Business
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their…
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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Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
Business
Salman Haider named head of Asean, CEO of Eastspring Singapore
This is in addition to his current role as chief distribution officer of the business Eastspring Investments, the asset management…
Business
Nomura’s China losses narrow as brokerage seeks turnaround
Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer…
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
Business
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Unsorted
Electronic Arts lays off hundreds, cancels ‘Titanfall’ game
Electronic Arts (EA) is laying off hundreds of workers and cancelling a Titanfall game that was in development at its Respawn…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Unsorted
Flexible Workspaces Fueling Productivity Across London
The way professionals approach work is evolving quickly. Traditional offices are being replaced by modern spaces that blend convenience,…
Business
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President…
Business
How Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often…
Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
Unsorted
Ferrari unveils 400,000 euro hybrid supercars for collectors
[Maranello, Italy] Ferrari unveiled new special editions of its best-selling sports car, the 296, in a bid to extend the life of the model…
Business
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Unsorted
IReit Global reports higher committed occupancy and stable leverage for Q1 2025
Committed occupancy is marginally higher due to new leases committed within the Spanish portfolio [Singapore] IReit Global reported 88.7…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…