Business
China’s central bank chief warns trade frictions threaten trust in world economy
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng…
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Business
This VC-backed network is on a mission to tackle the well-being crises with tech
Last year, NN Group and Rubio Impact Ventures launched the NN Social Innovation Startup Award providing grants and mentoring to startups…
Business
Kering Shares Fall 6% After Weak Q1 Results
Shares in Kering slumped as much as 6 percent in early trading Thursday on the Paris bourse as investors digested its 14 percent decline…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Mytheresa Finalizes Yoox Net-a-Porter Acquisition, Will Begin Trading as ‘LUXE’ on May 1
LONDON – Mytheresa has finalized its deal to acquire Yoox Net-a-Porter, creating an online mega-group with the aim of becoming 4 billion…
Business
Edoardo Bussi Launches Production and Sales Company Twenty-Nine Palms Entertainment (EXCLUSIVE)
Former Amazon MGM Studios and GFM Films exec Edoardo Bussi has launched international production and sales company Twenty-Nine Palms…
Business
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources
The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because…
Business
Ofcom announces new rules for tech firms to protect children online
Social media platforms and websites will be legally required to protect children from accessing harmful content online or risk facing…
Business
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025 Nokia reported first-quarter profit…
Business
Revolut Singapore in the black, targets South-east Asia
Neobank Revolut announced that its Singapore operations turned profitable, amid a continuing streak in the black for the wider company in…
Business
European climate tech funding sunk to five-year low in Q1 — here’s why
Europe’s climate tech startups raised $2.3bn (€2bn) in the first quarter of this year — the lowest total since Q3 2020, according to…
Business
Vietnam Airlines signs funding deal with Vietcombank for 50 narrow-body planes
Flag-carrier Vietnam Airlines said on Thursday (Apr 24) it had signed a memorandum of understanding with the country’s top lender…
Business
Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank…
Business
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker…
Business
Marina Bay Sands Q1 revenue holds steady at US$1.2 billion amid strong operating environment
Net revenue for Marina Bay Sands (MBS) remained steady at around US$1.2 billion for Q1, with the business improving service offerings and…
Business
Las Vegas Sands drops out of contest to develop New York City area casino
Applications are due in June, with a final decision expected by December, according to the New York State Gaming Facility Location Board…
Business
Millions of vapes seized in England as illegal trade targeted
Alix Hattenstone BBC News, England More than six million illegal vaping products have been seized by Trading Standards officers across…
Business
Keppel’s Q1 net profit jumps more than 25%; expects limited direct tariff impact
Keppel reported on Thursday (Apr 24) a strong Q1 performance for 2025, with net profit rising more than 25 per cent year-on-year. These…
Business
Keppel posts more than 25% jump in Q1 net profit, expects limited direct tariff impact
Keppel’s net profit rose more than 25 per cent for the first quarter ended March, driven by improvements in its real estate and asset…
Business
China to kick off special bond sale as tariffs threaten economy
China is set to issue the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by…
Business
China kicks off special bond sale as tariffs threaten economy
China issued the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by authorities…
Business
Gold prices bounce back from one-week low on dip buying
Gold rose on Thursday (Apr 24) as investors bought the dip after prices hit one-week lows in the previous session on US President Donald…
Business
Mapletree Industrial Trust proposes US$11.8 million divestment of US data centre
Mapletree Industrial Trust (MIT) is proposing to divest its data centre in Georgia, US, for US$11.8 million, it said on Wednesday (Apr…
Business
Sinarmas Land loses free float; trading to be suspended
The offer by Lyon Investments receives valid acceptances to acquire 92.3% of shares Shares of Sinarmas Land that are held by the public no…