Culture
Hong Kong to maintain US dollar peg despite geopolitical tensions
[ad_1] Published Mon, Jun 9, 2025 · 03:02 PM[SHANGHAI] Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on...
Alibaba, Tencent freeze AI tools during high-stakes China exam
[ad_1] [BEIJING] China’s most popular artificial intelligence (AI) chatbots such as Alibaba’s Qwen have temporarily disabled functions including picture recognition, to prevent students from cheating during the country’s annual “gaokao”...
Oil prices hold gains ahead of US-China trade talks
[ad_1] Inflation data from China on Monday morning will give a reading of domestic demand in the world’s largest crude importerPublished Mon, Jun 9, 2025 · 11:50 AM[BEIJING] Oil prices...
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
[ad_1] [SINGAPORE] Income Insurance chairman Ronald Ong,69, will retire from his role after seven years at the helm, the company announced on Monday (Jun 9).The board has begun a succession...
‘Most unloved bonds’ turn routine US auction into crucial test
[ad_1] [NEW JERSEY] Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall...
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional investors for its value-add lodging private fund, CapitaLand Ascott...
Japan confirms GDP contraction, backing Bank of Japan’s cautious stance
[ad_1] [TOKYO] Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of Japan’s (BOJ) cautious stance and keeps political...
China says it may speed up rare earths application approvals from EU
[ad_1] [SHANGHAI] China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of...
‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
[ad_1] [SINGAPORE] OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in...
Starmer calls on Nvidia’s Huang to train up Britons on AI
[ad_1] The initiative is backed by major tech companies IBM, QinetiQ and Microsoft, the government saysPublished Mon, Jun 9, 2025 · 08:22 AM[LONDON] Keir Starmer will make an appearance alongside...
Private assets giant Brookfield expects alternative investments to replace public markets in 25 years
[ad_1] [SINGAPORE] Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of alternative investments. The Canadian investment giant has, after all, amassed more than...
