Posts by Stephanie Irvin
Microsoft planning thousands more job cuts aimed at salespeople
Published Thu, Jun 19, 2025 · 06:12 AM [NEW YORK] Microsoft is planning to cut thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal year,…
Read MoreWhy California Remains the Epicenter for Gen Z Led Creator Startups
California has always attracted dreamers who are ready to go the extra mile, but Gen Z is reshaping that story. Armed with smartphones, editing software, and a willingness to bet on themselves, they’re turning content creation into scalable ventures. Today’s creator startups are born from bedrooms and garages and are quickly scaling to digital storefronts,…
Read MoreThe Art of Authentic Engagement in the Digital Age
Something is interesting about how people present themselves online. There’s a moment when someone realizes they’re being recorded, and their demeanor suddenly changes. They put on what I call their “camera persona” – big smiles, enthusiastic waves, and an energy that wasn’t there seconds before. This observation might seem trivial, but it speaks volumes about…
Read MoreNippon Steel’s US$14.9 billion acquisition of US Steel closes, with big role for Trump
[WASHINGTON] Nippon Steel’s US$14.9 billion acquisition of US Steel closed on Wednesday (Jun 18), the companies said, confirming an unusual degree of power for the Trump administration after the Japanese company’s 18-month struggle to close the purchase. Under the deal terms, Nippon bought 100 per cent of US Steel shares at US$55 per share, as…
Read MoreUS: Wall Street indexes open muted ahead of Fed’s interest rate verdict
Published Wed, Jun 18, 2025 · 09:44 PM [NEW YORK] Wall Street’s main indexes opened subdued on Wednesday (Jun 18), ahead of the Federal Reserve’s monetary policy decision, as the Israel-Iran conflict that entered its sixth day kept investors on edge. The Dow Jones Industrial Average rose 20.2 points, or 0.05 per cent, at the…
Read More38 employers with 1,400 vacancies at NTUC-led job-matching exercise for Jetstar Asia workers
[SINGAPORE] The labour movement has brought on 38 employers in a job-matching exercise for the over 500 workers laid off by Jetstar Asia after the low-cost carrier announced its closure last week, the National Trades Union Congress (NTUC) said on Wednesday (Jun 18). The three-day exercise, which began on Tuesday and ends on Jun 19,…
Read MoreAmid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director?
[SINGAPORE] A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. Three independent directors, Royston Tan, Christopher Huang and Daniel Poh resigned last week amid relentless efforts of its largest shareholder to have Tan and Huang ousted. Tan and Huang resigned on Jun 11 after persistent attempts…
Read MoreDBS aims to double Australian lending book in 5 years
[SYDNEY] DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage of trade links between Australia and South-east Asia. The bank said on Wednesday (Jun 18) it had signed a pact with trade agency Austrade which will…
Read MoreCEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars
[NEW YORK] A blistering rally in a tiny, money-losing traditional Chinese medicine company’s stock has vaulted its founder’s net worth to among the world’s largest fortunes. The firm, Hong Kong-based Regencell Bioscience Holding, was for all intents and purposes trading as a microcap stock on the Nasdaq just eight weeks ago. But its shares have…
Read MoreDefence, oil and other names: Analysts look at ways to invest amid Israel-Iran conflict
[SINGAPORE] Recent attacks between Israel and Iran have caused investors to mull over where to place their bets next, especially with defence names rallying, as well as gold and oil prices spiking. Overall, global defence contractors on average rallied as much as 4 per cent in the initial reaction after the Israel-Iran attacks, Morningstar noted.…
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