Business
Grab, Sea seen as defensive stocks as they’re not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the US – have not been spared amid a wider market sell-off sparked by…
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
Grab, Sea seen as defensive stocks as they are not exposed to direct trade links with US
Singapore-headquartered tech giants Grab and Sea – both listed in the United States – have not been spared amid a wider market sell-off…
Business
Bank Indonesia will act boldly to maintain rupiah stability
Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and…
Business
Japan's Nikkei down nearly 4% on slowdown fears as US tariffs kick in
Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns…
Unsorted
Asia: Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again on Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 per…
Business
CK Hutchison shares erase all gains since Panama ports deal
The spat over the ports comes at a delicate time, as China grapples with escalating trade tensions with the US CK Hutchison Holdings…
Unsorted
Hon Hai makes case to build EVs for Japan’s automobile industry
Hon Hai Precision Industry wants Japan’s carmakers to know it’s willing to assemble electric vehicles (EVs) for them, similar to how it…
Business
Malaysia central bank to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active…
Business
Stocks to watch: UOB, SGX, Sembcorp
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
JPMorgan model shows recession fear in markets spiking up to 79%
JPMorgan Chase says recession fears in stocks acutely tied to America’s economy have spiked to nearly 80 per cent, while credit investors…
Business
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound
Across the broader market, gainers beat decliners 362 to 234, with 2.4 billion shares worth S$3.5 billion transacting The Straits Times…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Unsorted
Alibaba chases international AI users with new Qwen upgrades
The expansion, through its Singapore availability zones, shows Alibaba ramping up an aggressive campaign to lure AI users and developers…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…