We may have already hit peak booze
Without noticing it, humanity has passed a remarkable milestone: alcohol consumption has gone into possibly permanent decline. That’s a turning point in a habit at least as old as…
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.
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800 Kunlun chips, which can support the…
Stoneweg European Reit secures lease renewals with Motorola and Coolblue
Stoneweg European Reit (Sert) has renewed two major leases for two office assets, pulling in tenants Motorola Solutions and Coolblue BV, the Reit’s manager announced on Thursday (Apr 24).…
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the manager of Suntec real estate investment trust (Reit).…
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their “buy” rating on logistics-focused Mapletree…
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy” rating on logistics-focused Mapletree Logistics…
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines (SIA) has partnered ChatGPT-maker OpenAI to develop…
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista – the second of three planned sites to open amid the bank’s pivot to a strategy…
China ramps up cash injection as it braces for tariff impact
China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s second-largest economy from the impact of punitive US tariffs. The People’s…
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for HK$6.3 billion (S$1.1 billion) and launch a share…
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international operations and corporate business clients …
Gold set for third straight weekly gain; US-China trade talks in focus
Gold prices rose on Friday (Apr 25) and were headed for a third consecutive week of gains, while investors closely monitored further developments in the trade negotiations between…
Nomura weighs deeper foray into prime brokerage four years after Archegos
Nomura Holdings is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just four years ago following the implosion of Archegos…
Stocks to watch: CICT, MPACT, Sats, Suntec Reit, OUE Reit, Clint
The following companies saw new developments that may affect trading of their securities on Friday (Apr 25). CapitaLand Integrated Commercial Trust (CICT): It posted net property income…
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand and higher-for-longer cost of debt – as…
Bank of Japan’s Ueda keeps rate-hike pledge but warns of US tariff impact
Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday (Apr 24) that the central bank will continue to raise interest rates if underlying inflation converges towards its 2 per cent…
Chinese EV maker Nio’s challenges bleed into its bond prices
A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial health, analysts say. Nio’s 3.875 per cent US…
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down…
Intel delivers disappointing forecast, moves to slash jobs
Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to bring costs in line…
Google says will buy back US$70 billion in shares, posts earnings beat
[BENGALURU/SAN FRANCISCO] Google parent Alphabet said it would buy back US$70 billion worth of shares as it reported first-quarter profit above Wall Street expectations on Thursday (Apr…
Meta lays off more than 100 employees across Reality Labs unit
Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual reality (VR) and wearable devices, according to a source familiar with the…
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news, conflicting US tariff signals and news from the…
US: Stocks rise for 3rd straight day
Wall Street stocks rallied for a third straight session on Thursday (Apr 24), shrugging off mixed earnings and signs US trade deals with China and the European Union are not…
The Guerrilla Marketing Campaign Against Elon Musk
Perhaps you’re an American waiting at a bus stop, in a country not your own, ruminating on the limits of democracy at home. A bus passes, and then another. You’re feeling low and, frankly,…