The National Company Law Tribunal (NCLT) Delhi on Thursday dismissed an insolvency plea filed against food delivery giant Zomato by uniform supplier Nona Lifestyle over an alleged payment default of ₹1.64 crore, LiveMint.com reported. The NCLT dismissed the insolvency plea against Zomato on procedural grounds, citing non-compliance with the Insolvency and Bankruptcy Code (IBC). The tribunal ruled that Nona Lifestyle had failed to properly serve the mandatory notice under Section 8 of the IBC before filing the case.

Three years after the bankruptcy of Genting Hong Kong which resulted in the collapse of both Star Cruises and Dream Cruises the corporation has relaunched the brands, Maritine-Executive.com reported. Earlier this year they announced plans to rebrand away from Resorts World Cruises back to the traditional brand names as part of the future growth strategy for the company. Star Cruises was launched 30 years ago and became known as one of the pioneers of modern cruising in Asia.

With the new tariffs announced on Wednesday in Washington, President Trump has now imposed additional tariffs on Chinese goods of 54 percent — an extremely heavy burden that will cause companies to look elsewhere for suppliers, the New York Times reported. Trump added a 34 percent tariff on imports from China, to take effect on April 9, on top of two earlier rounds of 10 percent tariffs he had already imposed. Those are just the new tariffs on China since Trump started his second term in office.

Global ratings agency Fitch on Thursday downgraded China's sovereign credit rating, citing expectations of a continued weakening of public finances and rapidly rising debt, Reuters reported. The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from U.S. trading partners, with China among the hardest-hit, though Fitch said his move had not yet been incorporated into its forecasts. Fitch cut China's long-term foreign currency rating by one notch to "A" from "A+", one year after it downgraded its outlook on China's credit rating.

Turkey’s annual inflation rate dropped to 38.1% in March, down from February’s 39.1%, according to the Turkish Statistical Institute, EuroNews.com reported. It was also the lowest number since December 2021. Prices rose at a slower pace across a number of categories, such as footwear and clothing, which came in at 14.8% in March, down from 20.8% in the previous month. Transport inflation dropped to 21.6% in March, down from 23.4% in February. Household equipment and furnishings inflation slid marginally to 32.4% in March, down from 33.6% in the previous month.

North Korea has swiped more than $6 billion in cryptocurrency over the past decade—a sum so large that no one else compares, according to a Wall Street Journal analysis. The country’s hackers are both patient and brazen, according to investigators. To get into companies’ computers, they comb through employees’ Facebook and Instagram pages and invent tailor-made stories to trick them into clicking on links with viruses. Some North Korean hackers have even become employees themselves, fooling U.S. companies into hiring them as remote IT workers and gaining access to their networks.

Bus operator SBS Transit, national carrier Singapore Airlines (SIA) and port operator PSA are among 19 key entities in the transport sector that will be subject to greater regulatory scrutiny under a law that came into force on April 1, the Straits Times reported. The Transport Sector (Critical Firms) Act gives the Government more control over key Singapore companies in the air, land and sea transport sectors to guard against adverse influences and major interruptions in essential transport services.

China has taken steps to restrict local companies from investing in the U.S. in a move that could give Beijing more leverage for potential trade negotiations with the Trump administration, Bloomberg News reported. Several branches of China’s top economic planning agency, the National Development and Reform Commission, have been instructed in recent weeks to hold off on registration and approval for firms that are looking to invest in the US, the people said, asking not to be identified discussing sensitive issues.

South Korea’s exports grew at a stronger-than-expected pace in March, showing signs of resilience as concerns about U.S. tariffs cast uncertainty over the outlook for trade, the Wall Street Journal reported. President Trump has set an April 2 deadline to unveil so-called reciprocal duties, which aim to equalize U.S. tariffs with those charged by other countries. That comes on top of plans Trump announced last week to impose a separate 25% tariff on cars and auto parts. As one of the top exporters of cars to the U.S., South Korea faces a major drag if the auto levy goes into effect.