Lifestyle
Japan’s tepid warning on yen fuels renewed weakness ahead of IMF meetings
JAPAN’S finance minister warned he was ready to take action in the foreign exchange market if needed, but stopped short of his maximum threat, comments that fuelled renewed yen...
Tesla global job cuts hit China sales team
TESLA’S global job cuts are hitting China, the automaker’s biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said.CEO Elon...
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
TELECOM equipment maker Ericsson reported on Tuesday (Apr 16) a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite...
Morgan Stanley sees fed cut delay pushing back easing in Asia
MOST central banks across Asia are likely to begin cutting interest rates later in the year – if at all, according to economists at Morgan Stanley, as the US...
China’s growing plastics dominance is squeezing out Asian rivals
CHINA’S rapidly expanding petrochemicals industry is making life increasingly difficult for producers in Asia’s next-biggest exporter of the building blocks for making plastics. Asia’s largest economy used to be...
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 5 per cent rise in first-quarter profit...
Singapore shares open lower on Tuesday; STI down 0.3%
SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. As at 9.01 am,...
Keppel DC Reit to divest Sydney data centre at A$174 million agreed value
KEPPEL DC Real Estate Investment Trust (Reit) is divesting a 100 per cent freehold interest in its Sydney data centre, Intellicentre Campus, at an agreed value of A$174 million...
