Lifestyle
Low-cost carriers hit hardest by US travel demand slump
A slump in travel demand due to President Donald Trump’s trade war has left all US airlines reeling, but the pain is most acute at budget…
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
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
Hotel group Amara on Wednesday (May 7) said it has appointed W Capital Markets as its independent financial adviser as it considers a…
Business
Potential solar boom in South-east Asia an opportunity to invest in storage systems
In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could…
Business
Alibaba, Xiaohongshu in tie-up as China e-commerce competition intensifies
Chinese e-commerce giant Alibaba is partnering with popular content platform Xiaohongshu to allow users on Xiaohongshu to directly click…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
Business
Ex-Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity
Singapore has established a new government-owned entity to centralise natural gas procurement, and appointed Alan Heng, who previously led…
Unsorted
BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on…
Business
Mitsubishi Motors signs MOU to outsource EV model development to Foxconn unit
Japanese automaker Mitsubishi Motors and Foxconn subsidiary Foxtron Vehicle Technologies have signed a memorandum of understanding (MOU)…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
Aims Apac Reit posts higher DPU of 2.6% on steady portfolio performance
The manager of Aims Apac Reit reported higher distribution per unit of S$0.096, up 2.6 per cent on the year for the second half ended Mar…
Business
Fed to hold rates steady as pressures mount
FEDERAL Reserve officials are widely expected to leave interest rates unchanged on Wednesday (May 7) as they await clarity on the Trump…
Business
National Australia Bank’s first-half cash earnings up 1% on lending volume growth
ONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half cash earnings rose 1 per cent, helped by…
Business
US: Wall St opens lower on fresh tariff threats
Wall Street’s main indexes opened lower on Tuesday, after US President Donald Trump’s latest plans for pharma tariffs further dampened…
Business
Citigroup to partner with Swiss bourse in private markets push
Citigroup is partnering with Switzerland’s stock exchange SIX Group as part of a push by the Wall Street lender to make it easier for…
Business
Sats names first chief digital officer to lead global digitalisation initiatives
Catering and ground handling company Sats on Tuesday (May 6) announced the appointment of Sandeep Sakharkar as chief digital officer, a…
Business
Singapore shares end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
Singtel is the top gainer on the benchmark index while Yangzijiang Shipbuilding, which is trading ex-dividend, falls the most Stocks on…
Business
Lamborghini quarterly revenue up 29.6% as hybrid models boost deliveries
Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion),…
Business
Fashion retailer Hugo Boss reports better-than-expected Q1 revenue
The company posted first-quarter revenue of 999 million euros (S$1.46 billion), slightly below the 1.01 billion euros a year earlier…
Business
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s…
Business
Accounts Payable: Pay Now or Pay Later?
Managing accounts payable (AP) is a vital part of running a business. It involves tracking what a company owes its suppliers for goods and…
Business
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Sumitomo Mitsui…
Business
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51…
Business
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from the city to…
Business
ServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operations…