Business
Apple's iPhone 16 hits Indonesia stores after months long ban
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday (Apr 11) after Apple’s latest smartphone went on sale following a…
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Business
Business
CapitaLand Investment bullish on healthcare’s real estate needs
As South-east Asia’s population ages, more physical spaces are needed for the healthcare and wellness services that people will require in…
Business
Tokyo: Nikkei slumps on trade war worries, stronger yen
Japan’s Nikkei share average slumped on Friday (Apr 11) in a brutal end to a volatile week as investors worried about the economic fallout…
Business
Gold versus Bitcoin – a battle for portfolio diversification
As US President Donald Trump’s eye-watering tariffs triggered a tanking of the world’s markets in the past week, the paths of two…
Business
Shein gains UK approval for London IPO, awaits China nod: sources
Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public…
Business
Tesla China scraps ‘order now’ option for two imported EVs
Tesla’s website in China has removed the ‘order now’ option for Model S and Model X electric vehicles (EVs), which are both imported, just…
Business
Crumbling bridges slow traffic and the economy in Germany. Can more money fix the problem?
BAD SCHANDAU, Germany (AP) — Germany's reputation for efficiency is taking a hit from crumbling concrete. Cracks and collapses are also a…
Business
Novartis pledges US$23 billion US investment as tariffs loom
Trump has repeatedly said he intends to impose tariffs on pharmaceuticals, citing the industry’s reliance on manufacturing sites around…
Business
Google lays off hundreds of employees in Android, Pixel Group: The Information
Alphabet’s Google on Thursday (Apr 10) laid off hundreds of employees in its platforms and devices unit, which works on the Android…
Business
TikTok drives ByteDance’s 29% growth while China business slows
ByteDance’s revenue jumped 29 per cent to US$155 billion in 2024, after online video phenom TikTok drove a worldwide expansion that helped…
Business
Indonesian coffee chain Fore says its IPO oversubscribed by 200 times
The seven-year old company is the first domestic coffee chain to list on the bourse Indonesian coffee chain Fore said on Friday (Apr 11)…
Business
Bain seeks to raise at least US$7 billion for new Asia PE fund
Bain Capital is looking to raise billions of US dollars for its next Asia fund and a special situation fund in the region, as it moves to…
Business
How TikTok’s Parent, ByteDance, Became an A.I. Powerhouse
The Chinese internet giant ByteDance has made some of the world’s most popular apps: TikTok and, in China, Douyin and Toutiao. In the…
Business
USD weakens against SGD as tariff uncertainty roils markets
The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following…
Business
Buying the dip, nervous selling drive trading volumes up in Singapore amid tariff volatility
Brokerages recorded a surge in trading activity amid heightened market volatility after US President Donald Trump announced sweeping…
Business
CATL gets Hong Kong approval for this year’s biggest listing
The approval clears the way for the Chinese company and its bankers to start arranging meetings soon with investors to gauge demand for…
Business
Exits to remain tough for South-east Asia private equity despite uptick in 2024
Private equity (PE) enjoyed upticks in deal value and number of exits in 2024, but the exit environment remains tough, a report by…
Business
China tech faces worry beyond tariffs after US$350 billion wipeout
Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that…
Business
Berkshire sells 90 billion yen bonds in smallest Japan deal
Berkshire Hathaway priced 90 billion yen (S$628 million) of bonds on Friday (Apr 11), completing the yen deal even as sharp market…
Business
Berkshire yen bond deal is its smallest ever amid trade war
Berkshire Hathaway sold 90 billion yen (S$834 million) of bonds on Friday (Apr 11) in its smallest yen deal ever in a market rocked by an…
Business
Blockbuster Trade Idea Sends Talented $3.5 Million Pitcher To Cubs
By Zach Pressnell is a Newsweek contributor based in Columbus, Ohio. His focus is MLB content. He has an extensive knowledge of…
Business
China trade tensions lift safe-haven gold to record high
Gold prices raced to an all-time high on Friday (Apr 11), supported by recession concerns as escalating tariff tensions between the United…
Business
Tariff volatility to benefit SGX; Macquarie upgrades shares, lifts target price
As tariffs decimate the financial sector, the Singapore Exchange (SGX) is set to position itself as a defensive option with its suite of…
Business
Uber’s Annual Lost and Found List Includes a Mannequin Head and Chain Saw
It may surprise some to learn that New York is the most forgetful city when it comes to ride shares. So says Uber, which has released its…