Business
Toyota sees 180 billion yen profit hit in two months from tariffs
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…
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Lifestyle
Low-cost carriers hit hardest by US travel demand slump
A slump in travel demand due to President Donald Trump’s trade war has left all US airlines reeling, but the pain is most acute at budget…
Business
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the…
News
Chinese Imports to US Hit 20-Year Low as Tariffs Sink In
The share of U.S. imports from China in the first quarter of the year fell to its lowest point in over 20 years, as the high tariffs…
Business
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from the city to…
Fashion
Shein, Temu ramp up advertising in UK and France as US tariffs hit
Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in…
News
Trump’s tariffs are starting to hit the busiest port in the country. Next come the store shelves
The effects of President Donald Trump’s tariff policies are already appearing at America’s busiest port, and its top official says that…
News
Trump says foreign-made films are a ‘national security threat’, wants them hit with a 100% tariff
President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post Sunday night on his Truth…
Culture
Sundance Hit ‘Omaha’ Nabbed by Cercamon for International Sales, Heads to Cannes Market (EXCLUSIVE)
Dubai-based sales agency Cercamon has snagged international sales rights to family drama “Omaha” following its acclaimed world premiere at…
News
Trump tariffs: US president says non-US movies to be hit with 100% levies
US President Donald Trump says he will hit movies made in foreign countries with 100% tariffs,as he ramps up trade disputes with nations…
Culture
Marvel and Disney's Thunderbolts proves hit at the box office
Marvel and Disney's newest release Thunderbolts* has proved a hit at the box office, after taking an estimated $162m (£122m)…
News
Companies Are Raising Prices as Tariffs Hit
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like…
Business
Why TikTok got hit with a $600 million fine from EU privacy watchdogs
European Union privacy watchdogs fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the…
Business
Why Apple Warned About a $900 Million Tariff Hit
The worst is yet to come Wall Street had been anxiously awaiting the latest quarterly results from Amazon and Apple to see how badly the…
Business
Australia shares hit near two-month high on boost from banks
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the decline in…
Business
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
Apple Services Revenue Rises 11.6% to Hit New Record, Tech Giant Posts $24.8 Billion Profit
Apple‘s services revenue continued to climb in the first three months of 2025 to hit a new record, although at a slower pace than past…
Business
Harrods latest retailer to be hit by cyber attack after M&S and Co-op
The luxury department store Harrods says it is the latest retailer to have been targeted by a cyber attack. The firm said it had…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
UK weather: Record heat to kick off May as temperatures forecast to hit 29C
Very warm, even hot weather has been felt right across the UK on Wednesday with temperatures widely in the low to mid-twenties. The…