted
“Overcompensating” Is a New Kind of Coming-Out Comedy
Benny Scanlon, the protagonist of the new comedy “Overcompensating,” is the kind of boy mothers don’t know to warn their daughters about.…
Unsorted
Dolly Parton’s Quietly Inspiring Defense of Marriage
Abelard and Heloise, Vladimir and Véra, Prince Albert and Queen Victoria: to these historic his and hers, I would add Carl and Dolly.…
Fashion
Shein to set up huge Vietnam warehouse in US tariff hedge: sources
[HANOI, SHANGHAI] Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told…
Business
SGX RegCo consults on regulatory changes to streamline IPO rules
Listed issuers on the Singapore Exchange (SGX) will be expected to take on a more proactive role in providing timely and relevant…
Business
Cordlife jumps 48% to S$0.23 on partial offer from Thai-listed Medeze
The stem cell company is seeking to acquire about 25.6 million shares at S$0.25 apiece Shares of Cordlife surged by over 48 per cent on…
Business
Deutsche Telekom first-quarter profit slightly above expectations
The group raised 2025 core profit guidance to about 45 billion euros, up marginally from the previous 44.9 billion Deutsche Telekom…
Business
April new home sales dip 9% month on month to 663 units, but are double year-ago levels
Developers in Singapore sold 663 private homes in April, down 9 per cent from the month before, but up 120 per cent from the 301 units a…