Business
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
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
Tesla launches new Model Y in US, Canada, Europe weeks after China
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on…
Politics
Tiktok’s possible buyers, from Elon Musk to MrBeast
TIKTOK’S Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting…
News
Keppel gets US approval to build first SG-US subsea cable amid region’s digital infrastructure push
KEPPEL has been granted a subsea cable landing licence by the US for a subsea cable system connecting Singapore to the country. This…
News
Keppel gets US approval to build SG-US subsea cable amid region’s digital infrastructure push
KEPPEL has been granted a licence by the US for a subsea cable system connecting Singapore to the US West Coast, said the firm on Friday…
Business
Singapore shares rise at Friday’s open, STI up 0.2%
SINGAPORE shares started trading in positive territory on Friday (Jan 24), tracking a rise in other global markets. As at 9.01 am, the…
Politics
Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1%
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
ESR Reit posts 15.9% fall in H2 DPU to S$0.00997
THE manager of ESR Real Estate Investment Trust (ESR Reit) posted a distribution per unit (DPU) of S$0.00997 for its second half (H2)…
Business
Disney raises Bob Iger’s pay by 30%, reflecting turnaround in profit
WALT Disney boosted chief executive officer Bob Iger’s total pay by 30 per cent in fiscal 2024, underscoring his turnaround of the media…
Business
Tiktok weighs non-sale options, ByteDance’s Bill Ford says
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.…
Politics
CNN eyes 200 job cuts, streaming overhaul
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of…
Business
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5%
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on…
Culture
The 2025 Oscar Nominations and What Should Have Made the List
With the announcement of this year’s Oscar nominations, the members of the Academy have, in effect, responded to the natural and political…
Politics
Setback for Trump? Federal Judge Temporarily Blocks US President's Executive Order to End Birthright Citizenship, Calling It 'Blatantly Unconstitutional'
A federal judge in Seattle has halted former President Donald Trump's executive order to end birthright citizenship, calling it "blatantly…
Politics
Who is Lexus Martinez? Marine Who Danced with Vice President JD Vance at the Inaugural Ball Calls it 'Once-in-a-Lifetime Opportunity'
Staff Sgt. Lexus Martinez, a 27-year-old Marine from Brooklyn, shared a moment she will never forget at the Commander-in-Chief Ball on…
News
The Long Shadow of the Chinese Exclusion Act
Between 1848 and 1852, more than twenty thousand Chinese migrants made their way to San Francisco in search of gold. The vast majority…
Business
Cartier appeal helps Richemont reach 100 billion Swiss francs market value
SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time,…
Business
US: Wall St subdued at open after previous session's jump; earnings in focus
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in…
Business
AI Takes Over Insurance: Should You Be Worried?
Artificial intelligence is making waves across various sectors, and the insurance industry is no exception. As more companies dive into…
Business
Sportswear giants Adidas and Puma weighing job cuts
GERMAN sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim…
Business
OUE Reit’s H2 DPU increases 8.7% to S$0.0113
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its…
Business
Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth…
Business
Meta, WhatsApp win relief as India tribunal suspends data sharing ban
AN INDIAN tribunal temporarily suspended a five-year data sharing ban between WhatsApp and owner Meta Platforms, a major relief for the US…