Lifestyle
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...
Asia: Markets struggle as US data dents Fed rate cut optimism
ASIAN markets mostly fell on Friday after data pointing to a still-strong US economy raised fresh concerns about inflation and dampened optimism that the Federal Reserve will slash interest...
Global sugar supply surplus rises on India, Thailand, says broker
THE global sugar market is projected to have a larger than expected supply surplus in the 2023/24 October to September season due to production recoveries in India and Thailand...