Unsorted
China’s oil teapots rocked by tax rules that threaten closures
CHINA’S smaller, independent oil refineries are getting squeezed by a stricter tax regime, which could accelerate shutdowns in the…
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
Yangzijiang Shipbuilding dives further after US proposed fees for Chinese-built ships
SHARES of maritime vessel maker Yangzijiang Shipbuilding tumbled further on Tuesday (Feb 25) in early trade, after the US Trade…
Business
Bank of Korea cuts rate to boost demand as Trump tariffs cast shadow
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political turmoil and…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million
GREAT Eastern on Tuesday (Feb 25) reported a net profit of S$134.8 million for the fourth quarter ended Dec 31, down 14 per cent from…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell…
Business
PropNex H2 profit down 14.9% at S$21.9 million; proposes special S$0.025 per share anniversary dividend
REAL estate agency PropNex reported a 14.9 per cent year-on-year fall in net profit for its second half ended Dec 31 to S$21.9 million,…
Business
Zoom issues dour revenue forecasts as demand slows
ZOOM Communications forecast revenue for the full year and the first quarter below Wall Street estimates on Monday as the company…
Business
Australian regulator pushes market operator ASX on fee transparency, competition
AUSTRALIA’S corporate regulator said on Tuesday the country’s stock market operator would be required to publish a comparison of clearing…
Business
Intel says new ASML machines are in production, with positive results
INTEL on Monday said that the first two cutting-edge lithography machines from ASML Holding are “in production” at its factories, with…
Business
Chevron reorganises business structure, reshuffles leadership
CHEVRON said on Monday it would reorganise some of its business structures and reshuffle the leadership team, the latest move by the US…
News
Dramatic Video Shows American Airlines Flight Escorted by Italian Military Jets After Bomb Scare
A New York to Delhi American Airlines flight was diverted to Rome on Sunday after an alleged bomb threat. The Boeing 787-9 Dreamliner was…
Business
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the…
Business
Yangzijiang Financial H2 earnings soars to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an…
Business
Apple plans Texas factory for AI servers, 20,000 research jobs
APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial…
Business
Apple plans US$500 billion in US investment, 20,000 research jobs in next four years
APPLE said on Monday (Feb 24) it would spend US$500 billion in US investments in the next four years that will include a giant factory in…
Business
Singapore shares slide on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities…
Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut about 4,000 of its contract and temporary staff workforce over the next three years as artificial…
Business
SGX shares climb more than 5% after MAS review group unveils plans to boost stock market
Initiatives include a S$5 billion Equity Market Development Programme to strengthen the fund management ecosystem Shares of the Singapore…
Business
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.…
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PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Business
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
Indonesia has officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multibillion-dollar initiative designed…
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Franchise Dreams: 7 Steps to Clone Your Success
Thinking about franchising your business? It’s a big leap, but it could be the perfect way to grow your brand and reach new markets.…
Business
WiseTech board quits as founder Richard White wins power struggle
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every…