Culture

Nissan drops plan for Fukuoka battery plant to focus on recovery
[ad_1] The company is betting on a broad restructuring and new leadership team helmed by chief executive officer Ivan Espinosa, who took office in April and pledged to turn things...
Indonesia seeks to end rice imports this year as output jumps
[ad_1] [JAKARTA] Indonesia is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the world’s top growers...
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
[ad_1] [HONG KONG] US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business...
Gold firms on dip buying; US-China trade talks in focus
[ad_1] Published Fri, May 9, 2025 · 10:01 AM[BENGALURU] Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked...
US sanctions on China refiners over Iran oil disrupt operations: sources
[ad_1] [SINGAPORE] Recent US sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell product under other names, sources familiar...
Luxury labels ditch steep China discounts to rebuild brand value
[ad_1] [HONG KONG] Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less...
Paramount beats estimates as streaming results pick up
[ad_1] [NEW YORK] Paramount Global, the parent of CBS and MTV, reported first-quarter results that beat analysts’ estimates, reflecting the improving performance of its Paramount+ streaming platform. Revenue totalled US$7.19...
Far East Orchard Q1 net profit more than doubles to S$17.3 million
[ad_1] [SINGAPORE] Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$17.3 million for the first quarter ended Mar 31, 2025, from S$6.9 million the...
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
[ad_1] [LONDON] The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US...
Crowdfunding Success Stories You Won’t Believe
[ad_1] Crowdfunding has taken the world by storm, transforming how people support causes they care about. From education to health care, countless stories showcase how a group of passionate individuals...
Australia exchange operator proposes IPO reforms to revive listings
[ad_1] [SYDNEY] The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of Australia’s capital markets and revitalising its...
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
[ad_1] [SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market...