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[NEW YORK] A US trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday (May 28) that found the president overstepped his authority by imposing across-the-board duties on imports from US trading partners. The Court of International Trade said the US Constitution gives Congress exclusive authority to regulate commerce with other countries that is not overridden by the president’s emergency powers to safeguard the US economy. “The court does not pass upon the wisdom or likely effectiveness of the President’s use of tariffs as leverage,” a three-judge panel said in the decision to issue a permanent injunction…
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep 29Published Thu, May 29, 2025 · 04:48 PM[TOKYO] Sony’s CEO said on Thursday (May 29) the spinoff of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spinoff, Sony (Financial Group) will secure its own fundraising capabilities while continuing to use the Sony brand and collaborate with Sony Group,” Sony CEO Hiroki Totoki said at an investor day. Sony plans to distribute just…
TAIPEI :Taiwan’s central bank will take “timely” measures to ensure financial stability in the face of uncertainty over U.S. tariffs, geopolitical conflict, climate change and market volatility, it said on Thursday.In its annual financial stability report, the central bank said the uncertainty could adversely affect global economic development and pose risks to Taiwan’s own financial stability.Taiwan’s trade-reliant economy is expected to grow at a slightly slower pace in 2025 than previously forecast, with U.S. tariffs, if implemented, likely to weigh on growth.”The bank will pay close attention to the possible impact of the relevant developments on the overall economy and…
[SINGAPORE] Keppel has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board, effective Jul 1. Gupta will also be appointed a member of the nominating committee, remuneration committee and the board sustainability and safety committee in July.He recently retired from his role as DBS CEO in March after 15 years. He currently holds several appointments, including that of chairman of the board of trustees of the Singapore Management University; chairman of Mandai Park Holdings; board member of the Singapore National Research Foundation; as well as board member of the Ministry of Trade…
The move is part of a capital alliance between the state-backed telecom group and SBI HoldingsPublished Thu, May 29, 2025 · 05:35 PM[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive market.Nippon Telegraph & Telephone’s mobile unit will launch a tender offer for SBI Sumishin Net Bank, offering 4,900 yen per share – a 49 per cent premium to the online bank’s closing price on May 28. At the conclusion of the deal, Docomo aims to own 65.81 per cent…
You don’t always have to spend a small fortune to get a laptop, and this HP Stream deal proves exactly that. This 14-inch laptop would normally sell for around $400, but if you take advantage of this limited-time deal, you’ll pay just $262.65 instead. This deal means you save 34% off the original $399 asking price, but you need to make sure you order yours soon. This is a limited-time deal which could end at any minute – but at least you don’t have to enter any discount codes or clip any coupons to benefit from it. This laptop comes…
TL;DR: Get the MS Visual Studio Professional 2022 + The Premium Learn to Code Certification Bundle for $49.97 (reg. $1,999). The internet is full of coding promises, but most of them come with a steep monthly fee or time commitment. That’s why this deal is different—in a good way. You get Microsoft Visual Studio Professional 2022, a professional-grade development environment used by seasoned devs and rising tech stars alike, plus a bundle of 15 premium coding courses, all for $49.97 for a limited time. First up: Visual Studio Professional 2022. This is Microsoft’s flagship 64-bit IDE. That means it’s built to handle massive projects…
DUBAI :Saudi Arabia’s ACWA Power said on Thursday it had signed a preliminary agreement to develop up to 12.5 gigawatts of renewable energy generating capacity in Malaysia with an initial investment of up to $10 billion.The renewable energy utility said in a statement it agreed a memorandum of understanding with the Malaysian Investment Development Authority to explore developing the capacity by 2040.Malaysia wants renewable energy to make up 70 per cent of its power mix by 2050.ACWA said it also signed strategic partnership agreements with several Malaysian companies for possible energy projects, including for large-scale water desalination.”These strategic agreements represent…
ROUNDUP, Mont. — Former ranch hand Pat Thiele has spent years fighting a losing battle against a massive coal mine creeping underground toward his central Montana property.Mine owner Signal Peak Energy sits atop a billion-ton reserve of coal in the Bull Mountains, not far from where Thiele lives. The mine has long seemed poised to benefit from President Donald Trump’s pledges to revive the faltering coal industry — vows the president has renewed vigorously in his second term with new orders to deregulate mining. A Republican tax cut bill making its way through Congress contains a special carve-out provision allowing…
Maltepe Dental Clinic became the first Turkish dental tourism provider to open a physical consultation and aftercare center in the UK, bridging access gaps caused by the NHS dentist shortage. Turkey, May 29, 2025 — Maltepe Dental Clinic, a dental care provider headquartered in Istanbul, has launched a new consultation and aftercare facility in London. The move introduces a hybrid care model aimed at offering UK-based patients streamlined access to affordable dental treatment abroad while maintaining continuity of care locally. This model, a first among Turkish dental tourism providers, responds directly to increasing demand from British patients impacted by the…