Business
Raffles Medical executive chairman expands interest; First Reit independent director cashes in
Institutions were net sellers of Singapore stocks over the five trading sessions spanning Sep 20 to 26, with S$54 million of net…
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
Apple drops out of talks to join OpenAI investment round: WSJ
APPLE has left negotiations to participate in an OpenAI funding round expected to raise about US$6.5 billion, the Wall Street Journal said…
Business
Canada’s high-yield bond market is suddenly the hottest in years
THE often-overlooked Canadian high-yield debt market is having a moment, as companies pile in to sell debt and investors look to lock in…
Business
OpenAI sees US$11.6 billion revenue next year, offers Thrive chance to invest again in 2025
THRIVE Capital is investing more than US$1 billion of OpenAI’s current US$6.5 billion fundraising round, and it has a sweetener no other…
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Binance founder Zhao released from US custody: Bloomberg
BINANCE founder Zhao Changpeng was released from a correctional facility in California on Friday (Sep 27), Bloomberg News reported, citing…
Culture
Comcast unit sues Warner Bros for breach on TV show deals
COMCAST’S European Sky pay-television unit sued Warner Bros, alleging the film and TV company breached an agreement to share co-production…
Business
OpenAI is growing fast and burning through piles of money
OPENAI, the San Francisco startup behind ChatGPT, has been telling investors that it is making billions from its chatbot and that it…
Business
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent…
Business
Dollar weakens after inflation data, yen surges on Ishiba win
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened…
Business
US: Dow closes at record high as tame inflation report also lifts small caps
THE blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve…
Business
China-linked stocks climb on bevy of stimulus measures
US-LISTED shares of Chinese firms and China-focused funds jumped on Friday (Sep 27) and are set for another day of strong gains, aided by…
Business
News Corp-owned REA sweetens takeover offer for UK's Rightmove to US$8.3 billion
AUSTRALIA’S REA Group, owned by Rupert Murdoch controlled-News Corp, bumped up its takeover bid for Rightmove to £6.2 billion (S$10.6…
Business
Australia's Star plunges after US$1.2 billion loss; responds to show-cause notice
SHARES in Australian casino operator Star Entertainment slumped more than 50 per cent to a record low on Friday (Sep 27), as it resumed…
Business
Construction companies must dig deeper to improve productivity amid rising temperatures
Besides focusing on worker safety, they can also look at quantifying impact of heat on productivity AS RISING temperatures impede the…
Business
UBS in talks to form Indian minority-owned wealth joint venture, sources say
This may be the second country in the Asia-Pacific region where UBS enters an equity partnership with a local player UBS has been in talks…
Business
Broader market continues rally despite index heavyweights weighing down the STI
THE Straits Times Index (STI) closed lower on Friday (Sep 27) as regional indices showed mixed results. The STI was down 0.3 per cent or…
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Column: Desperate for good news about climate change? Consider the pace of clean energy growth
Climate change has been viewed almost universally as a burden, a hot potato to be passed from country to country at annual climate change…
Business
Southern California's hottest commercial real estate market is for tenants that aren't human
Where Wilshire Boulevard begins in downtown Los Angeles, thousands of miles of undersea fiber-optic cables disappear into an…
Business
Malaysia’s Sarawak state secures largest stake in Affin Bank
MALAYSIA’S Sarawak state has emerged as the largest shareholder in Affin Bank after finalising a long-delayed deal to acquire additional…
Business
Nikkei rallies 2% on softer yen, Japan leadership tussle in spotlight
JAPAN’S Nikkei share average rallied more than 2 per cent on Friday (Sep 27), buoyed by further softening of the yen as markets closed…
Unsorted
Pop Mart toys fuel 150% rally in bright spot for China consumer
CHECKING out the latest arrivals in a Pop Mart store near their apartment has become a weekend routine for 34-year-old Shanghai resident…
Business
Iron ore rallies back above US$100 as China’s shift boosts outlook
Futures are on course for the highest close since August, rising 3.5 per cent to US$101.95 a tonne in Singapore IRON ore headed for the…
Business
Medco Energi in talks to buy controlling stake in Senoko: sources
Medco Energi Internasional is in exclusive talks to buy a controlling stake in Senoko Energy, according to people with knowledge of the…
Business
Hot stock: Wilmar hits near 5-month high amid heavy trading
The counter remains one of the most actively traded counter in terms of volume with 12.9 million shares transacted SHARES of Wilmar…