Business
Singapore stocks fall as regional bourses end mixed; STI down 0.2%
Across the broader market, decliners beat advancers 340 to 261, after 1.3 billion shares worth S$1.3 billion change hands SINGAPORE shares…
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
7-Eleven owner seeking to sell off part of stake in banking unit
SEVEN & i Holdings, the convenience-store operator facing a takeover approach from Canada’s Alimentation Couche-Tard, is exploring the…
Unsorted
Adani Group to supply clean energy for Google’s India cloud operations
INDIA’S Adani Group will supply clean energy to power Google’s cloud services and operations in India, the ports-to- power conglomerate…
Business
SoftBank’s Masayoshi Son envisions AI running households in next few years
SOFTBANK Group founder Masayoshi Son sketched out one of the most aggressive timelines for the adoption of artificial intelligence (AI)…
Business
US-listed KLA completes phase one Singapore expansion, moving to add another 400 new jobs in next phase
SEMICONDUCTOR process control and yield management solutions provider KLA expects to complete the second phase of its expansion in…
Business
eSIM platform Truely concludes US$3.5 million fundraise led by 1982 Ventures
It intends to use the funds to expand its offerings, including developing business-to-business services for travel operators and airlines…
Business
Singapore shares open higher on Thursday; STI up 0.2%
SINGAPORE shares began Thursday (Oct 3) trading in positive territory, after global markets had mixed performances. As at 9.02 am, the…
Business
Elite UK Reit applies to develop 80 MW data centre campus in Blackpool
ELITE UK Real Estate Investment Trust’s (Reit) manager has submitted a planning application to develop a new 80-megawatt (MW) data centre…
Business
Crypto asset manager Bitwise files for XRP ETP with securities regulator
CRYPTO asset manager Bitwise has filed an initial registration statement with the US Securities and Exchange Commission (SEC) for an…
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Yen closes out worst day since 2022 as rate-hike hopes dim
THE yen suffered its biggest drop in more than two years after Japan’s new prime minister, Shigeru Ishiba, jolted currency markets by…
Business
SEC appeals US$125 million judgment in Ripple Labs XRP lawsuit
THE US Securities and Exchange Commission (SEC) appealed a court decision ordering Ripple Labs to pay a US$125 million civil penalty for…
Business
ECB momentum for an October rate cut is looking unstoppable
AN INTEREST rate cut that European Central Bank (ECB) officials deemed unlikely just three weeks ago now seems a near certainty when they…
Business
BMW rules out investing in new Northvolt funding round
BMW is unwilling to invest more in Northvolt, the cash-strapped battery maker that’s seeking fresh funds to stabilise its finances,…
Business
Microsoft to make 4.3 billion euros AI, cloud investment in Italy
MICROSOFT plans to invest 4.3 billion euros (S$6.1 billion) over the next two years to strengthen its artificial intelligence (AI) and…
Business
Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial…
Business
Starbucks new CEO wastes no time in overhauling executive ranks
STARBUCKS’ new chief executive officer Brian Niccol is wasting no time rearranging the company’s top ranks, undoing some leadership…
Business
GIC agrees to buy 25% stake in EQT-backed waste company Reworld
The waste solutions provider serves municipal, residential, commercial and industrial customers in North America SINGAPORE’S sovereign…
Business
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of…
Business
Japan’s US$4 trillion ‘carry trade’ begins to slowly unwind
JAPAN’S investors are starting to lose their decades-long infatuation with overseas assets. In the first eight months of the year,…
Business
UK's JD Sports shrugs off Nike woes with multi-brand approach
Other labels such as Adidas, On and Hoka are helping the company outperform the market, chief executive says BRITISH sportswear retailer…
Business
Hong Kong equities soar on China stimulus; property, financial stocks lead rally
CHINESE property and financial companies led rally in Hong Kong stocks on Wednesday (Oct 2), as Beijing’s stimulus measures and easier…
Business
S$67 billion: That’s the value of gold, silver in Singapore’s Fort Knox when fully stored
Storage facilities are enjoying a gold rush as the rich turn to physical bullions amid geopolitical turmoil DEMAND for special storage…
Business
Dyson, Shein, Ninja Van layoffs: What rights do workers have when the axe falls?
A SURPRISE move on Oct 1 by consumer electronics giant Dyson to retrench staff has put the topic of layoffs in the spotlight again. A…
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Shopee-linked jet, social media posts: Unpacking the controversies around Jokowi’s family
Allegations snowball amid concerns of dynasty-building, with the spotlight on Shopee – a Singapore firm – and its Indonesian investments…