Hollywood’s Conservative Pivot
“King of the Hill,” the animated sitcom that first ran for thirteen Americana-powered seasons between 1997 and 2010, had a deceptively simple premise. The family at its heart collectively…
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.
IReit Global sees risk of losing potential lawsuit as ‘remote’, takes no action for now
The manager of IReit Global does not plan to take any steps to mitigate the impact of a potential lawsuit from its main tenant for now, citing the chance of the case succeeding as…
SoftBank shares hit record high on AI prospects
Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese technology investor’s AI push after first quarter…
Ticker glitch, rising competition deepen woes for Australian bourse
ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most of its global peers. In just two days, a bungled…
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is obliged to make an offer for the company’s shares,…
Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend that could end up eliminating around half a…
Thai Airways shares soar to seven-year high after earnings jump
Its market value has reached more than 407.5 billion baht (S$16.2 billion), making it the fifth-largest carrier in Asia Thai Airways International’s shares climbed to the highest…
A 240-year-old Swiss watchmaker’s race to beat Trump’s tariff deadline
[LONDON/GENEVA] As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of US dollars each to the United…
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
DARD Chartered said on Friday that it has formed a joint venture with strategic partners to apply for a license to issue stablecoins in Hong Kong, days after the city’s…
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s 10-year bond yield fell to the lowest…
Over 30 companies in IPO pipeline: SGX
More than 30 companies are currently in the Singapore Exchange’s (SGX) initial public offering (IPO) pipeline, according to the group’s head of global sales and origination, Pol de Win. He…
China’s tech giants Alibaba, Baidu, Tencent spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing is tarnishing that dream, pushing out seasoned…
Leading ladies: The women heading the biggest family-led hotels in Asia
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across family-controlled Asian hospitality groups. The…
Wealth firms are preparing richest Australians for pension tax fallout
A looming pensions tax on rich Australians is sparking a flurry of behind-the-scenes planning by the nation’s wealth managers, who say clients are actively exploring strategies to shield…
GM to buy EV batteries from China’s CATL for low-cost Bolt EV
The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry General Motors (GM) plans to purchase…
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its improved Q2 earnings. The counter hit a high of S$50.98…
Australian authorities file proceedings against Singtel’s Optus, allege cyberattack-linked breaches
Telco’s unit says it is unable to determine the quantum of any penalties, which the Australian federal court will determine The Australian Information Commissioner (AIC) on Friday (Aug 8)…
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by political scrutiny and shareholder concerns.…
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to S$536 million for the first half ended June 30,…
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares tumbled on Friday (Aug 8) amid muted earnings and the…
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal Reserve board, as he seeks to boost his sway…
Trump picks Stephen Miran to fill open spot on Fed board
US President Donald Trump on Thursday (Aug 7) said he will nominate Council of Economic Advisers chairman Stephen Miran to serve out the final few months of a newly vacant seat at the…
US: Nasdaq ends at record, Dow falls as tariff hikes take effect
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in light of President Donald Trump’s aggressive trade…
Trump asks Supreme Court to approve ICE's arrests in Los Angeles
The Trump Justice Department sparked the next major legal battle over his deportation policies Thursday, rushing to the Supreme Court to ask the justices to give a preliminary OK to…