News
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt 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
Emirates airline group announces record US$6.2 billion gross profit
The 18% rise in profit, slimmed to US$5.6 billion after the UAE’s recently introduced corporate tax Dubai’s Emirates Group, which includes…
Business
Bank Negara Malaysia holds rate at 3% amid output growth, flags tariff risks
Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient…
Politics
Maersk cuts global container market outlook on tariff war
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Danish container giant AP Moller-Maersk…
News
Toyota warns of profit drop as tariff chaos threatens carmakers
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble…
Business
Toyota sees 180 billion yen profit hit in two months from tariffs
Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two…
Business
SeaMoney rebrands to Monee, opens new headquarters for digital financial services
Monee will be establishing centres of excellence in product management, artificial intelligence and anti-money laundering Sea’s digital…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Politics
Voice of America to Receive Feeds From Pro-Trump Network, Administration Says
Voice of America, a U.S.-funded international news broadcaster that was muted by the Trump administration in March, may sound quite…
Business
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
Politics
Zombie oil supertanker in China points to Iran trade workarounds
After buckling under pressure from Beijing and Washington, the clandestine supply chain that carries Iranian crude to China is finding new…
Politics
Trump: 'Major' trade deal coming Thursday
President Trump teased a "major trade deal" to be announced Thursday, saying there will be more to come. Source link
Business
Bank of Japan split over how US policies impact rate hikes: March minutes
Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty stemming…
Business
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
DBS up on Q1 results, dividend announcement; Reits among most actively traded counters fall in early trade Singapore stocks opened weaker…
Business
Great Eastern reports 13% higher Q1 profit of S$345.5 million
Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended…
Politics
Appeals Court Orders Trump Administration to Transfer Rumeysa Ozturk Back to Vermont
By its unnecessary detention-and-transfer practice, which will likely result in more rulings against it, the Trump administration is not…
Business
US: Stocks end higher on Wednesday as Fed meeting holds no surprises
Wall Street stocks finished higher on Wednesday following a choppy session as the Federal Reserve kept interest rates unchanged, while…
Politics
Trump Withdraws Surgeon General Nomination and Announces New Pick, Dr. Casey Means
President Trump announced Wednesday he planned to nominate Dr. Casey Means to serve as his surgeon general after he withdrew the…
Politics
Trump replaces his nominee for surgeon general
President Trump announced that Dr. Casey Means will be nominated as the next surgeon general, and pulled the nominee whom he had…
Politics
Judge rules Trump can't use Pentagon to get around deportation restrictions
A federal judge told the Trump administration Wednesday that it cannot evade his new rules on carrying out deportations by having them…
News
Used Car Mileage Explained For Small Business
When people start looking for a used car, the first number that grabs their attention is the mileage. But what does that number really…
Culture
Rediscovering a Great Film Critic of Hollywood’s Golden Age
Sometimes there’s light at the end of the rabbit hole. When Josef von Sternberg’s film “The Devil Is a Woman,” from 1935, was recently…
News
The Latin Mass Is a Problem for the Conclave
It concerns a tiny minority of Catholics, and yet, in some ways, it is symbolic of the biggest debate in the church. Source link
Business
Sigrid Nunez on the Beauty of Narrative Restraint
“Plot, shmot,” the writer and editor William Maxwell once said to John Updike. Sigrid Nunez couldn’t agree more. She used to tell her…