Lifestyle
Japan’s stock boom gets broader support than just exporters
NOT even an interest-rate hike for the first time since 2007 has slowed the record-breaking surge in Japanese shares. Signs that deflation has ended are driving investors to bet...
Sustainable aviation fuel costs must be lower, Exxon VP says
COSTS are the main obstacle to increasing the use of sustainable aviation fuel (SAF), Exxon Mobil Senior Vice President Jack Williams said on Friday (Mar 22). SAF accounts for...
Bosch, Lennox, Samsung vie for Johnson Controls HVAC assets, sources say
ROBERT Bosch GmbH, Lennox International and Samsung Electronics are among the suitors competing to acquire heating and ventilation businesses worth over US$6 billion from Johnson Controls International, people familiar...
Cocoa processor Blommer to close Chicago chocolate factory
COCOA processor Blommer Chocolate will close its Chicago chocolate factory as the aging facility is no longer reliable. The company, owned by Japan’s Fuji Oil Holdings, said its original...
Oil prices slip on Gaza ceasefire talks
OIL prices slipped on Friday (Mar 22) and were flat on the week as the possibility of a ceasefire in Gaza weakened crude benchmarks, while the war in Europe...
Shangri-La Asia returns to black in FY2023 with US$184.1 million net profit
SHANGRI-LA Asia on Friday (Mar 22) recorded a net profit of US$184.1 million for its full year ended Dec 31, 2023, reversing from a US$158.5 million loss a year...
Australia’s central bank warns of another tough year for borrowers, businesses
AUSTRALIA’S central bank expects another tough year for households and businesses, signalling little rate relief in months ahead, but judged the banking sector was well capitalised to absorb any...
Cathay pledges full summer schedule, normal prices within a year
CATHAY Pacific Airways pledged to run its full flight schedule over Easter and the upcoming summer months without any major cancellations, chief executive officer Ronald Lam said, as he...
