Why BYD faces a raft of troubles
Since authorities earlier this year stepped up scrutiny of the bruising price war in China that helped fuel the group’s rise, its sales momentum has stalled BYD has spent the last five…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT…
Letitia James: New York Attorney General Indicted on Fraud Charges after Trump's Pressure as She Calls It President's 'Political Retribution'
New York Attorney General Letitia James was indicted on Thursday by a federal grand jury in Virginia on charges of bank fraud and providing false information to a financial institution,…
ComfortDelGro’s quiet tech play and why it’s not sweating GrabCab
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market Within just a decade, Grab has gone full circle from an entrant challenging incumbent taxi…
ComfortDelGro’s quiet tech play and why it’s not sweating GrabCab’s taxi move
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market Within just a decade, Grab has gone full circle from an entrant challenging incumbent taxi…
‘The talent is there’: Is Singapore’s push for board diversity turning a corner?
Progress has been made, but questions remain over whether inclusion is now structural or still symbolic With women occupying barely a quarter of board positions in the largest…
US to Assign 200 Troops to Oversee Gaza Ceasefire with Hamas after Trump's Peace Deal but No American Soldier Will Enter Gaza
President Donald Trump will assign 200 American troops already stationed in the Middle East to assist Israel and help oversee the Gaza peace agreement, according to U.S. officials. The…
Thai stock exchange mulls relaxing rules to boost market liquidity and new listings
SET expects a stronger, more stable government after elections to implement effective economic policies The Stock Exchange of Thailand (SET) is considering easing some of its rules to…
St. Cloud Priest Accused of Having Sexual Contact with Woman While Acting as Her Spiritual Adviser
A former Catholic priest with the St. Cloud Diocese has been accused of sexual misconduct with a woman while being her spiritual adviser. Aaron John Kuhn, 47, of Wadena, was charged with…
Woman, 60, Dies After Haunted Mansion Ride at Disneyland in Anaheim
A 60-year-old woman has died at Disneyland shortly after taking a ride on the Haunted Mansion, one of the park's most iconic attractions. The incident took place on Monday, Oct. 6 at the…
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for artificial-intelligence data centres Delta Electronics (Thailand)…
Texas Woman Who Previously Shot Her Fiancé To Death, Found Guilty of Killing 5th Husband with Insulin Overdose
A Texas woman was convicted this week of killing her diabetic husband in 2023 through neglect as he suffered from an insulin overdose. A jury found Sarah Jean Hartsfield, 50, guilty of…
Asia: Markets limp into weekend as AI bubble fears grow
Gold has since pulled back, helped by a breakthrough in Gaza peace talks and a strengthening US dollar Asian equities staggered into the weekend on Friday (Oct 10) following a mixed week…
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the rest of the world Vietnamese conglomerate Vingroup is…
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to improved glove demand and cost efficiency Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian glovemaker posted its…
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as much as 7.8 per cent on Friday (Oct 10) morning…
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class records an improvement on the Q1 return Private markets delivered their strongest aggregate returns since 2021 in the second quarter of…
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold edged higher on Friday (Oct 10) and headed for…
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday (Oct 10) announced that it had received a…
Culture wars, text message controversy take center stage in Virginia gubernatorial debate
The sole gubernatorial debate between Lt. Gov. Winsome Earle-Sears and former Rep. Abigail Spanberger quickly devolved into a fight over the disturbing text messages in which Democratic…
Stocks to watch: Seatrium, Thakral, Fu Yu, Capital World
The following companies saw new developments that may affect trading of their securities on Friday (Oct 10): Source link
László Krasznahorkai and Contemporary Europe’s Perilous Reality
In 2011, I wrote that reading László Krasznahorkai “is a little like seeing a group of people standing in a circle in a town square, apparently warming their hands at a fire, only to…
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight leash on SKUs, an industry term for inventory Levi…
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors After spending the past year shedding thousands…