Culture
Bank of Japan board divided over rate pause and inflation risks, June summary shows
[TOKYO] Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy,...
Trump’s chip tariff threat sparks pushback from auto industry to tech
[WASHINGTON] Blowback to US President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the...
Ping An builds HK$180 billion stake in China banks on dividend bet
[HONG KONG] Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the dividend yields will...
Oil trades on fear, not just barrels, as geopolitics and prediction markets take hold
[SINGAPORE] When even Goldman Sachs is tracking crypto-based prediction platform Polymarket to get a read on the risks facing oil markets, you know something’s shifted.On Monday (Jun 23), Goldman...
Europe: Stocks hit one-week highs on Middle East ceasefire
[BENGALURU] European stocks soared on Tuesday (Jun 24), buoyed by a ceasefire between Israel and Iran, while a slump in oil prices dragged energy stocks lower.The pan-European Stoxx 600...
Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong
[SINGAPORE] Income Insurance is “keeping its options open” over various share liquidity options, which could include a share-buyback programme, said its retiring chairman Ronald Ong at the insurer’s annual...
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
[SINGAPORE] The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders requiring them to disclose their...
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jetsPublished Tue, Jun 24, 2025 · 05:33 PM[JAKARTA]...
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jetsPublished Tue, Jun 24, 2025 · 05:33 PM[JAKARTA]...
Asia: Stocks up as Trump announces Iran-Israel ceasefire
[TOKYO] Asian shares gained and oil prices were down on Tuesday, as fears of an energy market shock eased following US President Donald Trump’s announcement of a ceasefire between...
Acrophyte Hospitality Trust mulls suspending or reducing distributions under strategy review
The manager says it faces challenges in funding the capital expenditures that many of its properties require [SINGAPORE] The managers of Acrophyte Hospitality Trust are considering temporarily suspending or...
