Business
HSBC to close Raffles Place branch on Feb 28
The bank has three other wealth centres in the city-state HSBC Holdings will close a key retail branch in Singapore’s financial district…
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
HSBC to shut Raffles Place branch amid deeper push into wealth management
Holdings will close a key retail branch in Singapore’s financial district and open a wealth centre at the same building, as the lender…
Business
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Business
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions…
Business
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer Shares of Nam Cheong rose S$0.10 or 9.3 per cent in…
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Indonesia’s captive power plants putting energy transition at risk, researchers say
Efforts to decarbonise Indonesia’s power sector have been put at risk by a faster than expected increase in the number of off-grid coal…
Business
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said…
Business
Apollo took loss on zeroed out asset-backed loan deemed safe
Other investors have lost hundreds of millions of US dollars in recent years betting on e-commerce aggregators Apollo Global Management…
Business
STI breaks 4,900 amid expectations for Fed to hold rates steady
The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. As at 9.10…
Business
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation The US dollar still dominates global…
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Rahm Emanuel Wants to Bite the Hand of the Aged Beltway Establishment | National Review
He’s advancing the idea that one person’s wisdom garnered through age is another person’s calcified thinking. Source link
Business
UOL rises 6.7% after JPMorgan target price upgrade
Shares of UOL Group climbed on Tuesday (Jan 27) morning after JPMorgan raised its target price for the property developer on the back of…
Business
UOL rises 6.7% to highest price in over two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to its highest price in decades on Tuesday (Jan 27) morning after JPMorgan raised its target price for the…
Business
UOL up 7% at highest price in two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning after JPMorgan raised its target…
Business
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning, after JPMorgan raised its target…
Business
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
Starbucks chief executive officer Brian Niccol total compensation was US$31 million in fiscal 2025, a decline from the previous year when…
Business
VinFast teams up with Autobrains to develop low-cost self-driving tech
VinFast has partnered with artificial intelligence (AI) firm Autobrains to develop advanced autonomous driving technology, including a…
Business
China’s Anta Sports muscles in with US$1.8 billion move for 29.1% Puma stake
CHINA’S Anta Sports Products said on Tuesday it had agreed to buy a 29.06 per cent stake in German sportswear maker Puma from the Pinault…
Business
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market China’s biggest sportswear brand…
Business
Tether says it bought 27 tonnes of gold in fourth quarter
Tether, issuer of the world’s largest stablecoin, added about 27 tonnes of gold to its fund exposure in the fourth quarter of 2025, it…
Business
Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27): ST Engineering: The company…
Business
Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris Mizuho Financial Group has…
Business
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Saudi Aramco priced…
Business
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies Nvidia, the dominant maker of artificial…