Business
Former Citigroup traders drop Hong Kong lawsuit on cost concerns
Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a…
Tag
Drop
Politics
Trump pushes Republicans to drop SALT, Medicaid demands and pass his massive agenda bill
President Trump told House Republicans during a closed-door meeting at the Capitol on Tuesday to drop their push for further changes to…
Politics
UN emergency aid chief: New Gaza aid supplies a 'drop in the ocean'
UN emergency relief coordinator Tom Fletcher warned on Monday that the limited aid deliveries recently allowed into the Gaza Strip fall…
Business
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global…
News
Toyota warns of profit drop as tariff chaos threatens carmakers
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Politics
Novo Nordisk latest drugmaker to drop gender goals in US
This follows executive orders by President Donald Trump to stop diversity, equity and inclusion initiatives Obesity drugmaker Novo Nordisk…
Politics
Temu, Shein see US sales drop in week after tariff price hikes
Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US…
Business
China resumes spot LNG purchases to take advantage of price drop
The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Business
Brent crude oil prices drop on demand fears
Brent crude oil prices fell more than US$1 a barrel on Monday morning as economic worries from the US-China trade war were pressuring…
Politics
UK claims 90% drop in mail-order cannabis from Thailand
The amount of cannabis posted to the UK from Thailand has dropped by 90% in three months thanks to cooperation with Thai Customs, the Home…
Business
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic…
Politics
“Drop Dead City” Spotlights a Lost Era of Liberal Government
At a time when the very function of government is being destroyed from within, an extraordinary historical documentary, “Drop Dead City,”…
Fashion
Kering sales drop more than expected in first quarter as Gucci crisis deepens
The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible…
News
“Madness”: Trump Tariff Lunacy Suddenly Darkens Amid Brutal Poll Drop
On Tuesday, largely due to President Trump’s tariffs, the International Monetary Fund downgraded its projections for economic growth in a…
Business
House China committee urges US banks to drop CATL listing roles
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the…
Business
US House committee calls on JPMorgan, BofA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the…
Business
US House committee calls on JPMorgan, BOA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America (BOA) and JPMorgan Chase to withdraw from working on…
Business
US: Nasdaq ends down 3.1% on Nvidia drop, economic angst
Wall Street stocks tumbled on Wednesday (Apr 16) as the Federal Reserve chief warned of the drag from US President Donald Trump’s tariffs,…
Business
Hong Kong stocks drop on trade war anxiety, China inches higher
Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising…
Business
Aztech Global’s Q1 profit plunges 90.6% to S$1.5 million on demand drop
Earnings per share for the period comes in at S$0.002, down from S$0.0206 a year ago Aztech Global’s net profit for the quarter ended Mar…
Business
China engineers orderly yuan drop as trade war threatens growth
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the…
Business
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by…