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Apple expects US$900 million tariff hit as shifts US iPhone supply to India
[SAN FRANCISCO] Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.Apple expects US tariffs to...
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
[SAN FRANCISCO] Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.Apple expects US tariffs to...
GM slashes guidance with up to US$5 billion hit from tariffs
[DETROIT] General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so...
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
[BENGALURU] The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics...
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
[TOKYO] The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to exports...
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
[BENGALURU] European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate earnings, ending a sluggish month marred...
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per centPublished Wed, Apr 30,...
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
[SINGAPORE] Mortgagee listings in Singapore property auctions surged in the first quarter of 2025 as distressed sales due to the last two years of high interest rates have started...
