Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Tag
Hit
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
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 cent An…
Business
How Spain and Portugal’s economies could be hit by the blackout
Many workers were forced to leave their posts in Spain and Portugal on Monday after a major power cut affected phone lines, internet…
News
Spain and Portugal hit by nationwide power outages
Spain and Portugal have been hit by a power outage covering wide areas across the two countries. Capitals Madrid and Lisbon are included…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Malaysia's Petronas secures extra gas supply after hit from Putra Heights pipeline fire
Malaysian oil and gas giant Petroliam Nasional said on Wednesday (Apr 16) it has secured additional gas supplies to minimise supply…
Unsorted
French prisons hit by mystery arson and gunfire attacks
A wave of coordinated attacks have hit prisons across France, with unknown assailants torching cars outside several jails, leaving…
Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Business
TI and Intel shares sink as China tariffs hit US-made chips
Shares of chipmakers with US manufacturing plants fell on Friday (Apr 11) after China announced new tariffs, targeting semiconductor…
Business
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.…
Business
DBS’ printing vendor hit by ransomware attack; bank says about 8,200 customers potentially affected
About 8,200 customers of DBS Bank – as well as those of the Bank of China’s Singapore branch – may have had their customer information…
Business
DBS’, Bank of China’s printing vendor hit by ransomware attack; more than 11,000 customers affected
About 8,200 customers of DBS Bank – as well as 3,000 from the Bank of China’s Singapore branch – have had their customer information…
Fashion
How Much Will Hermès Birkins, Chanel Flap Bags and Fendi Baguettes Cost After Trump’s Tariffs Hit European Imports?
With 20 percent tariffs imposed on European Union countries by U.S. President Donald Trump’s new policy, brands like Hermès, Fendi,…
Business
Junk bonds suffer worst rout since 2020 with US hit hardest
US junk corporate bonds led the biggest slump in global high-yield debt since 2020 as the steepest American tariffs in a century triggered…
Business
Singapore bourse one of least hit in region by US tariff tsunami; STI down 0.3%
Compared to their regional peers, Singapore shares ended Thursday (Apr 3) almost unscathed by the tsunami of tariffs the United States…
Business
Analysts raise gold price forecasts after spot prices hit fresh record
Gold’s record-breaking rally is not over yet, especially amid looming recession risks and central bank demand, said analysts. After spot…
Business
Cordlife served two letters of demand from customers; any settlement likely to hit group’s finances
One group of clients seeking damages under contract breach, negligence; the other wants warranties and cost compensation Cordlife received…
Unsorted
Lacoste's Iconic Polo Shirt Has Hit a Once-a-Season Low Price
Long before Challengers made tennis sexy, the Lacoste polo shirt made it stylish. Around a century ago, French racquet phenom René…
Fashion
New Balance’s Hit Grandpa Sneaker Is Now Even More Geriatric-Looking
When New Balance revealed their new Allerdale silhouette a few weeks, ago we called it a shoe to watch over the next year—not just at New…
Business
Calvin Klein’s Penthouse Office and Studio in Chelsea to Hit the Market
Millions might like to live like Calvin Klein with his ultraclean, minimalist aesthetic, and soon they can. The designer is putting his…