Business
Huawei chairman says 2024 revenue exceeded 860 billion yuan
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion) last year,…
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
South Korea’s top listing in years flops in debut as IPO fever cools
SOUTH Korea’s biggest new listing in more than two years got off to weak start as LG CNS fell on its Seoul trading debut after a 1.2…
Business
Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump…
Business
Singapore investors buy 6.5 tonnes of gold bars, coins in 2024: World Gold Council
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with…
News
Kuok Maritime-led group launches electric supply boat as industry prepares for 2030 green target
An alliance of companies led by Kuok Maritime Group (KMG) on Wednesday (Feb 5) launched an electric supply boat and started construction…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…
News
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI)…
Politics
USAID direct-hire staffers put on leave worldwide, except those deemed essential
The Trump administration is placing U.S. Agency for International Development direct-hire staffers around the world on leave, except those…
News
Panama considers cancelling port deal with Hong Kong firm
PANAMA is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to…
News
Venezuelan gang members become first migrants shipped to Guantanamo Bay
Homeland Security shipped its first planeload of illegal immigrants from the U.S. to Guantanamo Bay, with officials saying the plane…
Politics
Senate confirms Pam Bondi as attorney general
The Senate voted 54-46 on Tuesday, largely along party lines, to confirm Pam Bondi as Attorney General of the Department of Justice.…
Business
Singapore shares down on tariffs drag; STI dips 0.2%
SINGAPORE shares closed lower for the third consecutive day on Wednesday (Feb 5), after US President Donald Trump announced tariffs on…
Politics
Trump says U.S. will 'take over' Gaza strip; won't rule out military force
President Trump on Tuesday said the U.S. could take over Gaza and remove Palestinians from the area without ruling out the possibility of…
News
China adds Calvin Klein owner and Illumina to blacklist
CHINA placed Calvin Klein owner PVH and US gene sequencing company Illumina to a so-called blacklist of entities, among a series of…
Business
Keppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3…
Politics
Netanyahu hails Trump, calls him 'greatest friend' of Israel in White House
Israeli Prime Minister Benjamin Netanyahu heaped praise on President Trump at a press conference Tuesday, saying he's done more for the…
Politics
Trump says U.S. will 'own' Gaza strip
President Trump proposed Tuesday that the U.S. will "take over the Gaza strip own it." Source link
Politics
Trump administration promises smooth FAFSA rollout, drops 'nonbinary' option
Things have changed since President Trump's team took over at the Department of Education, and that includes the Free Application for…
Politics
Chipmakers say Trump’s tariff threats cloud their outlooks
IN A semiconductor industry that’s been struggling with an oversupply of chips and weak demand, Infineon Technologies navigated its way…
Business
Stocks to watch: CICT, Keppel, FLCT, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5). CapitaLand Integrated…
News
CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545
THE manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0545 for the second half ended…
News
'Grave consequences': Japan warned on campaign against church
Japan would deal a massive blow to the universal principle of religious freedom, could deeply damage its relationship with the U.S. and…
Politics
GOP skepticism of Trump nominees abates as Gabbard, Kennedy nominations advance
Chances of the Senate voting down any of President Trump's Cabinet-level nominees have all but evaporated as initially skeptical…
Politics
Trump plans move to dismantle federal Education Department
President Trump plans to shrink the size of government includes abolishing the Education Department, which spends $80 billion a year as…