Indonesia, Thailand market outlooks buffeted by political risk

Indonesia, Thailand market outlooks buffeted by political risk

[SINGAPORE] Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest emerging markets in South-east Asia. Indonesia’s equity benchmark slid 1.5 per cent on Friday (Aug 29), the biggest decline in the world among national gauges tracked by Bloomberg, while its central bank signalled it…

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Mitsubishi Heavy to double gas turbine capacity as demand soars

Mitsubishi Heavy to double gas turbine capacity as demand soars

[TOKYO] Mitsubishi Heavy Industries aims to double its gas turbine capacity in the next two years as demand for the equipment rises globally due to replacement and data centre needs. The Japanese manufacturer is seeing orders multiply due in part to turbines installed decades ago nearing the end of life, chief executive officer Eisaku Ito…

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Crypto finds gateway into Australia’s A$4.3 trillion pensions pot

Crypto finds gateway into Australia’s A.3 trillion pensions pot

[MELBOURNE] Australia’s A$4.3 trillion (S$2.8 trillion) retirement system, long regarded as one of the world’s best-regulated savings pools, is emerging as a new frontier for crypto. Coinbase Global and OKX, two of the largest digital-asset exchanges, are rolling out products aimed at steering pension money into cryptocurrencies, underscoring how digital assets are edging further into…

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Temasek revamp makes sense given the varied capabilities needed to manage growing portfolio 

Temasek revamp makes sense given the varied capabilities needed to manage growing portfolio 

Back in the early 2000s, it puzzled me that Temasek Holdings chose to describe itself as an Asia investment company headquartered in Singapore; and its key portfolio holdings as Temasek-linked companies instead of government-linked companies. At the time, more than 90 per cent of Temasek’s portfolio consisted of local corporate stalwarts such as DBS,…

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Laura Harrier Co-Signs the Slingback Sandal Trend at a Miu Miu Event

Laura Harrier Co-Signs the Slingback Sandal Trend at a Miu Miu Event

Laura Harrier just joined a long list of celebrities who have stepped out in slingback heels during this year’s Venice Film Festival. On Saturday, the “Spider-Man: Homecoming” actress turned up at an event for Miu Miu’s Women’s Tales program — which commissions female filmmakers to create short films — in a glossy black silhouette. Harrier…

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15 Best-Dressed Celebrities At Venice Film Festival (So Far)

15 Best-Dressed Celebrities At Venice Film Festival (So Far)

Best Dressed Celebrities At Venice Film Festival 2025 1. Heidi Klum in Intimissimi: 2. Ayo Edebiri in Chanel: 3. Emma Stone in Louis Vuitton: 4. Cate Blanchett in Armani Privé*: 5. Andrew Garfield in Dior: 6. Amal Clooney in Jean-Louis Scherrer by Erik Mortensen and George Clooney in Giorgio Armani: 7. Oscar Isaac in Valentino:…

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