News
Trump extends deadline for TikTok sale by another 90 days to Sep 17
[WASHINGTON] US President Donald Trump announced on Thursday (Jun 19) that he has given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the...
Trump says he signed executive order extending deadline for TikTok closing
Published Thu, Jun 19, 2025 · 11:54 PM[WASHINGTON] US President Donald Trump said on Thursday (Jun 19) that he has signed an executive order extending the June 19 deadline...
Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
[SINGAPORE] Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of “meaningful” inflation ahead, as consumers are expected...
Korea’s Cuckoo set for Malaysia debut after scaling down IPO
(Bloomberg) – A subsidiary of South Korean home-appliance maker Cuckoo Holdings is set to go public in Malaysia after a scaled-down offering that’s expected to raise RM395 million (S$119.4...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
[ZURICH] The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The quarter-point reduction on Thursday (Jun 19) is the...
Swiss watch exports slump in May as US tariffs shake market
Asia exports slump as shipments to China, Japan and Hong Kong plunge by double digits in latest dataPublished Thu, Jun 19, 2025 · 04:06 PM[ZURICH] Swiss watch exports dropped...
Philippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday Published Thu, Jun 19, 2025 · 04:03 PM[MANILA] The Philippine central bank lowered...
Flights to Indonesia’s Bali resume after disruption by volcano eruption
[JAKARTA] All flights to and from the Indonesian resort island of Bali resumed on Thursday (Jun 19) after being cancelled or delayed due to eruptions of Mount Lewotobi Laki-laki,...
South-east Asia’s budget airlines bet on travel demand, despite competition woes
[SEOUL] South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based...
Uber warns Hong Kong drivers and riders of possible new curbs
[HONG KONG] Uber Technologies is e-mailing Hong Kong users to raise concerns about rules the city is formulating, warning the government could cap the number of drivers or vehicles...
