Politics
Opinion: Meta is changing its rules and embracing Trump. What does that mean for the world?
The announcement by Mark Zuckerberg that Meta, the parent company of Facebook, Instagram and Threads, will dramatically overhaul its…
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
China Everbright issues first tranche of medium-term notes for 2025
CHINA Everbright Water has issued its first tranche of medium-term notes (MTNs) for 2025 with a principal amount of 1.5 billion yuan…
Business
BlackRock becomes Yangzijiang Shipbuilding’s substantial shareholder
Asset manager acquires 10.8 million shares of maritime vessel maker for an unknown amount of consideration ASSET manager BlackRock is…
Business
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest…
Business
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy…
Business
Singapore police partner banks to prevent S$73 million in potential scam losses
Two-month operation relies on robotic process automation technology to detect possible victims, enabling authorities to reach out to them…
Business
Tyre maker Goodyear to sell Dunlop brand to Japan’s Sumitomo Rubber for US$701 million
GOODYEAR Tire & Rubber said on Tuesday (Jan 7) that it will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for US$701 million…
Business
China renews car trade-in subsidy to boost hybrid, EV sales
CHINA has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric…
Business
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent…
Business
Centurion hits record high, surges 6.3% after news that it is exploring a Reit listing
SHARES of accommodation assets operator Centurion surged 6.3 per cent on Wednesday (Jan 8) following the previous day’s news that it is…
Business
Amazon’s AWS to invest US$11 billion in Georgia to boost AI infrastructure development
AMAZON.COM said on Tuesday (Jan 7) that its cloud computing division, Amazon Web Services (AWS), plans to invest about US$11 billion to…
Business
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US…
Business
China’s richest regions cut electricity prices to protect industries
MORE Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on…
Business
STI ends up 1.5%; banks, Yangzijiang Shipbuilding lead gains
SINGAPORE shares ended higher on Wednesday (Jan 8), led by gains in the local banks and Yangzijiang Shipbuilding. The Straits Times Index…
Business
Stoneweg E-Reit’s portfolio value inches up 0.3% in H2 2024
STONEWEG European Real Estate Investment Trust’s (Stoneweg E-Reit) portfolio valuations crept up 0.3 per cent for the second half of the…
Politics
Singapore engages Australia to study social media age limits
SINGAPORE’S government is open to instituting minimum-age laws for social media use and is in talks with counterparts in Australia over…
Business
Stocks to watch: SingPost, Centurion, Stoneweg E-Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 8): Source link
Business
US blacklist of China’s tech giants risks faster decoupling
THE US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most…
News
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s…
News
Honda unveils first US-made EVs, plans for high-performance chip
HONDA Motor debuted prototypes of its two latest electric vehicles (EVs) – a sedan and an SUV – with a new software operating system that…
Business
Amazon Beats Disney, Paramount, and Netflix in $40M Bid for Melania Trump Documentary Deal
Amazon has reportedly acquired the rights to a documentary about Melania Trump, directed by Brett Ratner, for an impressive $40 million.…
Politics
Biden Administration Sparks Controversy as It Frees 2 Laden Bodyguards and 9 Al-Qaeda-Linked Detainees After Who Served 20 Years Without Charges
In a significant move, two alleged bodyguards of Osama bin Laden and nine others linked to Al-Qaeda were quietly released from Guantanamo…
Politics
Trump Hints at Invading Greenland, Seize Panama Canal and Proposes Renaming Gulf of Mexico to 'Gulf of America'
Donald Trump hinted at the possibility of using military action to seize control of the Panama Canal and Greenland, while also proposing a…
News
Anne Mancuso: 11-Year-Old Girl, Grandmother Found Dead in Snow Outside New York Home after Father Kills Them in Horrific Murder Suicide
An 11-year-old girl and her grandmother were killed by the girl's father in a murder-suicide that has shaken their community in upstate…