Business
Chinese Courier SF Holding to start trading after HK$5.83 billion Hong Kong IPO
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major…
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
Dell reports sales that miss estimates on setback for PC market
DELL Technologies reported worse-than-expected sales after a budding revival in the personal computer (PC) market stalled out. Fiscal…
Business
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and…
Business
Dow offers investors a chance to diversify in US’ post-election upswing
WITH the Republican Party poised to take full control of the US government, the American stock market could be set for a bullish forecast.…
Business
India's Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s…
Business
Singapore Post in exclusive talks for Australia business sale
Singapore Post’s Australian business had posted a revenue of S$574.8 million in the half year ending Sept 30, up from S$398.8 million a…
Business
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink…
Business
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry minister…
Business
SingPost should quickly cut borrowings by divesting its non-core properties now
Over the past two years, the group has shuttered 12 post offices, leaving another 44 that are located at SLA properties, ground floors of…
Business
Maybank’s Q3 net profit rises 7.6% to 2.5 billion ringgit
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to 2.5 billion ringgit (S$770 million), up 7.6 per cent from 2.4…
Business
Maybank’s Q3 net profit rises 7.6% to RM2.5 billion
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to RM2.5 billion (S$770 million), up 7.6 per cent from RM2.4…
Business
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed…
Unsorted
Duo charged with false trading of EuroSports shares under Securities and Futures Act
Individuals convicted under this section of the Act face imprisonment of up to seven years, a fine not exceeding S$250,000, or both TWO…
Business
Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing…
Business
Hot stock: Yangzijiang Shipbuilding dips over 4% as volumes surge on married deals
It is the most highly-traded company in terms of volume as at Tuesday’s midday trading break SHARES of Yangzijiang Shipbuilding fell in…
Unsorted
China’s Huawei launches ‘milestone’ smartphone with homegrown OS
CHINESE tech giant Huawei on Tuesday (Nov 26) unveiled its first smartphone equipped with a fully homegrown operating system, a key test…
Business
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer…
Business
Australian stock exchange targets 2029 for phase two of trading software overhaul
AUSTRALIAN bourse operator ASX said on Tuesday (Nov 26) it aimed to implement the second phase of its clearing and settlement software…
Business
StanChart is front-runner as dollar settlement bank in India hub
STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades in India’s…
Business
Singapore stocks open lower on Tuesday; STI down 0.3%
SINGAPORE stocks started trading lower on Tuesday (Nov 26), following declines in other Asian markets after US President-elect Donald…
Business
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing…
Business
Barclays to add Singapore as private bank booking centre by 2026
BARCLAYS plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the…
Business
Trump crypto project gets US$30 million investment from Justin Sun
THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty…
Business
Bank of England suppressing debate on long-term rates, ex-policymaker says
BANK of England (BOE) governor Andrew Bailey is suppressing a critical debate about where interest rates will settle in a move that may…