US: S&P 500 edges higher with trade negotiations, earnings in focus
The S&P 500 edged up at the open on Thursday (Apr 24), as investors assessed a bevy of mixed corporate results and developments in the US-China trade war. The Dow Jones Industrial…
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.
Hong Kong bourse operator to shift headquarters in US$812 million deal
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building in a complex owned by developer Hongkong…
Binance billionaire Zhao guides regulators to relax crypto rules
Crypto’s richest man, Changpeng Zhao, was in a playful mood as he addressed a packed house at the Ritz-Carlton in Kuala Lumpur, just seven months after his release from a low-security…
Nissan sees 750 billion yen loss as restructuring charges mount
Nissan Motor said it will post a net loss of as much as 750 billion yen (S$6.9 billion) for the fiscal year that ended in March as restructuring charges weigh on the struggling Japanese…
OUE Reit posts 11.9% fall in Q1 revenue to S$66 million
OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter. This was mainly due to the divestment of Lippo Plaza…
Nestle sales rise on price hikes for coffee, cocoa products
Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa. Revenue grew 2.8 per cent on an organic basis in the…
Singapore stocks end flat on Thursday; markets across Asia end mixed
Local stocks ended Thursday (Apr 24) muted, following a mixed performance in other Asian markets after China signalled its openness to trade talks and US President Donald Trump suggested…
Contributor: Is your favorite influencer's opinion bought and sold?
Your addictive doomscrolling on X, TikTok or Instagram may also be the latest nexus for millions of dollars in secret political corruption. Over the last month, the problem has come into…
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade tensions with the US spur a shift towards local…
China’s central bank chief warns trade frictions threaten trust in world economy
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng urged countries to help maintain confidence…
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources
The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because expected vehicle stock was not delivered, The…
Latest Singapore six-month T-bill cut-off yield falls to 2.38%
Demand shrinks with the auction receiving S$16.6 billion in applications for the S$7.4 billion on offer The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to…
Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank head and made conciliatory comments on his trade war…
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker VinFast Auto is pushing expansion into…
Las Vegas Sands drops out of contest to develop New York City area casino
Applications are due in June, with a final decision expected by December, according to the New York State Gaming Facility Location Board Las Vegas Sands is dropping efforts to…
Keppel posts more than 25% jump in Q1 net profit, expects limited direct tariff impact
Keppel’s net profit rose more than 25 per cent for the first quarter ended March, driven by improvements in its real estate and asset management arms. These profits, compared to Q1 in…
China to kick off special bond sale as tariffs threaten economy
China is set to issue the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by authorities to soften the blow from…
Boeing says China not accepting planes over US tariffs
Boeing’s CEO confirmed on Wednesday (Apr 23) that China had stopped accepting new aircraft due to the US-China trade war, as the company’s shares surged following a smaller-than-expected…
Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the US rather than store it without willing buyers.…
Sinarmas Land loses free float; trading to be suspended
Shares of Sinarmas Land that are held by the public no longer make up 10 per cent of shares outstanding, following a privatisation offer by Lyon Investments receiving valid acceptances…
CapitaLand China Trust Q1 NPI slips 6.6% to 292.5 million yuan amid lower revenue
The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first quarter of financial year 2025, down by 6.6 per cent…
TSMC shows off new tech for stitching together bigger, faster chips
Taiwan Semiconductor Manufacturing Company (TSMC) on Wednesday (Apr 23) unveiled technology for making faster chips and putting them together in dinner-plate-sized packages that will boost…
DBS, OCBC and UOB’s recent rally a remarkable recovery, but are the risks fully priced in?
Shares of DBS, OCBC and UOB have rebounded since the announcement of US President Donald Trump’s reciprocal tariffs on Apr 2 sent shockwaves through the markets and triggered a massive…
Europe: Shares at near three-week highs as US-China trade tiff appears to ease
European shares climbed to a near three-week high on Wednesday (Apr 23), boosted by strong earnings from Europe’s largest software maker SAP, while easing trade tensions between the United…