Trump tariffs split Japan Inc as Toyota cuts forecast while Sony, Honda raise
President Donald Trump's tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit forecasts while Sony and Honda are among…
ConocoPhillips to sell Anadarko assets for $1.3 billion; profit beats estimates
ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit.
US expects $50 billion a month in tariff revenues, Lutnick says
Commerce Secretary Howard Lutnick said on Thursday he expects the country is heading towards $50 billion a month in tariff revenues as higher levies on…
Tougher transshipment penalties not expected immediately as Trump tariffs kick in, sources say
Tougher U.S. trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new U.S. tariffs, three people…
Maersk raises full-year guidance amid volatile external environment
Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m.
In letter to Trump, alcohol groups say tariffs put $2 billion in sales at risk
The United States' 15% tariff on EU goods could reduce the value of alcohol sales by almost $2 billion and put 25,000 U.S. jobs at…
Vietnam reports strong January-July trade data, imports from US rise 22.7%
Vietnam reported robust trade activity in the first seven months of this year, with imports of goods from the United States rising by nearly 25%…
Cathay Pacific warns of declining fares and cargo uncertainty
Cathay Pacific Airways warned on Wednesday of declining airfares, challenges at its budget carrier and uncertain cargo market conditions, sending its shares down almost 10%…
Air cargo volumes see a surprise 5% jump in July as shippers circumventing tariffs opt for speed
Global air cargo volumes jumped +5% year-on-year in July as more shippers opted for the speed of airfreight to help circumvent U.S. tariffs, according to…
PIL celebrates SG60 with first SG60 container ship and specially designed containers for National Day Parade
Pacific International Lines (PIL), Singapore’s home-grown shipping line, proudly celebrates the nation’s 60th year of independence with the first SG60 Container Ship and specially designed…
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