Business
Jollibee shares jump after foreign ownership limit scrapped
SHARES of Jollibee Foods climbed more than 5 per cent on Thursday (Feb 13) after the Philippines’ top restaurant operator said it has…
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
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Unsorted
Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and…
Unsorted
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine…
Business
Nissan and Honda set to update on relationship after merger talks stall
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidate NISSAN…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…
Business
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the…
Business
Sorry, T-bills. It’s time now to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and…
Business
Sorry, T-bills. It’s time to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and…
Business
Trust Account Secrets: What Banks Don't Tell You
Trust banking might sound like a boring topic, but it’s actually pretty important. It’s all about managing your money and assets in a way…
Unsorted
Hollywood writers say AI is ripping off their work. They want studios to sue
When the Writers Guild of America approved a contract with major studios in 2023, ending a 148-day strike, the union became the first…
Business
Thomson Medical incurs net loss of S$12.9 million for H1 2025
HEALTHCARE provider Thomson Medical has posted a net loss of S$12.9 million for the first half of its 2025 fiscal year ending Dec 31,…
Business
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns…
Business
iFast Q4 net profit up 46.3% to S$19.3 million
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth…
Business
Alibaba becomes China’s new AI darling with US$87 billion rally
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting new life into…
Business
Digital Core Reit H2 DPU up 1.1 per cent to US$0.018
DIGITAL Core Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2024,…
Business
Hanwha Group’s Pinetree Securities joins Alta Exchange as member firm
PINETREE Securities, the Singapore-based unit of South Korea’s Hanwha Investment & Securities, has joined Alta Exchange as a member firm.…
Business
Singapore shares track regional gains; STI up 0.4%
Across the broader market, gainers outnumber losers 347 to 186 after 1.9 billion securities worth S$1.5 billion change hands SINGAPORE…
Business
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as…
Business
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter…
Business
ABS introduces digital tool for banks to verify trade financing documents
BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of…
Business
South Korea’s Mint halts gold bar sales as supply tightens
SOUTH Korea’s Mint has temporarily suspended sales of gold bars, adding to signs of widespread tightness across markets for physical…
Business
Malaysia’s Sarawak now gets its own airline in autonomy quest
Sarawak will sign a sales and purchase agreement on Wednesday to acquire MASwings MALAYSIA’S Sarawak state will acquire a sister company…