Posts by Swedan Margen
Singapore stocks close Wednesday higher amid regional gains; STI up 0.2%
Speculations over a Trump-Xi call to ease trade tensions sometime this week add to the upbeat mood [SINGAPORE] Local stocks ended higher on Wednesday (Jun 4), mirroring regional gains after resilient US employment data bolstered investor sentiment. Speculations over a call between US President Donald Trump and China President Xi Jinping sometime this week to…
Read MoreHave 30 and 80 year olds in top management of big companies.
[SINGAPORE] Piyush Gupta’s tenure as DBS’s chief executive officer (CEO) ended with a bang as the group posted record net profit of S$11.29 billion for 2024 and Gupta received a total remuneration of S$17.6 million for the financial year ended Dec 31, 2024. Tan Su Shan succeeded Gupta on Mar 28. Recently, Tan, who is…
Read MoreWho Is Sabrina Carpenter’s ‘Manchild’ About? See Theories
Image Credit: Rolling Stone via Getty Images We’re about to get another summer of Sabrina Carpenter! The international pop sensation recently announced an upcoming single by teasing what appears to be a clip from an accompanying music video. In the snippet, Sabrina is wearing a pair of denim high-waisted shorts, a white crop top and…
Read MoreSingapore Paincare worth up to S$0.37 a share, more than double its privatisation offer: Sias
[SINGAPORE] The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling their shares amid the proposed privatisation deal. In a statement released on Wednesday (Jun 4), Sias noted that the company could be worth up to S$0.37 per share, which is more than double its…
Read MoreTravis Kelce Celebrates Taylor Swift Buying Back Her Music Catalog: ‘It’s Finally Hers’
NEED TO KNOW Travis Kelce celebrated girlfriend Taylor Swift buying back her music catalog The statement came during a teaser for this week’s New Heights podcast episode Swift purchased her original masters last week, six years after they were bought by Scooter Braun Travis Kelce is celebrating his girlfriend Taylor Swift buying back her music…
Read MoreIron ore markets brace for shake-up as Singapore-linked Simandou nears production
[SINGAPORE] Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore conglomerate, is about to ramp up supply of the ferrous mineral. Estimated at 2.4 billion tonnes of high-grade iron ore as one of the world’s richest untapped deposits, and projected…
Read MoreKylie Jenner Shares Photos of Intimate Moments with Timothée Chalamet, Hailey Bieber and Sister Kendall
NEED TO KNOW Kylie Jenner is getting candid with her fans in an Instagram post on Tuesday, June 3 The upload included photos of Jenner with her friends, including Haley Bieber and her sister Kendall Jenner She also showcased images of her kids and date night with Timothée Chalamet Kylie Jenner is getting candid with her fans.…
Read MoreAsia: Stocks track Wall Street up after jobs data, Seoul surges on Lee win
[HONG KONG] Asian shares extended a global rise on Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the election of a new president ended months of political paralysis. Speculation that US President Donald Trump and Chinese leader Xi Jinping will speak this week stoked…
Read MoreBilly Joel Told Howard Stern ‘I’m Not Dying’ amid Brain Condition Diagnosis
Howard Stern shared a health update for Billy Joel fans today, nearly two weeks after the music icon revealed a recent diagnosis of normal pressure hydrocephalus (NPH). Stern said on his Sirius XM show The Howard Stern Show on Tuesday, June 3, that he had dinner with Joel a couple of weeks prior and the…
Read MorePing An Insurance raises US$1.5 billion from convertible bonds
[HONG KONG] Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance giant’s second such offering in under a year. The convertible bonds carry a zero coupon and are due in 2030, according to a company filing in…
Read MoreHouse GOP schedules vote for Trump rescissions package
House Republican leadership said Tuesday evening in a joint statement they officially received the Trump’s administration’s request for $9.4 billion worth of rescissions and plan to bring the package to the floor next week. Source link
Read MoreGlobal carriers pile on India capacity as US-Europe traffic drops
[LONDON] The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make up for tepid transatlantic demand that’s come under pressure from global economic uncertainties. Foreign airlines and the biggest Indian operators announced a range of plans at the International Air Transport…
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