US: Wall Street opens higher after selloff
Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President Donald Trump’s mounting criticism of…
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.
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake of 55 per cent in Southern Steel Mesh. BRC Asia…
Walmart-backed Flipkart to shift base back to India from Singapore
Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday (Apr 22), as its parent Walmart aims to take the 17-year-old company…
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned subsidiary has increased its offer to buy the…
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s slump Shares of Indian lenders rallied to…
Singapore stocks continue to rally on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Apr 22), even as other Asian markets delivered a mixed performance amid trade uncertainty. The benchmark Straits Times Index (STI) rose 1 per cent…
Ericsson expands manufacturing in India to make antennas
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs Sweden’s Ericsson is planning to manufacture all its telecom…
Chinese tech firms eye US listings despite widespread ructions
The US market’s high liquidity is a lure for Chinese companies, while investment banks can earn higher fees on share sales Beijing Smart Walnut Education Technology, a provider of…
Sabana Reit unitholders vote against resolution to initiate price discovery process at EGM
A resolution tabled by some Sabana Industrial Real Estate Investment Trust (Sabana Reit) unitholders to initiate a price discovery process with a view to selling the Reit’s properties…
UBS resets India strategy with 360 ONE deal
UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent, worth some US$220 million, in the Mumbai-based asset…
Global shipping navigates Trump tariffs uncertainty
Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs. Cargo…
JPMorgan to expand San Francisco office in boost to downtown
JPMorgan Chase is expanding its San Francisco office and committing its marquee healthcare conference to the city for another year, offering a boost to Mayor Daniel Lurie’s effort to…
Gold rises to a record US$3,500 as traders seek safe havens
Gold surged past US$3,500 an ounce for the first time before paring some gains, as concern that President Donald Trump could fire Federal Reserve chair Jerome Powell triggered a flight…
US: Wall Street opens lower as Trump takes aim at Powell
Wall Street’s main indexes opened down on Monday (Apr 21) after US President Donald Trump’s renewed attacks against Federal Reserve chair Jerome Powell sparked concerns about the…
Singapore stocks rise on Monday as STI extends rally
The Straits Times Index (STI) continued to rally on Monday (Apr 21) as Asian indices closed mixed amid traders tracking the tariff talks. The STI closed up 1.1 per cent or 38.89 points at…
Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the US tariffs, said UOB chief executive Wee Ee…
Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives: sources
[SINGAPORE/BEIJING] Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar…
Adrian Tomine’s “Lucky Dogs”
Moving around the city this spring, one can’t help but sense that many people seem to have succumbed to a generalized anxiety. For the cover of the April 28, 2025, issue, the cartoonist…
CATL teases five-minute EV charging with longer range than BYD
Contemporary Amperex Technology Co Ltd, the world’s biggest producer of batteries for electric vehicles, unveiled the latest versions of its cells, playing up the durability and range of…
China’s Cosco warns US levies risk upsetting global shipping
The latest US proposal has been watered down from an earlier version, but keeps pressure on Chinese ship operators and shipbuilders China’s largest shipping line said on Monday…
Sias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s voluntary unconditional cash offer
The bid from Tal United to acquire Sin Heng Heavy Machinery at S$0.58 a share mid-last month has been described as a “lowball offer” by the Securities Investors Association (Singapore),…
At Shanghai auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition…
Vietnam central bank preparing restructuring plan for troubled lender SCB
Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre of the country’s biggest financial fraud…