Business
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after the…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
News
MAGA Dimwit Pete Hegseth Accidentally Reveals a Dark Truth About Trump
Defense Secretary Pete Hegseth faced striking questioning from Democratic Senator Elissa Slotkin on Wednesday. She grilled him on whether…
Business
Japan to cut super-long bond sales by 10% to calm markets
Japan’s government plans to cut sales of super-long bonds by about 10 per cent from its original plan in a rare revision to its bond…
Business
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc. The quarter-point…
Business
Swiss watch exports slump in May as US tariffs shake market
Asia exports slump as shipments to China, Japan and Hong Kong plunge by double digits in latest data Swiss watch exports dropped by almost…
Culture
Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount…
Culture
Flights to Indonesia's Bali resume after disruption by volcano eruption
All flights to and from the Indonesian resort island of Bali resumed on Thursday (Jun 19) after being cancelled or delayed due to…
Lifestyle
South-east Asia’s budget airlines bet on travel demand, despite competition woes
South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing…
Culture
Vietnamese dong drops to record low as Asian currencies weaken
The Vietnamese dong fell, dropping below a record low it touched in April, as Asian currencies declined following a report that the US is…
News
Latest Singapore six-month T-bill cut-off yield falls to 2%
It is the seventh consecutive issuance since Mar 26 for which yields have declined The cut-off yield on Singapore’s latest six-month…
Business
Globally diversified equities remain attractive amid yet another Fed pause: analysts
Analysts continue to favour globally diversified equities, as the US Federal Reserve kept interest rates unchanged on Wednesday (Jun 18).…
Business
Japan firms exit Tokyo exchange at record pace in delisting rush
Japanese companies are leaving the Tokyo Stock Exchange (TSE) at the fastest pace in over a decade, reflecting a surge in deals and…
Business
Microsoft prepared to abandon high-stakes talks with OpenAI: report
The startup requires approval from the tech giant to complete its transition into a public-benefit corporation, which it believes will…
Culture
Shell is being ‘very careful’ with shipping in the Middle East: CEO
Shell CEO Wael Sawan said on Thursday the oil and gas major was being “very careful” with its shipping through the Middle East given the…
Business
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows…
Business
Alibaba Cloud to start second data centre in South Korea by June
The company operates 87 availability zones across 29 global regions and is China’s largest cloud provider Alibaba Group Holding will open…
Business
Blackstone’s ASK plans to hire 70 wealth bankers in India
The group has over 745 billion rupees in assets across alternative investment funds, portfolio management services and private wealth…
Business
NAB pays A$751,200 penalty on breaches of consumer data rights rules
RALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged…
News
Fed’s Powell says he expects to see more tariff-driven price hikes in coming months
Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as President Donald…
Business
Malaysia FX reserves at three-year high to aid ringgit stability
Malaysia’s increasing currency reserves are bolstering its defences against market volatility. The country’s net foreign exchange (FX)…
Business
Stocks to watch: DBS, UOB, Sats, Far East Orchard, GuocoLand, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 19): DBS: The lender inked a…
News
Air India cuts foreign widebody flights by 15% after crash
Air India is reducing its international service using widebody planes by 15 per cent as the nation’s flag carrier grapples with the…
Culture
COE woes: When emotions get in the way of efficiency
SINGAPORE’S policymakers have always had an eye on efficiency. But efficiency may not be a convincing aim for citizens – as seen, for…
Business
Oil settles higher as Iran-Israel conflict enters sixth day
Oil prices settled higher on Wednesday in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel…