BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the central bank said on Friday (Aug 1), signalling…
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.
OCBC CEO-designate Tan Teck Long looks to continue ‘One Group’ strategy, boost synergy
OCBC’s incoming chief executive will continue to bank on its “One Group” approach to boost growth and synergy. “We are an integrated financial services group, so there’s still a lot of…
British Airways owner IAG beats second-quarter profit estimates
British Airways owner IAG reported better than expected second-quarter earnings on Friday (Aug 1), helped by strong demand for its transatlantic routes despite fears of knock-on…
Flight attendants sue Boeing over MAX 9 panel blowout incident
flight attendants on the Alaska Airlines 737 MAX 9 plane hit by a mid-air cabin panel blowout in January last year are suing Boeing for physical and psychological injuries,…
Trump calls on Senate to stay in D.C. to vote on more than 150 nominees
President Trump wants the Senate to stay in session until it clears a backlog of more than 150 judicial and executive-branch nominees. Source link
Biden judge blocks Trump from ending deportation amnesty for Honduras, Nicaragua, Nepal
A federal judge ordered Homeland Security to continue a deportation amnesty for migrants from Honduras, Nicaragua and Nepal, slamming President Trump for complaining that illegal…
Trump raises tariffs on slew of U.S. trading partners
President Trump imposed tariffs ranging between 15% and 41% on more than 67 countries Thursday evening, raising tariffs to their highest levels in more than a century. Source link
UOBKH downgrades SIA after Q1 earnings a ‘major miss’ against guided range; lowers TP to S$6.03
UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on national carrier Singapore Airlines (SIA) to “sell”, with a reduced target price of S$6.03 from S$6.63, on the back of…
Gold holds gain as markets monitor Trump’s tariff rollout
held an advance - but remained on track for a weekly loss - as the White House unveiled President Donald Trump’s tariff rates on trading partners that are set to take effect…
Singapore, Malaysia markets rise; Taiwan drops 1.6% as Trump sets new tariff rates
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
Japan alarmed over recent FX moves, its finance minister says
Japan’s Finance Minister Katsunobu Kato said on Friday that its authorities have been alarmed over recent foreign exchange moves, after the yen fell to four-month lows against the…
Trump pressures 17 pharma CEOs to cut US drug prices
President Donald Trump sent letters to the leaders of 17 major pharmaceutical companies outlining how they should slash US prescription drug prices to match those paid overseas, the White…
Ending the H-1B Visa Lottery Is a Good Step
Our immigration policies should align with our nation’s interests. Source link
Britain says EU is removing tariffs on steel under quota
Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and a recent deal to ease trade barriers. In…
Google must open Android to rival app stores: US court
A US federal court ruled on Thursday that Google must open its Android operating system to rival app stores, after the internet giant lost an appeal in an antitrust case filed by Fortnite…
Oil prices fall as Trump’s Aug 1 trade tariff deadline looms
Oil prices declined on Thursday as US President Donald Trump’s Aug 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade deal with the…
Europe: Stocks end at over one-week low; beverage makers hurt by US tariffs
EUROPEAN shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate reports from the likes of Sanofi and Ferrari, while beverage makers…
Trump revives Presidential Fitness Test alongside famous athletes at White House event
President Trump on Thursday revived the Presidential Fitness Test in public schools, saying it was to ensure young Americans are healthy and active. Source link
Education Department calls on states to use flexibilities and opt out of 'burdensome' programs
The Department of Education is calling on school officials to get out of burdensome provisions and federal programs in their schools, as part of the Trump administration push to send…
Biden's longest-serving aide tells House probe aging president's brain was getting better, not worse
Mike Donilon, a top aide to President Biden who cashed in as a highly paid advisor to his suspended 20204 campaign, told House investigators Thursday that Mr. Biden showed no signs of…
Whatley enters North Carolina Senate race with Trump, GOP leaders' endorsement
Republican National Committee Chairman Michael Whatley on Thursday announced his 2026 bid for the open North Carolina U.S. Senate seat, entering the race with endorsements from President…
Majority of Senate Democrats are now willing to block arms sales to Israel
A growing number of Senate Democrats are starting to shift their criticisms of Israeli Prime Minister Benjamin Netanyahu's handling of the war in Gaza from words into actions. Source link
Trump presses 17 drugmakers to cut prices within 60 days
President Trump urged 17 major pharmaceutical companies to lower the cost of prescription drugs for Americans within two months, the White House announced Thursday. Source link
Trump building huge ballroom at White House
President Trump plans to renovate the White House with a 90,000-square-foot ballroom, a move that will replace part of the historic East Wing and will significantly add to the size of the…