Dismay over import curbs hampering business
New import restrictions are roiling supply chains and causing concern among companies including foreign investors in the automotive and electronic…
German companies keen to expand into Asean
There is growing interest among German companies to expand into Asean, and use Singapore as a gateway to the region,…
Westports poised to benefit from trade recovery
As Malaysia’s largest marine port operator, Westports Holdings Bhd is positioned front and centre to benefit from a pick-up in…
South Africa avoids European Union for a year on trade summit
South Africa has spent more than a year frustrating its biggest trade partner and largest foreign investor, the European Union…
Japan warns off excessive volatility as yen slides further
Japanese Finance Minister Shunichi Suzuki says authorities won’t rule out any options in dealing with excessive yen moves, repeating his…
Boeing’s cash woes persist amid sluggish handovers
Boeing Co likely didn’t deliver any 777 freighters during the first quarter, adding to its cash woes at a time…
CFO of Canada’s largest bank exits at crucial time
The sudden exit of Royal Bank of Canada’s chief financial officer (CFO) comes at a “critical juncture” for the lender…
Australian consumer confidence slumps in April
Australia’s consumer confidence declined in April as persistent inflation and interest rates at a 12-year high continued to squeeze households,…
Atos seeks at least US$1bil in new funding
The embattled French IT company Atos SE is seeking more than €1bil (US$1.09bil) in new funds and wants to cut…