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...
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...