Begins

Cosco Shipping begins building expanded logistics hub on Jurong Island
Cosco Shipping begins building expanded logistics hub on Jurong Island
December 17, 2024
LOGISTICS management service provider Cosco Shipping International (Singapore) started construction work on Phase 2 of its logistics hub on Jurong Island on Tuesday (Dec 17). When completed, the capacity...
Zara owner Inditex’s sales growth slows as holiday shopping begins
Zara owner Inditex’s sales growth slows as holiday shopping begins
December 11, 2024
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season. The Arteixo, Spain-based retailer said revenue, excluding currency swings, grew 9 per...
Cargill begins job cuts in drive to reduce headcount by 5%
Cargill begins job cuts in drive to reduce headcount by 5%
December 4, 2024
GLOBAL commodities trader Cargill began laying off employees across its vast operations on Tuesday (Dec 3) in a drive to slash headcount by 5 per cent, sending US workers...
Bandai Namco begins to cut headcount after culling game titles
Bandai Namco begins to cut headcount after culling game titles
October 15, 2024
VIDEO game publisher Bandai Namco Holdings is cutting its workforce after cancelling several titles due to lacklustre demand, according to people familiar with the matter. The Tokyo-based company is taking...
Japan’s US trillion ‘carry trade’ begins to slowly unwind
Japan’s US$4 trillion ‘carry trade’ begins to slowly unwind
October 2, 2024
JAPAN’S investors are starting to lose their decades-long infatuation with overseas assets. In the first eight months of the year, Japanese investors snapped up a net 28 trillion yen (S$249...
Google judge questions company testimony as ad defense begins
Google judge questions company testimony as ad defense begins
September 21, 2024
A senior Google executive sought to refute the US Justice Department’s antitrust case over its display advertising technology business, testifying that it faces “fierce competition” from the likes of...
Google judge questions company testimony as ad defense begins
Google judge questions company testimony as ad defence begins
September 21, 2024
A senior Google executive sought to refute the US Justice Department’s antitrust case over its display advertising technology business, testifying that it faces “fierce competition” from the likes of...
US Fed begins two-day meeting set to end with rate cut
US Fed begins two-day meeting set to end with rate cut
September 17, 2024
The US Federal Reserve began a two-day interest rate discussion on Tuesday (Sep 17) that is all-but-certain to end with its first cut since March 2020, as inflation continues...
China begins anti-dumping probe into Canadian rapeseed
China begins anti-dumping probe into Canadian rapeseed
September 9, 2024
China announced on Monday (Sep 9) the start of a one-year anti-dumping investigation into imports of rapeseed, also known as canola, from Canada, just weeks before Ottawa’s 100 per...
Air Canada begins preparations for shutdown due to ‘inflexible’ union demands
Air Canada begins preparations for shutdown due to ‘inflexible’ union demands
September 9, 2024
Air Canada is finalising plans to suspend most of its operations, likely beginning on Sunday (Sep 15), as talks with the pilot union are nearing an impasse over “inflexible”...