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…
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
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…
Business
China weighs injecting 1 trillion yuan of capital into top banks
CHINA is considering injecting up to 1 trillion yuan (S$183 billion) of capital into its biggest state banks to increase their capacity to…
Business
RBNZ says bank capital rules just one part of lending decisions
NEW Zealand’s central bank has defended its position on bank capital requirements after claims they may be contributing to a lack of…
Business
Australia central bank warns households against over-borrowing once rates fall
AUSTRALIA’S central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking a…
Business
Bank of Japan policymakers divided on future rate hike pace, July minutes show
BANK of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the bank’s July…
Business
Citibank to close last branch in Singapore in October amid shift to wealth hubs
CITIBANK will close its last branch in Singapore as it focuses on serving customers online and advising affluent clients at its wealth…
Business
Blackstone confirms £10 billion investment in Britain for AI data centre
US PRIVATE equity firm Blackstone has confirmed a £10 billion (S$17.2 billion) investment for an artificial intelligence data centre in…
Business
UK car production falls for sixth straight month in August
BRITISH car productions fell for the sixth consecutive month in August, a traditionally lower output month affected by summer shutdowns…
Business
Meta debuts Orion AR glasses as eventual smartphone rival
META Platforms debuted its first pair of augmented reality (AR) glasses – devices that show a combined view of the digital and physical…
Business
Oil falls on easing Libya supply concerns, lingering China demand worries
OIL prices slumped over 2 per cent on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite…
Business
US: Dow, S&P 500 retreat from records ahead of inflation data
THE Dow and S&P 500 fell on Wednesday, retreating from records amid a banner period for markets ahead of key US inflation data. Analysts…
Business
Micron soars after AI computing demand bolsters forecast
MICRON Technology, the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit…
Unsorted
Singapore’s high costs, Asia demand-supply gap see closure of US firm SI Group’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the Americas CHEMICALS company SI Group…