Business
Stocks to watch: CapitaLand Ascendas Reit, Golden-Agri, ComfortDelGro, Prime US Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 15): CapitaLand Ascendas Reit:…
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
Tesla, Rivian drop on report Trump wants to end EV credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at…
Business
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed oversupply concerns…
Business
Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room…
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France vs Israel Live Streaming: How to Watch the UEFA Nations League Match Online in the US, UK and India
France will host Israel at Paris' Stade de France on Friday, November 15, 2024, in the UEFA Nations League A Group A2 matchup. France,…
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Belgium vs Italy Live Streaming: How to Watch the UEFA Nations League Match Online in the US, UK and India
High-flying Italy, aiming to secure a top spot in UEFA Nations League Group A2, will put their ambitions to the test against a struggling…
News
Gossip Girl Actress Chanel Maya Banks Found Safe After Mysteriously Disappearing for Two Weeks
Actress Chanel Maya Banks, known for her roles in Gossip Girl, Blue Bloods, and Twelve, has been found safe after vanishing from her Los…
Culture
Offer for Broadway Industrial Group turns unconditional
THE mandatory cash offer made by engineering solutions provider Patec Group to acquire all the shares of manufacturer Broadway Industrial…
Business
Merck snags Chinese cancer drug for up to US$3.3 billion
MERCK & Co licenced an experimental cancer antibody from a closely held Chinese company in a deal worth US$588 million upfront, plus as…
Business
The UnderDog Innovator Behind One of Asia's Earliest AML Compliance Solutions
In the early 2010s, the financial landscape was in flux. Cybercrime, especially money laundering, was on the rise, forcing banks to…
Business
Prime US Reit Q3 distributable income falls to US$8.5 million
PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said…
Business
Golden Agri-Resources posts lower underlying profit of US$91 million for Q3
PALM oil producer Golden Agri-Resources (GAR) posted an 18 per cent lower underlying profit of US$91 million for the third quarter of the…
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India’s top clean energy agency weighs criminal proceedings against Reliance Power
This comes as the company looks to expand into the domestic and overseas renewable energy sector INDIA’S top renewable energy agency has…
Business
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and…
Business
Income Insurance and Allianz say their deal is still alive despite government veto
INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions over a deal to acquire a majority stake in…
Business
LVMH moves Alexandre Arnault to HQ, fueling succession talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury…
Business
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital…
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Australia's Woolworths, Coles face class action over dodgy discount claims
The new class action tightens pressure on the sector reeling from a cost-of-living crisis An Australian consumer protection law firm has…
Business
Emperador Q3 net profit falls 52.2% to 981 million pesos
PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4…
Business
Aviva posts 15% rise in 9-months general insurance premiums
BRITISH insurer Aviva posted a 15 per cent rise in general insurance gross written premiums for the first nine months of the year to £9.1…
Business
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market.…
Business
Aircraft lessors to continue to be impacted by scale and consolidation
Providing the right amount of value relative to other asset classes is a challenge for lessors THE benefits of scale and the impact of…
Business
Japan Foods sinks into the red with H1’s S$1.6 million net loss on higher operating costs
JAPAN Foods logged a S$1.6 million net loss for its first half ended Sep 30, versus a profit of S$81,000 for the same period in the year…