Fashion
PetroChina forecasts Chinese oil consumption will drop 4.9% this year
Oil demand is plateauing and projected to fall to around 700 million tons by 2030Published Thu, Jun 18, 2026 · 06:27 PM[BEIJING] China’s oil consumption is expected to drop...
First Saudi supertankers start crossing Hormuz after deal
Published Thu, Jun 18, 2026 · 05:27 PMSOME oil and gas vessels have begun to cross the Strait of Hormuz, including ships owned by Saudi Arabia’s state tanker giant,...
South Korea’s Kospi index tops 9,000 as chipmakers hit records
Published Thu, Jun 18, 2026 · 04:10 PM[SEOUL] South Korean shares rose more than 2 per cent on Thursday (Jun 18) to top the 9,000 milestone for the first...
Asian currencies likely to stay under pressure as new Fed regime keeps rates steady
[SINGAPORE] Asian currencies will likely remain under pressure from an elevated US dollar, as the US Federal Reserve kept interest rates steady on Wednesday (Jun 17).The Fed kept rates...
Philippine central bank raises policy rate by 25 basis points, as expected
Published Thu, Jun 18, 2026 · 02:53 PM — Updated Thu, Jun 18, 2026 · 03:33 PM[MANILA] The Philippine central bank raised its key interest rate by 25 basis...
F1 sponsorship could give BYD lower-risk route to global recognition
The EV giant could potentially sponsor a midfield or back-of-the-pack team at a lower cost than a top-tier teamPublished Thu, Jun 18, 2026 · 02:15 PM[LONDON] Electric vehicle giant...
Controversial billionaire tax proposal declared eligible for the November ballot
A controversial proposal to tax California billionaires to fund healthcare has tenatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether...
Indonesia, Philippines set to hike rates as caution prevails: Bloomberg survey
Published Thu, Jun 18, 2026 · 11:33 AMTWO of the region’s central banks are poised to tighten monetary policy further, staying on guard in case inflation and currency risks...
Lululemon apologises after Great Wall drum sparks China backlash
Social media users object to the use of a Japanese drum at a site widely viewed as a symbol of Chinese national identityPublished Thu, Jun 18, 2026 · 11:11...
KKR bets US$1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus
Since 2018, the private equity firm and Altavair have acquired 188 aircraft and engine assetsPublished Thu, Jun 18, 2026 · 10:20 AM[NEW YORK] Private equity firm KKR on Wednesday...
