Culture
Roche to invest US$50 billion in US to avoid Trump tariffs, create 12,000 jobs
[ZURICH] Roche said on Tuesday (Apr 22) it would invest US$50 billion in the United States over the next five years, creating more than 12,000 new jobs, in the...
Bitcoin rallies 20% during market turmoil to diverge from tech
[MUMBAI] Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a longstanding tendency to move in tandem...
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
[SINGAPORE] Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report.“We estimate (that) the iPhone...
Ericsson expands manufacturing in India to make antennas
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needsPublished Tue, Apr 22, 2025 · 04:50 PM[STOCKHOLM] Sweden’s Ericsson is planning...
Paragon Reit unitholders give nod to privatisation offer
[SINGAPORE] Unitholders of Paragon Real Estate Investment Trust (Reit) approved the scheme resolution proposed by Cuscaden Peak’s Times Properties to take the trust private. Its delisting is expected on...
Chinese tech firms eye US listings despite widespread ructions
The US market’s high liquidity is a lure for Chinese companies, while investment banks can earn higher fees on share salesPublished Tue, Apr 22, 2025 · 03:50 PM[HONG KONG]...
UBS resets India strategy with 360 ONE deal
[HONG KONG/BENGALURU] UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent,...
UBS to sell India wealth business to 360 ONE, take 5% stake in India partner
This deal will see the firm relinquish equity control in its India onshore wealth business while taking up the offshore wealth business of its local partnerPublished Tue, Apr 22,...
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li saysPublished Tue, Apr 22, 2025 · 11:26 AM[SHANGHAI] China’s Nio said on Tuesday...
Global shipping navigates Trump tariffs uncertainty
[PARIS] Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs.Cargo ships...
