Leadership

Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft[BEIJING] Microsoft’s joint venture Wicresoft will cease its China operations from Tuesday (Apr...
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft[BEIJING] Microsoft’s joint venture Wicresoft will cease its China operations from Tuesday (Apr...
BOJ warns of heightened uncertainty as Trump tariffs batter markets
BOJ warns of heightened uncertainty as Trump tariffs batter markets
[TOKYO] The Bank of Japan said uncertainty over Japan’s economy was growing as some firms worried about the hit to profits from higher US duties, a sign President Donald...
Japan’s Nikkei sinks to 1½-year low as bank shares tumble
Japan’s Nikkei sinks to 1½-year low as bank shares tumble
[TOKYO] Japan’s Nikkei share average slumped on Monday (Apr 7) to the lowest level in 1½ years, with the index of Japanese bank stocks diving more than 17 per...
Singapore banks lose over S billion in market value as tariff sell-off continues
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs.As at 12.50...
Boeing faces new civil trial over 2019 Ethiopian Airlines crash
Boeing faces new civil trial over 2019 Ethiopian Airlines crash
[NEW YORK]  Boeing is poised to face a jury trial from Monday over the fatal 2019 crash of an Ethiopian Airlines 737 MAX plane, the first civil case related...
The Hour Glass to acquire newly incorporated SPV for A million
The Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country[SINGAPORE] The Hour Glass’ wholly owned unit in Australia has signed a deal to...
Singapore’s STI plunges 8.5%, Japan’s Nikkei drops over 8% as Asian markets sell off sharply
Singapore’s STI plunges 8.5%, Japan’s Nikkei drops over 8% as Asian markets sell off sharply
No respite for Asian markets after massive losses last week following Trump’s tariff announcements[SINGAPORE] The selloff continued as Asian markets tumbled on Monday (Apr 7) morning, following US President...
Karin leans into Chinese tech demand to keep 47-year profit run alive
Karin leans into Chinese tech demand to keep 47-year profit run alive
[SINGAPORE] Few companies can boast a flawless track record – but Karin Technology has never booked a loss in its 47-year history, a streak chief executive Michael Ng credits...
Don’t catch the falling knife: Why analysts say it’s time to stay defensive
Don’t catch the falling knife: Why analysts say it’s time to stay defensive
[SINGAPORE] Amid one of the steepest equity sell-offs in years on Wall Street, the more adventurous investors may be tempted to “buy the dip”, but equity analysts are advocating...