Business
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE…
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.
Business · Entrepreneurship · Companies · Industry Trends · Innovation
Business
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in…
Politics
Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs: survey
MOST US manufacturers surveyed by the American Chamber of Commerce (AmCham) in Vietnam said they would be likely forced to lay off workers…
Business
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI features…
Politics
Trump order calls for agencies to run regulations past DOGE
President Trump signed an executive order Wednesday calling for agency heads to work with the Department of Government Efficiency to…
Politics
Trump order eliminates advisory committees, federal groups
President Trump signed an executive order Wednesday that targets numerous federal agencies, including the United States Institute of Peace…
Politics
Panama sends U.S. deportees to the Darien camp after they refused to return to their countries
Panama transferred 98 deportees from various nations it had received from the United States to a camp in its Darien province Wednesday, an…
News
IRS to lay off 7,000 probationary workers starting Thursday, AP source says
The IRS will lay off roughly 7,000 workers in Washington and around the country beginning Thursday, a person familiar with the plans told…
Business
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Business
Singapore shares open lower on Thursday; STI down 0.4%
SINGAPORE stocks declined on Thursday (Feb 20) morning, tracking overnight losses in European markets. As at 9.01 am, the Straits Times…
Politics
Trump to sign executive order ending benefits for illegal immigrants
President Trump is expected to sign an executive order Wednesday evening that will terminate any taxpayer benefits that may be going to…
Politics
Trump tariff worries keep gold near record high level
GOLD prices edged higher on Thursday (Feb 20), hovering near their all-time highs as concerns persisted over US President Donald Trump’s…
Business
Australia’s Goodman raises A$4 billion for data centres to tap AI boom
The increasing use of machine learning and cloud-based technologies is fuelling the need for power and storage sites AUSTRALIA’S Goodman…
Politics
Hegseth wants to cut Biden-era spending in the Pentagon to fund Trump priorities
Defense Secretary Pete Hegseth wants Pentagon officials to lop off about 8% from the next defense budget to help fund the military…
Business
SingPost Q3 operating profit down 23.8% at S$21.1 million
SINGAPORE Post’s (SingPost) group operating profit for the third quarter ended December was S$21.1 million, down 23.8 per cent on the year…
News
Seatrium wins offshore rig contract from Saudi Aramco-backed International Maritime Industries
RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard International…
Business
Fortescue profit plunges as China’s iron ore demand declines
FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened.…
Business
Microsoft develops AI model for videogames
MICROSOFT has developed an artificial intelligence (AI) model of a videogame which can help generate visuals and actions, the company…
Business
Tesla cited by US regulators over worker’s death
US FEDERAL regulators have cited Tesla for violating workplace safety rules in connection with the electrocution of a worker last summer…
Business
Chinese rivals seize on Illumina’s blacklisting to woo clients
BEIJING’S surprise move to blacklist Illumina has unleashed a frenzy among the US firm’s Chinese rivals to win market share from the…
Politics
Trump endorses sending DOGE rebate checks to taxpayers
President Trump on Wednesday endorsed sending Americans rebate checks based on a percentage of the savings achieved by the federal…
Business
Manulife’s profit climbs on wealth management strength, Asia growth
MANULIFE Financial posted higher fourth-quarter profit on Wednesday, bolstered by a thriving wealth and asset management business and…
News
Google develops AI co-scientist to aid researchers
GOOGLE has developed an artificial intelligence (AI) tool to act as a virtual collaborator for biomedical scientists, the US blue chip…
Politics
Trump Education Department cancels $262 million in 'divisive' diversity grants
The Trump administration will cancel $262 million in grants earmarked for meetings and reports on diversity needs in K-12 schools, The…