Posts by Swedan Margen
Trump’s Win for the Gipper
In domestic and foreign policy, much of Trump’s second term is fulfilling Reaganism, not burying it. Source link
Read MoreSean Diddy Combs Verdict: Music Mogul Acquitted on Most Serious Charges Except One in Sensational NYC Trial as He Still Faces Years in Jail
Hip-hop icon Sean Combs dropped to the floor on his hands and knees in a dramatic reaction after being shockingly acquitted on Wednesday of the most serious federal charges against him—racketeering conspiracy and sex trafficking—for allegedly forcing former partners to live out his degrading sexual fantasies for years. The music mogul, better known by his…
Read MoreMicrosoft to cut about 9,000 jobs amid hefty AI bets
[NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure. The company, which had about 228,000 employees worldwide as of…
Read MoreMicrosoft begins deep job cuts across Xbox division
[NEW YORK] Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software company as it seeks to control costs. Microsoft’s Stockholm-based King division, which makes Candy Crush, is cutting 10 per cent of its staff, or about 200 jobs, according to people…
Read MoreMicrosoft to cut about 9000 jobs amid hefty AI bets
[NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure. The company, which had about 228,000 employees worldwide as of…
Read MoreUS: Wall Street opens slightly lower after weak jobs data; Tesla rises
Published Wed, Jul 2, 2025 · 09:46 PM US STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla rose sharply after its second-quarter deliveries report. The Dow Jones Industrial Average fell 39.3 points, or 0.09 per cent, at the open to 44,455.66.…
Read MoreSchroders picks Singapore for global digital assets hub
[SINGAPORE] International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence. The centre will focus on applying tokenisation – which is the process of representing assets digitally – to the firm’s existing business operations, with the aim to improve client outcomes and enhance operational efficiency, it…
Read MoreVisa, Mastercard race to tame a US$253 billion crypto threat
[NEW YORK] A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defence. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t…
Read MoreNewsom Sees the Light on the Harms of Environmental Regulation
Sacramento just took a step that may finally help relieve the pressure on housing-deprived Californians. Source link
Read MoreSingapore-Registered Company Charged Over Suspected Money Laundering Offence
A Singapore-registered company was charged in court on Tuesday, July 1, for its suspected involvement in money laundering activities. The Singapore Police Force (SPF) revealed that the company’s bank accounts were believed to be used to receive criminal proceeds arising from an alleged scam perpetuated against a foreign company. The SPF said in a statement,…
Read MoreSTI closes at record high of 4,010.77 as investors seek safe haven
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5 billion were transacted [SINGAPORE] Singapore’s benchmark index reached a milestone on Wednesday (Jul 2), breaching the 4,000-point threshold at the close. The Straits Times Index (STI) achieved a record high of 4,010.77, up…
Read MoreUOL leads STI to record high of 4,010.77
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5 billion were transacted [SINGAPORE] Singapore’s benchmark index reached a milestone on Wednesday (Jul 2), breaching the 4,000-point threshold at the close. The Straits Times Index (STI) achieved a record high of 4,010.77, up…
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