Leadership
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
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
[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
[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$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
[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$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
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...