Business
US East Coast dockworkers head toward strike after deal deadline passes
DOCKWORKERS on the US East Coast and Gulf Coast were expected to strike on Tuesday morning after a midnight deadline passed with no sign…
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
Ringgit’s surge pressures Singapore shoppers and Malaysians working across borders
Observers say it could continue strengthening, but that a return to below the 3.00 level against the Singdollar is unlikely The Malaysian…
Business
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited…
Business
Venture Corp appoints Wong Chee Kheong as group CEO
TECHNOLOGY company Venture Corporation has named Wong Chee Kheong, 62, as its group chief executive officer (CEO) effective Nov 1. In his…
Business
Stocks to watch: Japfa, Keppel, Mapletree Industrial Trust, Venture, CapitaLand Ascott Trust, QAF
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 1): Source link
Business
CapitaLand Ascott Trust to acquire lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
CapitaLand Ascott Trust to buy lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s…
News
Epic Games sues Google and Samsung over app store
“FORTNITE”-MAKER Epic Games is suing tech giants Google and Samsung, it announced on Monday, accusing them of illegally colluding to block…
Business
Jeep owner Stellantis warns of fire risk in 200,000 plug-in SUVs
STELLANTIS warned that nearly 200,000 plug-in hybrid Jeep SUVs worldwide may be at risk of catching fire. The carmaker is recalling…
Business
F&B counters still whet investor appetite amid privatisation deals
The thirst for yield has drawn interest from private equity, which can provide a further boost to growth SINGAPORE-LISTED food and…
Business
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst…
Business
Lagarde backs bank mergers as ECB prepares for UniCredit verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the eurozone, saying they…
Business
Thai Air plans US$1.3 billion share sale to complete debt revamp
Thai Airways International plans to issue new shares worth at least US$1.3 billion to creditors and other investors by December, a major…
Business
US: Wall St opens lower as investors await economic data, Powell's comments
Wall Street’s main indexes opened lower on Monday (Sep 30) as investors paused after a rally in the previous week and exercised caution…
Unsorted
Euro nudges higher; China stimulus boosts Aussie and kiwi
THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s…
Business
Indonesia’s Bank Mandiri backs new coal power plant with US$1.27 billion financing
The financing comes at a time when Indonesia is striving to reduce coal consumption and transition to renewable energy Bank Mandiri – the…
Business
Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove
RIGHTMOVE’S shares dropped 8 per cent on Monday (Sep 30) after Rupert Murdoch’s REA Group ended its US$8.29 billion takeover pursuit…
Business
Japfa fails to buy targeted maximum number of shares under equal access scheme
Shareholders will be entitled to sell to the company up to 9 per cent of shares held in their name JAPFA managed to purchase only 76.3 per…
Unsorted
Britain’s biggest steel works to end production after 100 years
BRITAIN’S biggest steelworks will end production later on Monday (Sep 30), when the final blast furnace at Port Talbot in Wales will close…
Business
China’s central bank buys 200 billion yuan of sovereign bonds in September
THE Chinese central bank said on Monday (Sep 30) that it had bought 200 billion yuan (S$36.5 billion) of the country’s government bonds in…
Unsorted
Careful not to stifle innovation, Newsom hesitates on major tech bills
SAN FRANCISCO — Backstage at one of the largest artificial intelligence conferences in the world, Gov. Gavin Newsom listened to two…
Business
Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain…
Unsorted
MAS, Temasek executives among new members appointed to HDB’s board
Those serving new terms hail from diverse backgrounds with experience in different sectors and professional fields THE Housing and…