Tsubasa Suruga

5 days ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE -- The Shangri-La Dialogue, Asia's biggest defense conference, concluded on Sunday against the backdrop of a deepening U.S.-China rivalry with Washington doubling down on security commitments in the Indo-Pacific. Making his debut at the forum, U.S. Defense Secretary Pete Hegseth delivered a combative address casting Beijing as the region's largest threat. China's defense chief was absent from the annual summit for the first time since 2019, leaving no senior figure to respond directly.

2 weeks ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE/KUALA LUMPUR -- Southeast Asian leaders are set to express "deep concern" over U.S. President Donald Trump's sweeping tariffs at a summit next week, according to a draft statement seen by Nikkei Asia, warning that rising geopolitical tensions threaten to derail regional economic growth and stability.

3 weeks ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE -- Singapore Airlines (SIA) has warned that escalating trade tensions and broader global uncertainties pose risks to travel and cargo demand in the year ahead, following a record net profit for the fiscal year ended March. Speaking at an earnings briefing on Friday, CEO Goh Choon Phong pointed to U.S. tariff disputes as a new area of concern. These developments, the company said, may erode consumer and business confidence, "potentially impacting both passenger and cargo markets."

3 weeks ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE -- Singapore broke ground on Wednesday on its fifth terminal at Changi Airport, a multi-billion-dollar project that marks the airport's most ambitious and extensive expansion to date, as the city-state prepares for a rise in air travel across Asia and greater competition among aviation hubs. Slated to open by the mid-2030s, Terminal 5 will initially add capacity for 50 million passengers a year, boosting the airport's total throughput by 50% to over 140 million annually.

3 weeks ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE -- Singapore-based consumer tech group Sea on Tuesday posted a net profit of $403 million for the January to March quarter, reversing a net loss of $23 million in the same period last year, thanks to a record e-commerce performance and solid growth across its fintech and gaming divisions. The New York-listed company's revenue rose 29.6% to $4.84 billion, slightly missing the $4.89 billion average estimate compiled by the London Stock Exchange Group.