Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and increased expectations for a US interest rate cut, while…
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.
Instagram-style Xiaohongshu hits US$31 billion value in GSR books
XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring the intense investor demand for a…
DHS ends deportation amnesty for Venezuelans
The Homeland Security Department announced the end of a years-old deportation amnesty for migrants from Venezuela, saying Wednesday that the program has become too much of a threat to…
KKR, Apollo fuel rush of private investment into Asia’s schools
Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education. The booming market is increasingly catching the eye of…
Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut
A bitcoin company tied to US President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday (Sep 3), valuing the sons’ stake at well over US$1.5…
Singapore’s snowballing cash levels are boosting local bonds
The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the highest in the region. The cost of borrowing in the…
Bill to ban lawmakers from trading stock wins unusual bipartisan alliance
An unusual alliance emerged in the House on Wednesday as lawmakers who agree on little else rallied support for a bill that would prohibit members of Congress and their families from…
Noem: Angola prison 'absolutely' chosen to hold immigrant detainees because of reputation
Federal authorities purposefully chose a notorious Louisiana prison to hold immigration detainees as a way to encourage people living illegally in the U.S. to self-deport, Department of…
Navy reverses demotion of Rep. Ronny Jackson, former White House doctor
Rep. Ronny Jackson announced that the Navy has restored his retired rank of rear admiral, overturning a 2022 demotion that followed a scathing investigation that found major issues with…
Federal Reserve officials, worried about jobs, muse on rate-cut prospects
SEVERAL Federal Reserve officials who spoke on Wednesday said labour market worries continue to animate their belief that rate cuts still lie ahead for the central bank. “I’ve been clear…
Apple plans AI-powered web search tool for Siri to rival OpenAI, Perplexity
Apple is planning to launch its own artificial intelligence (AI)-powered web search tool next year, stepping up competition with OpenAI and Perplexity AI. The company is working on a new…
Salesforce projects weak sales growth, fuelling AI anxiety
Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as quickly as hoped amid competition from emerging AI…
Republicans applaud progress from Trump's crime crackdown in D.C.
Republican lawmakers gathered Wednesday to celebrate President Trump's crime-fighting push in the District that has driven down killings, carjackings and muggings during the month-long…
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had sparked risk-off sentiment in the previous session.…
Alphabet's stock climbs after judge rules Google won't be forced to sell Chrome
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online search. On Tuesday, U.S. District Court Judge Amit…
Senate Republicans plan rules change vote to speed up confirmation of Trump's nominees
Senate Republicans are planning to hold a vote in the coming weeks to change the chamber's rules for processing lower-level nominations in an effort to expedite the confirmation of…
Republicans warn about spread of European online censorship to U.S. after Irish writer's arrest
Irish comedy writer Graham Linehan didn't attend Wednesday's House hearing on European online censorship, but his arrest by British police for anti-transgender social media posts…
American citizens emerge as new threat to ICE
U.S. Immigration and Customs Enforcement experts said they're used to dealing with illegal immigrants resisting their own arrest, but said the growth of American saboteurs attempting their…
House Republicans divided over how far to go to force release of Epstein files
House Republicans all say they want a light shone on the abuse Jeffrey Epstein and his associates perpetrated in a complex sex trafficking scheme, but how far they're willing to go in…
Judge reverses Trump administration's cuts of billions of dollars to Harvard University
A federal judge in Boston on Wednesday ordered the reversal of the Trump administration's cuts to more than $2.6 billion in funding for research grants for Harvard University. Source link
Rubio says U.S. will continue targeting drug boats
Secretary of State Marco Rubio said the U.S. will conduct more missions like the lethal military strike against a drug boat operated by a Venezuelan gang, as the administration continues…
Are We at War with Venezuela?
Trump’s lethal strike on a ship ‘transporting illegal narcotics’ raises yet more questions. Source link
C-SPAN coming to YouTube TV and Hulu
C-SPAN, the network that broadcasts U.S. government proceedings, is coming to streaming platforms YouTube TV and Hulu. Source link
Sen. Warner blames 'conspiracy theorist' Laura Loomer for undermining national security
The ranking Democrat on the Senate Intelligence Committee says the Trump administration is undermining national security by taking marching orders from right-wing political influencer…