Business
Trust Bank rolls out anti-scam feature money lock
Trust Bank announced the roll-out of its money lock feature, Trust Lock, for customers on Wednesday (Mar 26). This allows Trust customers…
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
Couche-Tard sees strong interest in US stores for Seven & I deal
[MONTREAL, TOKYO] Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be…
Business
China floods the world with AI models after DeepSeek’s success
DeepSeek did more than just show the artificial intelligence (AI) industry that you do not have to spend billions to build AI. It fired up…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
Airlines booking jet repairs years in advance shows supply pain
Airlines are booking in their planes for maintenance years ahead of time in order to secure a slot as supply chain issues crimp the…
Business
OCBC group chief executive Helen Wong’s pay in FY2024 up 5.8% to S$12.8 million
OCBC group chief executive officer Helen Wong received S$12.8 million in total remuneration for the financial year ended December, up 5.8…
Unsorted
Apple poised to unveil new software at Jun 9 developers event
Major enhancements and improvements to the company’s AI features are not expected until later Apple plans to hold its annual Worldwide…
Business
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, after…
Business
US: Wall St opens slightly higher after Trump-led rally
Wall Street’s main indexes edged up on Tuesday (Mar 25) as investors assessed implications of impending reciprocal tariffs on the heels of…
Business
Haidilao operator Super Hi back in the red with US$11.6 million loss in Q4
SUPER Hi International, the operator of hot pot restaurant Haidilao, recorded a net loss of US$11.6 million for the fourth quarter ended…
Business
Cold Storage, Giant in Singapore to focus on ‘superior’ customer service, elevated offerings: buyer Macrovalue
As the acquirer reaps economies of scale from larger import volumes, consumers can expect cheaper prices and a wider range of products in…
Business
Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary
Nanofilm Vacuum Coating (Shanghai), a wholly owned subsidiary of mainboard-listed Nanofilm Technologies, has obtained a 50 million yuan…
Business
Size and sponsor matter for investors in new S-Reit listings, say observers
One analyst notes that many are wary of locally listed Reits with foreign assets, due to higher cost of capital and potential market…
Business
BlackRock debuts Bitcoin exchange-traded product in Europe
The European instrument is BlackRock’s first foray into crypto-linked ETPs outside of North America BlackRock, the world’s largest asset…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…
Culture
Filmgarde Cineplexes shuts down last outlet at Kallang, exits industry
Home-grown independent cinema Filmgarde Cineplexes has shut down its last remaining outlet at Leisure Park Kallang, marking its official…
Business
Tesla’s EU sales plunge 49% year-on-year in first two months of 2025: industry body
European sales of Tesla electric cars dropped 49 per cent in January-February compared with the same period a year earlier, the ACEA…
Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend of following its divestment of its Singapore food business to South-east Asian retail…
Business
Cold Storage, Giant customers can expect cheaper products, more variety after takeover, buyer says
Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale…
Business
Indonesian rupiah falls to lowest since Asian financial crisis
The central bank has repeatedly intervened in the markets this year, while the government implemented a rule forcing commodity exporters…
Business
Cathay Pacific will comply with stricter rules on power banks
Cathay Pacific Airways has been forced fall into line with its airline peers on rules governing portable power banks after the Hong Kong…
Business
StanChart boosts private credit presence with new hires in India
The bank has also appointed Ankit Dokania as director for the same team, and S Siddharth as executive director for private and traded…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that…