News
Singapore shares dip ahead of Fed decision; STI down 0.3%
[SINGAPORE] Stocks on the local bourse fell on Wednesday (Jun 18), tracking the mixed performance in other Asian markets, as investors awaited the US Federal Reserve’s policy decision and...
Malaysia scores record flows as bond investors favour Asia
[SINGAPORE] Bond investors fleeing the United States are finding a haven in stable and lucrative Asian debt markets, with Malaysia leading the pack as the destination for foreign money.Foreign...
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
[SINGAPORE] BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset manager with US$11.6 trillion in assets under management announced...
China will hike quota for investors buying overseas assets
The move follows a period of relative calm in the value of the yuan against the US dollar, fuelled by growing questions about the greenback’s place in the global...
China’s central bank says to promote digital yuan, multi-polar currency system
Pan Gongsheng expects several key global currencies to coexist in mutual competition and checks and balances.Published Wed, Jun 18, 2025 · 12:07 PM[SHANGHAI] China’s central bank governor announced plans...
Singtel’s Optus reaches settlement over alleged sales misconduct, including A$100 million proposed penalty
[SINGAPORE] Optus Mobile has reached a settlement with the Australian Competition and Consumer Commission (ACCC), which filed court proceedings against it over alleged sales misconduct, the Singtel subsidiary said...
US plans to ease capital rule limiting banks’ Treasury trades
[WASHINGTON] The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their...
US-China tech fight widens after Taiwan blacklists Huawei
[TAIPEI] Taiwan joined a yearslong US campaign to curtail China’s technological ascent when it blacklisted the country’s artificial intelligence (AI) and chipmaking champions, an unprecedented step that may signal...
Ultra rich turn Vietnam into a new hot spot for luxury yachts
[BRISBANE] After making a fortune in coal mining and thermal power with his Dong Hai, Pham Van Toan wanted to try something different and shifted his investments towards luxury...
Trump again pushes TikTok sale deadline with 90 day extension
[WASHINGTON] US President Donald Trump is extending for a third time the deadline for Chinese company ByteDance to divest the American operations of TikTok, allowing the social media app...
