Leadership
Japan Foods books S$576,000 loss for H2 on higher expenses
Japan Foods has sunk into the red with a net loss of S$576,000 for its second half-year ended March, after having chalked up a net profit of S$1.8 million...
Alphabet, Meta offer millions to partner with Hollywood on AI
ALPHABET and Meta Platforms have held discussions with major Hollywood studios about licensing content for use in the tech giants’ artificial intelligence (AI) video generation software, according to sources...
Volkswagen says cost cuts not tariffs will protect Europe from Chinese EVs
VOLKSWAGEN (VW) said higher import tariffs for Chinese-made electric vehicles (EVs) in the European Union will offer only a short respite, with lower costs necessary to stay competitive over...
Rakuten, eBay team up to test US market for used Japanese fashion goods
JAPAN’S Rakuten Group is partnering with eBay to test US demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low.
The tie-up,...
India’s top airline IndiGo goes premium with business class foray
India’s IndiGo airline operator Interglobe Aviation said on Thursday (May 23) it will introduce business class on some domestic flights this year, in a departure from its single-class cabin,...
US: Nasdaq, S&P 500 open higher as Nvidia drives chip stocks rally
The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Thursday (May 23), driven by strong gains in chip stocks after Nvidia’s upbeat revenue forecast cemented investor optimism...
DFI Retail’s underlying profit for FY24 expected to be between US$180 million and US$220 million
DFI Retail Group : D01 0% said in a bourse filing on Thursday (May 23) that it continues to expect its underlying profit for FY2024 to be between US$180...
China’s support for food production will strengthen, says premier
China’s policy support for food production will strengthen, not weaken, China’s premier Li Qiang said during a visit to central Henan province, state television CCTV reported on Thursday (May...
