Posts by Swedan Margen
Singapore shares hit new high; STI up 0.5%
Across the broader market, advancers beat decliners 315 to 191 after 1.5 billion securities worth S$1.4 billion change hands [SINGAPORE] The benchmark Straits Times Index (STI) notched a new high on the first day of the trading week on Monday (Jul 14), after Singapore’s economy beat market expectations to expand 4.3 per cent year on…
Read MoreLancaster Man Mauled to Death by Pitbulls, Who Blocked Paramedics from Reaching Him
A man is dead after being attacked by two pit bulls in the backyard of a home in Lancaster, authorities confirmed. Deputies were dispatched at about 10:30 p.m. Saturday to the 44000 of 22nd Street East regarding a “vicious animal” call, according to the Los Angeles County Sheriff’s Department. The deputies arriving at the scene…
Read MorePartners Group transfers Techem stake to its infrastructure fund
[FRANKFURT/MUNICH] German energy firm Techem will remain in the hands of investor Partners Group after its sale to US financial investor TPG fell through in May, the Swiss private equity firm said on Monday (Jul 14), confirming an earlier report. Partners Group will transfer its majority stake in the heating and water metring services company,…
Read MoreThree Singapore gencos to study carbon capture and storage to decarbonise power sector
The studies will allow EMA and the industry to identify infrastructure and site-specific requirements [SINGAPORE] Three power generation companies (gencos) in Singapore will be conducting site-specific carbon capture and storage (CCS) feasibility studies for the power sector, targeted for completion in 2026. The companies are Keppel Energy Nexus, PacificLight Power and YTL PowerSeraya, the Energy…
Read MoreMusk says he does not support merger between Tesla and xAI
Published Mon, Jul 14, 2025 · 04:32 PM [AUSTIN] Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence startup xAI, which owns the Grok chatbot and competes with the likes of OpenAI’s ChatGPT. In response to a user post on X…
Read MoreBYD aims to triple Saudi footprint after Tesla enters market
[RIYADH] Chinese automaker BYD plans to ramp up its expansion efforts in Saudi Arabia, building on momentum from Tesla’s launch in the country and capitalising on the kingdom’s push to become a new hub for electric cars. BYD, which launched in Saudi Arabia last year and currently runs three showrooms there, aims to open another…
Read MoreTrump Claims Epstein Files Were Created by Obama, Hillary, Biden; Faces MAGA Backlash
U.S. President Donald Trump is under fire from his own supporters after attempting to dismiss the controversy surrounding the Epstein Files. In a Truth Social post on Saturday, Trump defended former Florida Attorney General Pam Bondi, who has drawn heat for the memo’s lack of a client list. He alleged that the files were created…
Read MoreWhat Is the ‘Blood Covenant’ Group and Why Is It Giving $40 Million To Kill Trump?
A shocking online funding campaign has come to light, where a group named Blood Covenant is offering anyone who will kill US President Donald Trump a whopping $40.3 million through crowdfunding. The effort is believed to be tied to Iranian state networks and comes after a series of religious death orders, known as fatwas, were…
Read MoreTrump’s New Tariff Threats Shake Global Markets as EU and Mexico Brace for Impact
Markets in Asia moved narrowly on Monday, as investors weighed the latest developments in the U.S. trade war. US President Donald Trump announced that a 30% tariff would be imposed by August 1 on most imports from the EU and Mexico. Despite the continuing talks, the lack of clarity was a cause of concern. freepik…
Read MoreUS Will Send Patriot Missiles to Ukraine as Furious Trump Blasts Putin Saying, ‘He Talks Nice but Then He Bombs Everybody in the Evening’
President Trump announced on Sunday that the U.S. will send Patriot air defense missiles to Ukraine in its ongoing war with Russia, saying that Vladimir Putin “talks nice but then bombs everybody in the evening.” Trump didn’t reveal the exact number of missiles to be delivered to Ukraine. However, he assured Americans that the European…
Read MoreCenturion shares jump over 5% after confirmation of its student and worker accommodation Reit
[SINGAPORE] Shares of property management company Centurion Corporation surged as much as more than 5% on Monday (Jul 14), after it lifted the trading halt it had put in place that morning. The group had announced that it entered into agreements for the proposed listing of its new real estate investment trust (Reit) – named…
Read MoreCenturion shares jump more than 5% as group anticipates ‘significant increase’ in H1 profit
[SINGAPORE] Shares of property management company Centurion Corporation surged as much as 5 per cent on Monday (Jul 14), after it lifted the trading halt it called that morning. The group said on Monday that it expects to report a significant increase in the profits arising from fair value gains on Centurion’s investment properties, compared…
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