BMW names veteran Nedeljkovic as CEO to tackle China, Tesla
BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday (Dec 9) to replace long-time chief Oliver Zipse, as the German automaker bets on a new generation of electric…
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.
Mainboard debutants YZJ Maritime, Centurion Accommodation Reit among additions to iEdge Singapore Next 50 indices
The combined weightage of these two counters and Golden Agri-Resources will be around 9% Yangzijiang (YZJ) Maritime, Centurion Accommodation Real Estate Investment Trust (Reit) and Golden…
The Danger of Weight-Loss Drugs Going Mainstream
GLP-1s could help turn around America’s obesity epidemic. They could also bring about a new era of eating disorders for young women. Source link
One Fire, One System: Hong Kong’s Fire Tragedy and the City That No Longer Exists
Hong Kong did not simply mishandle a tragedy; it demonstrated, once again, that it has become something fundamentally different from what it once was. Source link
There Is No Such Thing as an Independent Agency
The Supreme Court should overrule a 1935 precedent and put presidents back in charge of executing the law. Source link
Trump’s World and the Real World
In service to his vision of the world, the President has spent the year undoing every environmental law he can find. The zeal of his lieutenants—Lee Zeldin, at the Environmental Protection…
Singapore stocks gain more ground on Tuesday as regional indices end mixed
Across the broader market, gainers trail losers 262 to 265, after 1.1 billion securities worth S$1.1 billion change hands Stocks in Singapore ended higher on Tuesday (Dec 9), amid a mixed…
How the battle over Warner Bros turned into a blockbuster
Netflix seeks studios and streaming only, while Paramount bids for the entire group Who ends up with the assets of Warner Bros Discovery, the owner of one of Hollywood’s largest and most…
India’s biggest airline IndiGo says operations ‘back to normal’
India’s biggest airline IndiGo said on Tuesday (Dec 9) its operations had stabilised after it cancelled thousands of flights, triggering days of airport chaos – sparked by a…
Warner Bros fight heats up with US$108 billion hostile bid from Paramount
Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix Paramount Skydance on Monday (Dec 9) launched a hostile bid worth US$108.4 billion for Warner Bros…
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8) that BlackRock-owned Global Infrastructure Fund (GIP)…
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents Two Chinese men are in custody for allegedly smuggling Nvidia H100 and…
Vietnam’s Vingroup to develop US$3 billion ecosystem in Telangana, strengthens India push
VinFast, despite its ongoing global expansion, continues to report widening losses Vietnam’s largest conglomerate Vingroup on Tuesday (Dec 9) signed a memorandum of understanding with…
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining facility, in a bid to strengthen energy supply…
Most markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US…
Hong Kong exchange, regulator ask banks to maintain quality of IPO applications
The Hong Kong securities regulator and the stock exchange said that they have jointly asked investment banks to ensure that they maintain the quality and standard of initial public…
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal Reserve could strike a more hawkish tone on next…
Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
Asia’s private credit market is projected to grow 46% to US$92 billion by 2027, according to a report. Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had…
Right to Repair Would Help Consumers and Address ‘Affordability’
The battle over the right to repair represents a clear dividing line between supporters of certain business interests and backers of a free market. Source link
Stocks to watch: OCBC, Jardine Matheson, Mandarin Oriental, SingPost
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 9): OCBC: The bank’s mezzanine capital unit announced on Monday that it has…
Boasberg calls DOJ whistleblower to testify as he considers contempt charge against Trump officials
U.S. District Judge James Boasberg demanded the Justice Department send one of its key lawyers to testify in person about why the government made three deportation flights to El Salvador…
US to allow Nvidia H200 chip shipments to China, says Trump
Nvidia shares rise 2% in after-hours trading after announcement; US president says same approach will apply to AMD, Intel The United States will allow Nvidia’s H200 processors, its…
DOJ says Loudoun school transgender policy violated Christian students' rights
The Trump administration sued Loudoun County on Monday, accusing the public school system in Virginia of forcing its concept of "gender identity" on students without considering their…
Faceless followers, foreign 'fake-speech networks' boost Nick Fuentes' social media reach: report
The social-media rise of pro-Hitler provocateur Nick Fuentes has alarmed conservatives, but there may be less to his audience than meets the eye. Source link