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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...
Europe: Shares slide to near one-month low on Israel-Iran tensions
[BENGALURU] European equities tumbled to a near one-month low on Tuesday (Jun 17) as the escalating conflict between Iran and Israel entered its fifth day.With geopolitical tremors rattling the...
Tinder bets on group dating feature to win back Gen Z
Tired of navigating the online dating landscape alone? Now you can swipe right along with friends. Tinder launched a double-dating feature Tuesday, allowing users to create joint profiles with...
Musk’s xAI in talks to raise US$4.3 billion in equity funding
[WASHINGTON] Elon Musk’s artificial intelligence startup xAI is in talks to raise US$4.3 billion through an equity investment on top of the US$5 billion it has recently been trying...
US: Wall Street indexes open lower as Middle East conflict continues
Published Tue, Jun 17, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Jun 17) as the Israel-Iran conflict entered its fifth day, denting global...
