Business
Singapore shares rise as tariff concerns fade; STI up 0.4%
Across the broader market, gainers beat losers 352 to 186, after 1.3 billion securities worth S$1.1 billion change hands BUOYED by fading…
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
US Federal Reserve releases its Wall Street bank stress-test plans
THE US Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and…
Business
CapitaLand China Trust’s H2 DPU falls 12% to S$0.0264
THE manager of CapitaLand China Trust (CLCT) on Thursday (Feb 6) posted a 12 per cent decline in distribution per unit (DPU) to S$0.0264…
Business
Stocks to watch: SGX, CLCT, CapitaLand China Trust, Frasers Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 6): Singapore Exchange: The…
Business
SGX’s H1 net profit rises 20.7% to S$340 million
Cash equities and equity derivatives segment leads the group’s broad-based performance THE Singapore Exchange (SGX) on Thursday (Feb 6)…
Business
SoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said. The Japanese company is discussing…
Fashion
Shein vendors fear thin margins will vanish under new US Postal Service rules
THE US Postal Service’s flip-flop on inbound international packages from China and Hong Kong is throwing Chinese retailers that sell on…
Unsorted
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model…
Business
Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous…
Business
Vanguard’s record fee cuts tighten screws on BlackRock, Invesco
VANGUARD Group’s biggest salvo yet in its campaign to cut fees for the investing masses presents industry rivals with a painful choice.…
Business
US: Nasdaq, S&P 500 open lower as Alphabet, AMD forecasts disappoint
THE tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday (Feb 5), following downbeat forecasts from…
Business
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.…
Business
CapitaLand Malaysia Trust to buy three freehold industrial properties in Johor-Singapore SEZ for RM72 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Wednesday (Feb 5) signed a conditional agreement to acquire…
Business
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty…
Business
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover…
Business
GSK plans £2 billion share buyback, boosts long-term outlook
GSK plans to buy back £2 billion (S$3.4 billion) of shares as it raised its long-term growth outlook on optimism around its drug pipeline.…
Business
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the…
Business
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with…
Business
Thailand to roll out next phase of handout scheme in Q2, plans more stimulus
So far about 17.5 million people have received payments since it started last September THAILAND’S government will implement the third…
Business
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
Unsorted
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI)…
Business
Coinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies…
Business
Keppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3…
Business
Nissan calls off Honda merger talks
Japan’s Nissan has called off merger talks with rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the…