Business
Singapore shares slip on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286, after 1.4 billion securities worth S$1.7 billion change hands SINGAPORE stocks…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
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Business
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling…
Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial…
Business
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company…
Politics
Vietnam adds to global steel turmoil with tariffs hitting China
Outside China itself, Vietnam is the biggest single buyer of Chinese steel, and hot-rolled coil is a major export product VIETNAM will…
Business
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.…
News
Cloud Hosting: What Your IT Guy Won't Tell You
Cloud hosting is everywhere these days, and it’s often marketed as the ultimate solution for businesses. But is it the silver bullet it…
News
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Culture
Popular conservative podcaster Dan Bongino named FBI deputy director
Dan Bongino, a former Secret Service agent, was named as the FBI's next deputy director. Source link
Business
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Olam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell 44.58% stake in Olam Agri for US$1.8 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion.…
Business
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Olam: The group on Monday…
News
China’s local government bond rush worsens liquidity strain
CHINA’S local governments are rushing to issue bonds to refinance hidden debt, further tightening liquidity in the financial system.…
News
FBI expected to transfer 1,500 staffers out of Washington area
The FBI is expected to transfer up to 1,500 of its personnel out of its Washington headquarters to field offices across the country,…
Business
Australia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while…
Politics
Supreme Court demurs on Trump's first appeal over firing powers
The Supreme Court has rebuffed President Trump's initial attempt to expand his firing powers, as the first case involving the new…
Business
Berkshire to boost investments in Japanese trading houses
WARREN Buffett said on Saturday (Feb 22) that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese…
Politics
The Trump administration is firing 2,000 USAID workers and putting thousands of others on leave
The Trump administration said Sunday that it was placing all but a fraction of staffers at the U.S. Agency for International Development…
Politics
Qatar signs deal with Scale AI to use AI to boost government services
Scale AI will develop more than 50 possible uses of AI for Qatar’s government over the next five years QATAR’S government has signed a…
Business
Malaysia’s Sunway sets sights on regional expansion
With success in its home base, the company is now looking to expand its reach in the region, especially in existing markets such as…