Bangkok / AFP Tobacco giant Philip Morris on Monday pleaded not guilty to dodging hundreds of millions of dollars in import tax to Thailand, a crime carrying a massive fine of up to $2.27 billion. Thai prosecutors accuse the local unit of the company, which owns the Marlboro and L&M brands, of evading some 20 billion baht ($568 million) …

  Singapore / Bloomberg Singapore’s consumer prices fell for a 17th consecutive month in March, the longest period of decline on record, reflecting the impact of lower oil costs and a weakening economy. Consumer prices dropped 1 percent from a year earlier as transport and housing costs fell further, the statistics agency said in a statement on Monday. That compares …

  Hanover / AFP US President Barack Obama made an impassioned plea for European unity in the face of rising populism and scepticismon Monday, warning this was a “defining moment” for the continent. “A strong and united Europe is a necessity for the world,” Obama said in the German city of Hanover, in a landmark speech that carried the tone …