China has called on all sides of the Iran war to ensure the safe passage of ships through the Strait of Hormuz, to ensure trade through the waterway continues.
Seatrium's gross profit margin has increased from -2.9% in FY2023 to 7.4% in FY2025, on the back of cost optimisation measures, including divestment of non-core assets.
Bitcoin dropped after briefly surpassing US$70,000 on Monday (March 2), dragged lower along with other risk assets by ...
The Bank of Russia is suing the European Union for putting an indefinite freeze on assets blocked over Russian President Vladimir Putin’s invasion of Ukraine.
Nidec Corp said it may book up to ¥250 billion (US$1.6 billion or $2.03 billion) in impairment charges as it looks to tally ...
A total of 1,416 Filipinos in Israel, Iran, the United Arab Emirates, Bahrain and Jordan have requested repatriation, but ...
The biggest inflationary threat from the war stems from increased oil and gas prices as about one-fifth of the world’s seaborne supply typically passes through the Strait of Hormuz.
Analysts are positive on Sheng Siong for this year, but believe that growth has been mostly priced in. This view comes on the back of the supermarket operator on Feb 27 announcing its FY2025 ended Dec ...
The next four weeks will determine whether Europe’s economy is facing a fresh crisis or simply a speed bump in its recovery.
US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng are expected to convene in Paris at the end of next week.
Changing customer habits after lockdowns eased led to industrywide consolidation and a focus on profitability.
The yuan rallied after the People’s Bank of China signalled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress.