News
Airbus revises up 20-year jet demand forecast despite trade tensions
[ad_1] [PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current...
Asia: Shares stumble after Trump’s latest trade threat
[ad_1] [HONG KONG] Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon...
Apac data centre boom straining power grids; reliability key to site selection: report
[ad_1] [SINGAPORE] Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing...
Meta taps top researchers from Google, Sesame for new AI lab
[ad_1] META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a more advanced form of AI called artificial...
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
[ad_1] [TOYOTA CITY, Japan] Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders assemble for the Japanese...
Nvidia marks Paris tech fair with Europe AI push
[ad_1] [PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into...
US: S&P 500, Nasdaq open near record levels after May inflation data
[ad_1] Published Wed, Jun 11, 2025 · 09:42 PM[NEW YORK] The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns...
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
[ad_1] [SINGAPORE] Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter ended Mar 31, reversing a net loss of US$4.5...
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice
[ad_1] [SINGAPORE] Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement went out.“It was unexpected –...
India’s central bank to use cash reserve ratio as active liquidity tool
[ad_1] [MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash...
