Business
U.S.-China trade war threatens to upend not only the American economy but the global order
As President Trump pushes the United States into a trade war with China, the trade-offs are often described as higher consumer prices and…
Section
Business
Business
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on…
Business
DP World continues expansion in Brazil
Logistic giant DP World has opened a new freight forwarding office in the Brazilian city of São Paulo. The new location in the Jardim…
Business
Man shares DNA test for "big boy" dog, turns out he's a wolf
A TikToker has gained viral attention after sharing the results of his 100-pound canine's DNA test, proving that he is in fact part wolf.…
Business
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it…
Business
SIA launches joint fare products with All Nippon Airways on Singapore-Japan flights
Singapore Airlines (SIA) and All Nippon Airways (ANA) will begin operating revenue-sharing flights between Singapore and Japan from…
Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
Business
ECB to cut rates again to help economy overcome trade turmoil
The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up…
Business
Asia: Markets boosted by ‘Big Progress’ in Japan tariff talks
Tokyo led stocks higher on Thursday (Apr 17) as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell’s warning…
Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…
Business
Bank of Korea holds rate steady while citing big rise in downside risks
The Bank of Korea (BOK) kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have…
Business
Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate…
Business
Malaysia Airlines reports lower profit in 2024 amid operational challenges
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
Business
Malaysia Airlines parent reports lower profit in 2024
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
Business
Insurance Claims: The New AI Reality
The world of insurance claims is changing fast, and a big part of that change is artificial intelligence (AI). While some worry that AI…
Business
Bhutan turns to 'green' cryptocurrency to fuel economy
By Rupam Jain NEW DELHI (Reuters) - The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using…
Business
Olam to sell whole stake in port operator for US$175 million
Agribusiness giant Olam will dispose of its entire stake in port and logistics operator Arise P&L for a US$175 million consideration, as…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Business
Gold continues record rally as trade war woes fuel safe-haven demand
Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade…
Business
CapitaLand Investment launches its first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in…
Business
China stares down Boeing parts shortage as Comac stockpiles
China is hunkering down for a trade war winter without American-made jets and aircraft parts. With China banning Boeing jets as part of…
Business
Yankees Trade Pitch Solves Third Base Problem With $24 Million Veteran
The New York Yankees are off to a good start in their quest to defend their American League pennant, sitting atop the AL East before…
Business
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17). CapitaLand Investment (CLI):…
Business
Keppel DC Reit scores higher Q1 DPU of S$0.02503 on acquisitions, strong portfolio performance
Keppel Data Centre Reit (Keppel DC Reit) recorded a higher distribution per unit (DPU) of S$0.02503 for the first quarter, up 14.2 per…