Business
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its…
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
Nio to raise HK$4 billion from equity placement to fund R&D
Chinese electric vehicle (EV) maker Nio on Thursday (Mar 27) announced plans to raise HK$4 billion (S$688 million) through a share…
Unsorted
LLC Benefits: Why Everyone's Talking About Them
If you’re thinking about starting a business, you’ve probably heard a lot about LLCs, or limited liability companies. They’re becoming a…
Business
US: Wall St opens lower as Trump's auto tariffs sap sentiment
Wall Street’s main indexes opened lower on Thursday (Mar 27), as President Donald Trump’s latest tariff gambit sent auto stocks into a…
Business
Meta’s Asia-Pacific chief quits after a decade-long growth spurt
Meta Platforms is losing its senior-most business executive for the Asia-Pacific, an industry veteran who shepherded some of the social…
Business
SingPost completes A$1 billion sale of Australian business
The divestment generated A$781.5 million in gross proceeds and an estimated gain of S$289.5 million Singapore Post (SingPost) said on…
Business
STI hits new high on Thursday; up 0.5% amid mixed regional trading
Singapore stocks extended the week’s gains to end higher on Thursday (Mar 27), with the Straits Times Index (STI) hitting a new high…
Business
China, Hong Kong stocks shrug off new US tariff threat; tech, auto lead gains
The chip sector rallies 1.3%, while automobiles sub-index also reverses losses to climb up 0.9%, leading onshore markets higher China and…
Business
Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar
Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023,…
Business
SK Hynix says some customers brought forward orders ahead of US tariffs
South Korea’s SK Hynix, the world’s second-largest memory chipmaker, said on Thursday (Mar 27) that some customers have brought forward…
Business
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal…
Business
Foxconn plans EV event in Japan to woo manufacturers: sources
Foxconn is set to hold a seminar in Japan on April 9 to lay out its strategy on electric vehicles, two sources with direct knowledge of…
Business
Turkey says Chery Auto’s partners to invest US$1 billion in plant to make 200,000 cars a year
[ANKARA/BEIJING] Turkey said on Wednesday (Mar 26) that Chery Automobile’s partners will invest US$1 billion in a manufacturing facility…
Business
UOB set to issue US$2 billion in dollar-denominated notes across 3 tranches
UOB is set to issue US$2 billion (S$2.7 billion) in a three-tranche US dollar-denominated senior bond offering, it said on Thursday (Mar…
Business
Paragon Reit unitholders to vote on proposed privatisation on Apr 22
Unitholders will vote on the proposed privatisation of Paragon Reit in an extraordinary general meeting (EGM) and scheme meeting on Apr…
Business
China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…
Business
Distressed Cathay Cineplexes to shutter JEM outlet on Thursday as landlord ends lease
Struggling cinema chain Cathay Cineplexes will wind down business operations at its JEM outlet in Jurong East on Thursday (Mar 27). This…
Business
OpenAI nears record US$40 billion funding round led by SoftBank
OpenAI is close to finalising a US$40 billion funding round led by SoftBank Group – with investors including Magnetar Capital, Coatue…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
Xpeng may add EV output in Europe, Latin America in growth push
Chinese electric vehicle (EV) maker Xpeng is looking to ramp up its global expansion, including investing in manufacturing plants and…
Business
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.…
Business
Europe: Shares end lower as US tariff deadline looms
European shares closed lower on Wednesday (Mar 26), dragged by technology and healthcare stocks, while investors remained concerned about…
Business
X ad sales expected to grow for first time since Musk deal
Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to…
Business
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector…