News

Nestle sales rise on price hikes for coffee, cocoa products
[BERN] Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa. Revenue grew 2.8 per cent on an...
Contributor: Is your favorite influencer’s opinion bought and sold?
Your addictive doomscrolling on X, TikTok or Instagram may also be the latest nexus for millions of dollars in secret political corruption.Over the last month, the problem has come...
Huawei raises record 20 billion yuan in Chinese debt issuance spree
[BEIJING] The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade tensions with the US spur...
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck with its profit forecasts despite a deteriorating economic outlook...
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources 
[SINGAPORE] The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because expected vehicle stock was not delivered, The Business...
Latest Singapore six-month T-bill cut-off yield falls to 2.38%
Demand shrinks with the auction receiving S$16.6 billion in applications for the S$7.4 billion on offer[SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.38...
Marina Bay Sands Q1 revenue holds steady at US$1.2 billion amid strong operating environment
[SINGAPORE] Net revenue for Marina Bay Sands (MBS) remained steady at around US$1.2 billion for Q1, with the business improving service offerings and introducing new suite products.The casino resort...
Las Vegas Sands drops out of contest to develop New York City area casino
Applications are due in June, with a final decision expected by December, according to the New York State Gaming Facility Location BoardPublished Thu, Apr 24, 2025 · 10:50 AM[LOS...
Trump considers reducing Chinese car part tariffs: FT
Published Thu, Apr 24, 2025 · 09:53 AM[NEW YORK] The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the...
Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the US rather than store it without...
Sinarmas Land loses free float; trading to be suspended
The offer by Lyon Investments receives valid acceptances to acquire 92.3% of shares[SINGAPORE] Shares of Sinarmas Land that are held by the public no longer make up 10 per...
TSMC shows off new tech for stitching together bigger, faster chips
[SANTA CLARA] Taiwan Semiconductor Manufacturing Company (TSMC) on Wednesday (Apr 23) unveiled technology for making faster chips and putting them together in dinner-plate-sized packages that will boost the performance...