Culture
Emirates airline group announces record US$6.2 billion gross profit
[ad_1] The 18% rise in profit, slimmed to US$5.6 billion after the UAE’s recently introduced corporate taxPublished Thu, May 8, 2025 · 04:02 PM[DUBAI] Dubai’s Emirates Group, which includes the...
Maersk cuts global container market outlook on tariff war
[ad_1] Maersk sees global container volume market in the range of 1% decline to growth of 4% this yearPublished Thu, May 8, 2025 · 03:18 PM[COPENHAGEN] AP Moller-Maersk, the Danish...
Toyota sees 180 billion yen profit hit in two months from tariffs
[ad_1] [TOKYO] Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese...
Toyota warns of profit drop as tariff chaos threatens carmakers
[ad_1] [TOKYO] Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble to shield themselves from US...
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
[ad_1] It will set up centres of excellence in product management, artificial intelligence and anti-money laundering[SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment...
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
[ad_1] [SINGAPORE] The US Federal Reserve does not want any part of US President Donald Trump’s trade war, and it is determined to sit on the sidelines until the extent of...
Indonesia reserves drop most in almost two years on rupiah woes
[ad_1] Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards marketPublished Thu, May 8, 2025 · 01:08 PM[JAKARTA] Indonesia’s foreign-exchange reserves...
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
[ad_1] [SINGAPORE] The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs remains a key risk for equities and...
Thailand to shortlist central bank chief candidates by July 2, official says
[ad_1] [BANGKOK] A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8), ahead of the...
Boeing vows to deliver new Air Force One by 2027, US official says
[ad_1] [WASHINGTON] A top US Air Force official said Boeing is proposing to deliver its new version of Air Force One by 2027 as officials look to satisfy US President...
