Business
Reckoning with GDP: Accounting Versus Economics
Never confuse an accounting identity with a causal economic relationship. Source link
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
StarHub Q1 profit falls 18.4% to S$31.8 million
Telco StarHub on Friday (May 9) reported profit of S$31.8 million for the first quarter ended Mar 31, 2025, sliding 18.4 per cent from…
Business
Our Favorite “Only in New York” Spots
“Only in New York” may be a cliché, but only because it’s so true. For Goings On, in our New York-themed centenary issue, we asked staff…
Politics
Germany’s DAX Index hits record high after tariffs round trip
Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President…
Politics
Indonesia eyes cut in fuel imports from Singapore as part of tariffs negotiations
Indonesia could shift as much as 60% of its total fuel imports from Singapore to the United States in the early stages Indonesia plans to…
Business
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on…
Business
China’s top chipmaker SMIC plunges after projecting lower sales
Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could…
Business
Singapore banks set aside extra allowances to account for heightened uncertainty
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic…
Business
Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’
Current trade tariffs are expected to have a “first-order impact” on 3 per cent of OCBC’s loan book, group chief financial officer Goh…
Business
Nissan drops plan for Fukuoka battery plant to focus on recovery
The company is betting on a broad restructuring and new leadership team helmed by chief executive officer Ivan Espinosa, who took office…
Business
Indonesia seeks to end rice imports this year as output jumps
Indonesia is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the…
Business
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
Politics
Gold firms on dip buying; US-China trade talks in focus
Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked ahead…
Politics
US sanctions on China refiners over Iran oil disrupt operations: sources
Recent US sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell…
Politics
U.S.-U.K. Trade Deal to Build on Close Ties but Leave Some Tariffs in Place
President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations…
Business
ST Engineering posts 8% rise in Q1 revenue to S$2.9 billion
ST Engineering’s revenue rose 8 per cent to S$2.9 billion for the first quarter ended March, from S$2.7 billion in the corresponding…
Politics
A Day in the Live-Streamed Life of Donald Trump
In Donald Trump’s first term, he reinvented many things about how the job of President was done. The strictly scheduled day of his…
News
Trump says he's naming Fox News host, former judge Jeanine Pirro as top federal prosecutor in D.C.
President Donald Trump said Thursday that he is naming Fox News host Jeanine Pirro, a former county prosecutor and elected judge, to be…
News
An American Pope: Welcome Leo XIV
We hope Leo XIV brings peace within the church even as he calls for peace outside of it. Source link
Politics
Melania Trump hosts White House event to unveil Barbara Bush postage stamp
In the White House's East Room on a rainy Thursday, first lady Melania Trump and members of the Bush family gathered to unveil a U.S…
Business
Oil prices rise 3% on support from US-China trade hopes
Oil prices rose around 3 per cent on Thursday (May 8), buoyed by hopes of a breakthrough in looming trade talks between the US and China,…
Politics
DHS says 600,000 migrants turned around in Mexico after Trump took over
As many as 600,000 migrants who had been heading for the U.S. turned around when they realized President Trump had closed the border,…
Politics
Joseph Nye, Political Scientist Who Extolled ‘Soft Power,’ Dies at 88
Joseph S. Nye Jr., an influential figure in shaping American national security policy, who wrote seminal books on foreign affairs, held…