Culture
Bank of Korea warns of housing, debt risks as easing continues
[SEOUL] Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a financial system that...
China vows ‘forceful measures’ after Taiwan’s Huawei export curb
US President Donald Trump’s administration has urged Taipei to take more ownership over chip restrictions on the world’s second-largest economyPublished Wed, Jun 25, 2025 · 01:29 PM[BEIJING] Beijing vowed...
Australia’s Star casino shareholders approve A$300 million rescue package
[SYDNEY] Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the embattled Australian casino group to remain operational, according...
China seizes moment to globalise yuan as US dollar doubts mount
[BEIJING] China is launching a sweeping campaign to promote the yuan’s global role, seizing what officials see as a rare strategic opening.With the US dollar facing multiple challenges, Beijing...
China urges AIIB to step up cross-border development funding, says global aid drying up
Chinese officials have increasingly emphasised ties with South-east Asia, which last year overtook the EU to become the US$19 trillion economy’s top export marketPublished Wed, Jun 25, 2025 ·...
China makes pitch for more private cash in cross-border projects
[BEIJING] China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border infrastructure, warning that emerging countries are running short of...
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...
Stocks to watch: Sembcorp Industries, ST Engineering, Frasers Centrepoint Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 25):Sembcorp Industries: The company’s wholly owned subsidiary, Sembcorp Financial Services, announced the issuance...
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size [SINGAPORE] Sembcorp Industries announced on Wednesday (Jun 25) that its wholly owned subsidiary Sembcorp Financial Services...
