Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
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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Big Four accounting firm PwC to slash about 1,500 jobs in the US
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson said on Monday (May 5). The…
Business
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside…
Business
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the…
Business
Apple prices first bond offering in two years
Apple sold US$4.5 billion worth of bonds late on Monday (May 5), its first offering in two years, and said it plans to use proceeds to…
Business
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Hong Kong…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
Business
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened…
Business
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent…
Business
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and…
Business
Singapore stocks end higher on Monday; STI up 0.2%
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11 Stocks in Singapore ended…
Business
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted…
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Grab appoints Alejandro Osorio as new managing director for Singapore
Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab…
Business
China resumes spot LNG purchases to take advantage of price drop
The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a…
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Trump rules out firing Powell while pushing him to cut rates
US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the…
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Oil drops more than US$2/barrel as Opec+ accelerates output hikes
Oil prices fell more than US$2 a barrel in early Asian trade on Monday as Opec+ is set to further speed up oil output hikes, spurring…
Business
Green Business: Profit from Saving the Planet
Starting a green business isn’t just a trend—it’s becoming a necessity. With climate change and environmental concerns at the forefront of…
Business
BHP partner says Filo copper discovery is largest in 30 years
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its…
Business
Ajisen Ramen operator Japan Foods warns of ‘substantial’ full-year loss
This is based on a preliminary review of the unaudited management accounts of the group Japan Foods announced on Monday (May 5) that it…
Business
New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank…
Business
Stocks to watch: CapitaLand Integrated Commercial Trust, Japan Foods
The following companies saw new developments that may affect trading of their securities on Monday (May 5). CapitaLand Integrated…
Business
Sinarmas Land offer price may be hiked
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments.…
News
Brazil Police Foil Horror Bomb Threat at Lady Gaga's Concert at Copacabana Beach Attended by 2.1 Million People as They Arrest Mastermind
Police in Rio de Janeiro thwarted a bomb attack that was allegedly planned to target Lady Gaga's landmark concert at Copacabana Beach,…
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Chelsea vs Liverpool Live Streaming: How to Watch the Premier League Match Online in the US, UK and India
Chelsea will welcome Liverpool to Stamford Bridge on Sunday as they continue their chase for a UEFA Champions League spot. Currently fifth…