Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
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
ECB to cut rates again to help economy overcome trade turmoil
The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up…
Culture
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional…
Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…
Business
Malaysia Airlines parent reports lower profit in 2024
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
Politics
EV maker Xpeng charts steady global expansion despite tariff war
Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Business
Gold continues record rally as trade war woes fuel safe-haven demand
Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade…
Business
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17). CapitaLand Investment (CLI):…
Business
Perplexity in talks to integrate assistant into Samsung, Motorola phones
Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its…
Politics
TSMC Q1 profit set to jump, but Trump’s policies cloud its future
Taiwan Semiconductor Manufacturing Company (TSMC), the main global producer of advanced chips used in artificial intelligence (AI)…
Business
TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty
Taiwan Semiconductor Manufacturing Co (TSMC) gave a bullish outlook for the year on robust demand for artificial intelligence (AI)…
Politics
Oil up 2% to a two-week high as new US sanctions target Iran’s exports
Oil prices rose nearly 2 per cent on Wednesday (Apr 16) to a two-week high on concerns about global supplies after Washington issued new…
Business
US: Nasdaq ends down 3.1% on Nvidia drop, economic angst
Wall Street stocks tumbled on Wednesday (Apr 16) as the Federal Reserve chief warned of the drag from US President Donald Trump’s tariffs,…
Politics
'Tell the truth': Mother of murdered woman challenges White House reporters on immigration coverage
Patty Morin, mother of Rachel Morin, the Maryland mother slain by an illegal immigrant, challenged the White House press corps Wednesday…
Politics
Trump, U.S. officials meet with first-in-line Japan on tariff relief
President Trump said Wednesday he met with a delegation from Japan to negotiate "trade fairness" as nations try to avoid the reimposition…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
News
Clare Carlisle and the Genre-Bender
Clare Carlisle, a British philosopher and an award-winning biographer, is fascinated by books that relate the inner lives and…
News
Sen. Van Hollen travels to El Salvador to demand return of deported MS-13 suspect
Sen. Chris Van Hollen made a pilgrimage to El Salvador Wednesday to demand the country release Kilmar Abrego Garcia, whom the U.S.…
Politics
Block of House Republicans warn they won't support deep cuts to Medicaid
A group of House Republicans warned Speaker Mike Johnson and his leadership team that they would not help pass President Trump's agenda if…
Politics
Cuts to NASA science budget sees bipartisan opposition
The bipartisan chairs of the congressional planetary science caucus have come out against the White House's proposed NASA budget cuts in…
Politics
Fiscal conservatives, small businesses warn against raising top tax rate
Conservative activists and small businesses pushed back on the White House and congressional Republicans considering raising taxes on the…
News
Karmelo Anthony: Texas Teen Who Killed Austin Metcalf Living in Upscale Gated Community with Family, Bought New Car after Release on Bond
The Texas teen who was charged with stabbing to death a high school football star at a track meet during a match is living in an upscale…
Politics
Judge finds probable cause to hold Trump administration in 'contempt' for deportation flights
U.S. District Judge James Boasberg upped his feud with President Trump on Wednesday by finding probable cause to hold his administration…