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Shoe Firms, Consumers Get Big Break as Trump Extends China Tariff Deadline
American President Donald Trump doesn’t want to be the grinch that stole Christmas. On Monday, he signed an executive order that extended…
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Firms
Business
Gold slips as dollar firms, investors book profit; US data on tap
Gold prices slipped on Monday (Aug 11) as the US dollar strengthened and some investors locked in profits after a recent rally, with…
Culture
Singapore semiconductor firms are exposed to planned US tariffs, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of US semiconductor tariffs.…
Fashion
Singapore semiconductor firms exposed to planned US tariff, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of a US semiconductor tariff.…
News
Wealth firms are preparing richest Australians for pension tax fallout
A looming pensions tax on rich Australians is sparking a flurry of behind-the-scenes planning by the nation’s wealth managers, who say…
Lifestyle
Britons booking later, closer, shorter UK breaks, travel firms say
Elaine Doran & Colletta Smith Cost of living producer & correspondent UK holidaymakers are leaving it later to book shorter stays closer…
Business
Chinese firms sell record amount of currency options in first half of 2025
Broad US dollar weakness has underpinned the renminbi, but domestic economic weakness and lingering trade uncertainty with the US have…
Fashion
Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms
Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Business
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Business
BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
News
Shoe Firms Producing in Mexico Get 90-Day Tariff Extension
As the clock ticks down to the 12:01 Aug. 1 deadline, shoe firms that produce in Mexico get a last-minute reprieve — but only for another…
News
Republican state officials call on firms to prove that they've abandoned woke investing
Financial officers representing 21 red states said Tuesday that if investment firms want to conduct business with their states, they need…
Business
Chinese AI firms form alliances to build domestic ecosystem amid US curbs
China’s artificial intelligence (AI) companies have announced two new industry alliances, aiming to develop a domestic ecosystem to reduce…
Business
Tech firms to showcase AI innovations in a China under US sanctions
Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s…
Business
UK firms struggle to grow as BOE rate decision approaches
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June British business activity grew only…
Business
Microsoft server hack likely single actor, thousands of firms now vulnerable, researchers say
A global attack on Microsoft server software used by thousands of government agencies and businesses to share documents within…
News
Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US…
Business
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked…
Business
ESA spaceplane project revives bankrupt firm’s hypersonic engine
A bankrupt company’s propulsion system for hypersonic planes is being revived by Invictus, a new European Space Agency (ESA)-backed…
News
Mexico, EU Tariff Threats Follow Double-digit Trend: How Shoe Firms Are Responding
Where will the tariff sweep settle? No one knows yet what the way forward will be, but a likely double-digit percent tariff for all…
Fashion
US Senators Warn Nvidia CEO Jensen Huang Against Meeting Chinese Military-Linked Firms During China Trip
Two prominent U.S. senators have urged Nvidia CEO Jensen Huang to avoid meetings with Chinese companies suspected of undermining U.S.…
News
Meet the 5 space tech firms vying to be Europe’s next launch provider
Five rocket companies will compete for contracts to provide Europe’s next launch services — and boost the continent’s troubled access to…
Business
Danish firm’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
A new logistics facility by Danish giant DSV will support the flow of goods across the Causeway, said Minister-in-charge of Energy and…