Posts by Yurie Miyazawa
French court rejects Shein suspension
A FRENCH court on Friday rejected the state’s request to suspend Shein’s site in France as “disproportionate” after the Asian e-commerce giant removed illicit products sold on its platform. The French government said it would appeal the ruling. French authorities had requested the ultra-fast-fashion giant’s site be blocked for three months after weapons, banned medications…
Read MoreEconomyBookings.com vs. Booking Directly: How to Get the Best Deal on Your Next Car Rental
When you’re planning your next trip and need a rental car, you’re faced with an important decision: should you book through an aggregator like EconomyBookings or go directly to the rental company? This choice has real implications for your wallet, your travel flexibility, and your overall rental experience. The answer typically depends on your unique…
Read MoreIndia’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani Enterprises plans to aggressively bid for 11 airports that the federal government plans to lease to the private sector, as part of the company’s US$11 billion expansion strategy for airport infrastructure. The conglomerate, led…
Read MoreCNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company [SINGAPORE] A Malaysian unit of CNMC Goldmine has been slapped with additional income tax and penalty amounting to RM29.6 million (S$9.4 million) for the years of assessment 2019 to 2024. The Catalist-listed gold-mining company…
Read MoreSMRT announces senior management changes as deputy group CEO steps down
Its group chief communications officer will also relinquish the role to focus on the company’s ESG and CSR agenda [SINGAPORE] Transit operator SMRT on Friday (Dec 19) announced two key senior management changes, including the departure of deputy group CEO Lee Ling Wee. Lee, who is also the president of SMRT’s business arm Strides International…
Read MoreThe Chinese-made DJI drones used by US police face a MAGA-fuelled reckoning
If DJI fails to get FCC clearance by Christmas, it could join Huawei and ZTE on the agency’s list [WASHINGTON] President Donald Trump’s administration faces a Tuesday (Dec 23) deadline for declaring whether Chinese drone maker DJI Technologies poses a national security threat, a decision with the potential to ground thousands of machines deployed by…
Read MoreBOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October [TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark step in ending decades of huge monetary support and…
Read MoreTrump praises Fed Governor Waller as ‘great’ after interview for Fed Chair
[WASHINGTON] US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed chair, praising him as “great.” Trump said three or four finalists remain in contention for the post. Trump was also asked for his thoughts on Federal Reserve Governor Michelle Bowman,…
Read MoreBNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next stage, says Vince in an exclusive interview [SINGAPORE] Three years into its 10-year transformation plan, BNY is entering its next phase of change. It will deepen artificial intelligence (AI) integration into operations and a pick-up in speed…
Read MoreUBS plans January job cuts to kick off final year of integration
[ZURICH] UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another round later in 2026 as UBS intends to switch off computer systems it acquired when it took over its former competitor in 2023, the people said,…
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