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Australia central bank pondered outsized rate cut in May, decided to be predictable
[SYDNEY] Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade risks, but decided to go the predictable route...
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
[SINGAPORE] Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on Tuesday (Jun 3) after the Widjaja...
Toyota to take key supplier private in US$33 billion deal
[TOKYO] Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark unwinding of cross-shareholding that is likely...
Toyota Industries board to discuss six trillion yen buyout on Tuesday
[TOKYO] Toyota Industries said its board will evaluate a buyout proposal on Tuesday (Jun 3) that will take the company private, a move that will strengthen the founding family’s...
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit (Clar): The manager said on Tuesday that it received in-principle...
China’s rare earths grip gives Xi leverage in US trade duel
AFTER the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears...
Google Deepmind CEO says global AI cooperation ‘difficult’
[LOS ANGELES] Artificial intelligence pioneer and head of Google’s Deepmind, Demis Hassabis on Monday said that greater international cooperation around AI regulation was needed but “difficult” to achieve “in...
Disney lays off hundreds in film, TV as industry woes linger
[LOS ANGELES] Walt Disney is laying off several hundred employees across its film and TV businesses, cuts that underscore the entertainment industry’s contraction is far from over.The staff reductions...
FACT CHECK: Was Imane Khelif Banned by World Boxing Organization Until Passing Genetic Sex Verification Test?
Has Imane Khelif been proved biologically male and banned from taking part in any boxing match? A claim surfaced over the weekend that World Boxing, a separate governing body...
Imane Khelif: Newly Leaked Lab Results Reveal Olympic Gold Medalist Is Biologically Male and Has XY Chromosomes
Newly leaked medical test results suggest that Olympic boxer Imane Khelif is biologically male, more than a year after her striking appearance at the Paris 2024 Olympics drew widespread...
ThreatZero Banking: Next-Gen Cybersecurity Led by Priyanka Gowda
In an era where the dimension of risk has increased for financial institutions, cyber security becomes an absolute non-negotiable. Banks and fintechs, thus, keep on looking for a sturdy...
The Digital Nomad’s Secret Weapon: How 12Go is Revolutionizing Multi-Modal Travel in Asia
For digital nomads living scattered across Asia's diverse regions, seamless travel planning is paramount. Mysterious and charming Asian continent offers rich travel experiences, but navigating its fragmented ground and...