Singapore to restart work on new airport terminal as passengers return

Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic.

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17-05-2022

Tesla stops taking orders for Cybertruck outside North America - website

Tesla has stopped taking orders for its electric pickup truck Cybertruck outside of North America, according to its official website.

newspaper

17-05-2022

South Korea's SK ties up with Bill Gates' TerraPower for nuclear power opportunities

South Korea's SK Inc said on Tuesday it signed an agreement with TerraPower, a U.S. venture founded by billionaire Bill Gates, to tap opportunities in connection with small-sized nuclear power reactors, called small modular reactors.

newspaper

17-05-2022

China's COVID controls will impact foreign investment for years - U.S. lobby

China's strict COVID-19 controls will hamper foreign investment into the country for years to come as limits on travel block the pipeline for projects, the President of the American Chamber of Commerce warned on Tuesday.

newspaper

17-05-2022

Asia markets gain despite global growth worries

Asian shares edged higher on Tuesday despite data reinforcing investor fears the global economic recovery may be more fragile than expected, even as inflationary pressures remain high.

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17-05-2022

Oil prices open lower as EU struggles to seal Russia import ban

Oil prices opened lower in early Asian trade on Tuesday after the European Union's efforts to enact a ban on Russian oil imports, a move that would tighten global supply, ran into resistance from member country Hungary.

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17-05-2022

Japan's Nomura targets up to 90% jump in core pretax income in 3 years

TOKYO (Reuters) -Nomura Holdings Inc, Japan's biggest brokerage and investment bank, said on Tuesday it is targetting an up to 90% jump in pretax income in three years as it plans to beef up digital and advisory services.

newspaper

17-05-2022

U.S. to allow baby formula imports amid nationwide shortage

WASHINGTON (Reuters) -The United States will allow baby formula imports from foreign makers that do not usually sell their products here, the Food and Drug Administration said on Monday, as it tries to ease a nationwide shortage that has left parents scrambling to feed their babies.

newspaper

17-05-2022

Intel shareholders reject compensation packages for top executives

Intel Corp shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger, a regulatory filing showed on Monday.

newspaper

16-05-2022