ALT ALT

Business

Back to homepage

Indian pharma firms linked to export of powerful opioids fuelling West Africa drug crisis

NEW DELHI, May 14 — Indian pharmaceutical firms are exporting millions of dollars’ worth of powerful opioids to west Africa despite a promised crackdown, an AFP investigation found Thursday, with officials saying they are driving a deadly drugs epidemic across

Read More

Germany looks to deepen investment in Johor-Singapore SEZ amid global supply chain realignment

ISKANDAR PUTERI, May 14 — Johor is increasingly being viewed as a strategic gateway into Asean as Germany seeks to diversify global supply chains and expand investment partnerships in the Johor-Singapore Special Economic Zone (JS-SEZ) amid the global supply chain

Read More

Ringgit opens higher for seventh straight day ahead of Trump-Xi talks in Beijing

KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026. At 8

Read More

Samsung says image supplied by partner as Dua Lipa sues for copyright and publicity abuse

LONDON, May 14 — Electronics giant Samsung has said “we deny any allegations of intentional misuse” after lawyers for pop star Dua Lipa announced they would sue the company for allegedly using her image without permission, PA Media/dpa reported. Court

Read More

H&M to move South-east Asia hub to Kuala Lumpur, announces layoffs for 30pc of regional support headcount

SINGAPORE, May 13 – H&M has announced a major restructuring of its Asia-Pacific operations, relocating its South-east Asia regional headquarters from Singapore to Kuala Lumpur and eliminating approximately 30 per cent of its regional support workforce. The changes, formally communicated

Read More

Unrelenting gas prices: India debates strategy as global conflicts hit supply

NEW DELHI, May 12 — ‌India will at some stage need to assess how long state-run fuel retailers can sustain losses from selling transport fuels below market prices, oil minister Hardeep Singh Puri said at ‌an industry event today. Petrol

Read More

Unlikely Iran conflict casualty: Snackmaker Calbee’s packaging now monochrome to conserve ink

TOKYO, May 12 — Japan’s ‌top maker of snacks has landed on a creative solution to conserve oil-derived input materials: it will switch its brightly coloured packaging to black and white. In an eye-catching move, Tokyo-based Calbee on Tuesday said

Read More

South Korea floats AI profit social tax as tech giants boom

SEOUL, May 12 — A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix. The two South Korean

Read More

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

BEIJING, May 12 — China and the United States may reach a farm deal at their summit this week that expands Beijing’s purchases of grains and meat, but market watchers said they did not expect major new soybean purchases beyond

Read More

Microsoft boss ‘proud’ of profit-making OpenAI investment

OAKLAND, May 12 — Microsoft CEO Satya Nadella said today he was “very proud” of his company’s profitable early investment in OpenAI, as he took the stand in Elon Musk’s blockbuster lawsuit against the leaders of the AI giant behind

Read More