South Korea makes checks on increasing US dollar deposits as won falls

South Korea makes checks on increasing US dollar deposits as won falls

[SEOUL] South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank sources said on Monday (Jan 12), amid growing expectations of extended weakness in the won. Foreign exchange authorities held a meeting with the seven banks on Wednesday to make checks on foreign deposits and…

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Oil edges up as Iran supply risk counters Venezuela export resumption

Oil edges up as Iran supply risk counters Venezuela export resumption

[SINGAPORE] Oil prices edged higher on Monday (Jan 12) as escalating protests in Iran sparked concerns about supplies from the Opec producer, while efforts to resume oil exports from Venezuela and expectations the market will be oversupplied this year limited gains. Brent crude futures climbed 5 US cents to US$63.39 a barrel by 12.33 pm…

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How Nikki Glaser Honored Rob Reiner at Golden Globes 2026

How Nikki Glaser Honored Rob Reiner at Golden Globes 2026

Nikki Glaser Reveals Taylor Swift Easter Egg in Golden Globes 2026 Opening Monologue The 2026 Golden Globes kept it all in the family. At the end of the Jan. 11 award ceremony—which awarded trophies to Timothée Chalamet, Rose Byrne, Seth Rogen and more—host Nikki Glaser honored late actor/director Rob Reiner with a touching tribute. In her…

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Japan sets sail on rare earth hunt as China tightens supplies

Japan sets sail on rare earth hunt as China tightens supplies

Since the 2010 scare, the Japanese government and private companies have built stockpiles of the minerals [SHIZUOKA] A Japanese mining ship departed on Monday (Jan 12) for a remote coral atoll to probe mud rich in rare earths, part of Tokyo’s drive to curb its reliance on China for critical minerals as Beijing tightens supply.…

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Budget 2026: SBF, PwC jointly propose centralised digital IP registry, expanding JS-SEZ to include Indonesia

Budget 2026: SBF, PwC jointly propose centralised digital IP registry, expanding JS-SEZ to include Indonesia

The expanded JS-SEZ could create a more integrated and attractive proposition for global investors, say SBF and PwC [SINGAPORE] Developing Singapore as an intellectual property financing hub to maintain its innovation-led competitiveness – this is one of the key recommendations by the Singapore Business Federation (SBF) and PwC to support local businesses, ahead of Budget…

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UOI bets on hybrid insurance model as customers seek both digital ease and human touch

UOI bets on hybrid insurance model as customers seek both digital ease and human touch

It also offers specialised products that meet specific consumer needs, such as Singapore’s first dedicate cruise insurance [SINGAPORE] Even as insurance processes become increasingly digitalised, boosting speed and convenience, customers still crave the human touch when it comes to their purchasing decisions. This is why United Overseas Insurance (UOI) chief executive officer Andrew Lim champions…

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