Business
Asia: Hong Kong, Shanghai extend surge as China optimism boosts markets
HONG Kong and Shanghai ploughed on with their China-fuelled rally on Friday on hopes that Beijing will press on with new plans to boost…
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.
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Business
Arm rebuffed by Intel after inquiring about buying product unit
ARM Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business is not…
Business
Stocks to watch: CapitaLand Integrated Commercial Trust, UOL, SingLand, Amos
THE following companies saw new developments that may affect trading of their securities on Friday (Sep 27): CapitaLand Integrated…
Business
Federal Reserve’s Cook says she ‘wholeheartedly’ supported half-point rate cut
FEDERAL Reserve Governor Lisa Cook on Thursday endorsed the US central bank’s 50-basis-point interest-rate cut last week as a way to…
News
Super Micro plunges as prosecutor reviews accounting claims
SUPER Micro Computer fell the most in a month on a report that the US Justice Department is looking into an ex-employee’s claims that the…
Business
Europe: Stoxx 600 clocks all-time closing high on China stimulus boost
EUROPEAN shares jumped on Thursday, with China-exposed stocks such as luxury and miners outperforming on news of aggressive Chinese…
Business
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and…
Business
Swatch CEO says no take-private plans underway as shares soar
SWATCH Group chief executive officer Nick Hayek said there are no plans underway to take the watchmaker private, although it’s something…
Business
Swatch CEO says ‘nothing new’ in buyout talk lifting stock
SWATCH Group chief executive officer Nick Hayek said that it’s “pure speculation” that the company is considering going private now,…
Business
CICT’s preferential offering closes with 82% valid acceptances
CAPITALAND Integrated Commercial Trust (CICT) received valid acceptances of 82 per cent at the close of its preferential offering on…
Business
China’s August net gold imports via HK lowest in over 2 years
China’s monthly net gold imports via Hong Kong dropped 76 per cent to their lowest level in more than two years in August, data showed on…
News
World coffee, sugar prices surge as drought-hit Brazil awaits rains
WORLD coffee and sugar prices surged to new highs on Thursday (Sep 26) as investors remained focussed on drought-hit Brazil, the top…
Business
Commerzbank to begin talks with UniCredit as it woos investors with profit goals
Commerzbank will hold a first round of talks with UniCredit on Friday (Sep 27) as the Italian lender presses for a possible tie-up, the…
Unsorted
We went to a gala for AI-produced movies. Here's what we saw
SAN FRANCISCO — San Francisco Film Commission Vice President Jack Song has been to many Hollywood movie premieres before, but this was a…
Business
Singapore stocks continue to falter, bucks regional trend; STI down 0.03%
THE Straits Times Index (STI) fell on Thursday (Sep 26), bucking regional indices which registered gains. The STI was down 0.03 per cent…
Business
Olympics caterer Sodexo mulls acquisition of Aramark
FRENCH food catering company Sodexo has been exploring a potential acquisition of US rival Aramark as it seeks growth overseas, sources…
Unsorted
World’s most popular vegetable oil is no longer the cheapest
Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers and plentiful supply…
Business
Asia jet-maintenance crunch is set to persist, repair firm warns
ASIA’S rapidly expanding airlines may face long waits to have their aircraft repaired and maintained amid surging demand, one of the…
Business
Foreign investors cheer China's stimulus from a distance
As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the US$114 billion…
Business
UOL, SingLand in preliminary talks to acquire half stake in Sydney building
PROPERTY developers UOL and Singapore Land (SingLand) are in preliminary confidential discussions with an unnamed party on the potential…
Business
Japan’s NTT Group considers data centre Reit IPO in Singapore
JAPAN’S Nippon Telegraph & Telephone (NTT) is considering listing a global data centre real estate investment trust (Reit) in Singapore,…
Business
Asia: Markets boosted by tech rally, traders eye US inflation
TECH firms led an Asian market rally on Thursday on renewed optimism about demand for AI equipment following a strong earnings outlook…
Business
Vietnam says SpaceX’s Starlink plans US$15 billion investment
SPACEX is proposing to invest US$15 billion in Vietnam tied to its Starlink satellite service in the near future, the South-east Asian…
Business
Vietnam says Musk’s SpaceX plans US$15 billion Starlink investment
ELON Musk’s SpaceX plans to invest US$15 billion in Vietnam in the near future, the government of the Communist-run nation said on…