Posts by Swedan Margen
The Tides Turn for Trump’s Maritime Industrial Policy
Instead of promoting the maritime industry, government interventions cripple it. Source link
Read MoreSingapore shares continue to rise, tracking regional indices; STI up 1%
[SINGAPORE] The Straits Times Index (STI) closed higher on Thursday (Jul 24), tracking regional indices. The STI ended 1 per cent or 41.77 points up at 4,273.05. Across the broader market, advancers outnumbered decliners 356 to 223, after 2.4 billion shares worth S$1.9 billion changed hands. The trio of local banks continued to rise on…
Read MoreIn Defense of the Traditional Review
Last week, when the Times announced a shakeup of its arts desk that involved reassigning four of its critics—of theatre, TV, pop music, and classical music—to other roles, the reaction in the media and arts worlds was one of dismay. Even more disturbing than the personnel moves, though, was the reasoning given by the paper’s…
Read MoreUK firms struggle to grow as BOE rate decision approaches
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June Published Thu, Jul 24, 2025 · 05:51 PM [LONDON] British business activity grew only weakly in July and employers cut jobs at the fastest pace in five months, according to a survey that is likely to add to…
Read MoreAir India warned by regulator over ‘systemic’ lapses in fatigue management and training
[NEW DELHI] Air India has been warned by India’s aviation regulator that it could face enforcement action for breaching safety standards related to crew fatigue management and training, government notices to the airline seen by Reuters showed. The airline self-reported the problems, which occurred this year and last year, to the Directorate General of Civil…
Read MoreFears Grow for Ghislaine Maxwell’s Safety in Prison as Date Finalized for Her Testimony
Ghislaine Maxwell is set to testify before lawmakers in early August, according to a leading Republican, amid growing concerns that the notorious convicted sex trafficker might be in danger while behind bars. House Oversight Committee Chairman James Comer revealed that a subpoena has been issued for Maxwell to testify on August 11 at the Tallahassee…
Read MoreLynas sees higher rare earths prices after US backs MP Materials
[MELBOURNE] Prices of rare earths could rally further given growing demand for Western material, reflected in a recent deal by the US that has shown its resolve to rebuild the sector outside China, the CEO of top producer Lynas rare earths said. The US Department of Defense this month agreed to a multi-billion US dollar…
Read MoreBritain’s Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Published Thu, Jul 24, 2025 · 02:53 PM [LONDON] Lloyds Banking Group reported its profit for the first half of the year rose 5 per cent, beating analysts’ forecasts, as income grew even as it faces a murkier economic outlook…
Read MoreMicrosoft says some SharePoint server hackers now using ransomware
[WASHINGTON] A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday (Jul 23) blog post. In the post, citing “expanded analysis and threat intelligence”, Microsoft said a group it dubs “Storm-2603” is using the vulnerability to seed the ransomware, which typically works…
Read MoreWill a ‘Planet Killer’ Strike Earth on Monday Causing Extinction Level Event?
Astronomers recently detected an asteroid approximately 210 feet in length traveling toward Earth. The asteroid has been monitored before a projected close approach to the planet. Scientists compared this latest asteroid, 2025 OW, to objects such as a large airplane, a 15-story building, or the Leaning Tower of Pisa in size. NASA announced on Wednesday…
Read MoreEurope car sales drop the most in 10 months as EV growth slows
[FRANKFURT] Automakers called for Europe to further stimulate demand for battery-powered vehicles after sales of all new cars fell in June by the most in 10 months. Registrations dropped 5.1 per cent to 1.2 million vehicles, the European Automobile Manufacturers’ Association said on Thursday (Jul 24). While demand for battery-electric cars continues to rise, sales…
Read MoreLatest Singapore 1-year T-bill cut-off yield drops to 1.68%
Figure is down from the 2.29 per cent offered in the auction for the previous one-year tranche in April [SINGAPORE] The Republic’s latest one-year tranche of Treasury bills (T-bills) is offering a cut-off yield of 1.68 per cent, indicated auction results released by the Monetary Authority of Singapore on Thursday (Jul 24). This is down…
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