Business
Apple’s China smartphone shipments slide 9% in first quarter
The government subsidies for smartphones and some other consumer electronics refund consumers 15 per cent of products with a sticker price…
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Business
Business
2024 Top 100: Growing Pains Hamper The Estée Lauder Cos.
With a C-suite shuffle, thousands of layoffs, an Amazon U-turn and a disappearing outlook, it was a wild ride in 2024 for the Estée Lauder…
Business
US House committee calls on JPMorgan, BofA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the…
Business
Adani to sell Australian terminal to his port firm in stock deal
More than 30 million tonnes of thermal and metallurgical coal are exported annually through the terminal Billionaire Gautam Adani will…
Business
Intel will need license to export AI chips to Chinese clients: FT
The artificial intelligence chip trade is losing steam after a two-year rally as tariff threats and fears over Big Tech’s spending weigh…
Business
Nvidia CEO visits Beijing after US bars chip sales to China
Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the…
Business
EXCLUSIVE: Unpacking the Saks Global Plan to ‘Reset’ the Luxury Experience
In February, Saks Global said it had a master plan to “reset” the luxury experience, but offered few specifics. What it did lay out were a…
Business
Congressmen sound alarm over data privacy following 23andMe bankruptcy
Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing…
Business
US: Stocks mixed as Trump eyes trade deal, rips Powell
Wall Street stocks finished mixed on Thursday (Apr 17) as markets weighed more upbeat comments from US President Donald Trump on trade…
Business
Italian Sustainable Shoe Brand and Consultancy ACBC Sells Majority Stake to Swiss Fund
MILAN — Italian sustainable shoe brand and consultancy ACBC — known for its modular sneakers engineered with a zipper system that ties…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
BasicNet Names Alessandro and Lorenzo Boglione Co-CEOs
MILAN — The Italian BasicNet, parent to K-Way, Superga and Sebago, among other fashion companies, has set in motion its succession plan —…
Business
Trump Blasts Federal Reserve Chairman Jerome Powell and Calls for Him to be Fired after Demanding Interest Rate Cuts to Boost Economy
Donald Trump intensified his longstanding conflict with Federal Reserve Chairman Jerome Powell as the President attacked him for not going…
Business
Google held a monopoly in online ad tech, U.S. judge finds
In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some…
Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Business
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the…
Business
US: S&P 500, Nasdaq open higher; UnitedHealth weighs on Dow
The S&P 500 and the Nasdaq opened higher on Thursday (Apr 17), with focus on US-Japan tariff talks, while a slump in UnitedHealth’s shares…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling…
Business
Cascale, Aii report shows Vietnam gains ground in apparel’s low-carbon shift
The report titled "Vietnam Country Report: Macroeconomic, Socioeconomic, and Industry Analysis" provides an in-depth look at Vietnam's…
Business
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage…
Business
Retail’s Crossroads: Plotting a Course to Redefine Success
The retail industry finds itself at a critical inflection point as it grapples with a global trade war, inflationary pressures, shifting…
Business
Egypt's Suez Canal revenue fell sharply in 2024 on regional tensions
Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to…
Business
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to…
Business
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on…