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Asia bonds look vulnerable as Fed rate cuts deliver less support
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative 450 basis points so far in 2025[SINGAPORE] Emerging Asian...
Top Singapore fund LionGlobal wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well[SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and...
Gold pauses after record rally on safe-haven demand
Markets are pricing in an additional 25-basis-point cut each in October and December[BENGALURU] Gold eased on Thursday (Oct 9), as investors booked profits a day after bullion breached the...
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world [SINGAPORE] HSBC Holdings is proposing to acquire...
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December[NEW YORK] US Federal Reserve officials showed a willingness to lower interest rates further this year,...
Europe: French stocks revive after turmoil; Stoxx at record highs
[BENGALURU] European shares climbed to record highs on Wednesday (Oct 8), powered by strong gains in French and Spanish stocks, and steelmakers rallied after the EU unveiled plans to...
‘Come and Get Me’: Defiant Illinois Governor JB Pritzker Snaps Back at Trump after President Threatened to Jail Him as Crisis Mounts in Chicago
Illinois Governor JB Pritzker fired back at Trump with a bold "come and get me" challenge after the President threatened to jail him over alleged failures to protect ICE...
Shippers not expected to pay higher freight rates because of US port fees: Bimco
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates [SINGAPORE]...
Those hyperrealistic videos you’re seeing could be fake news — because they’re actually AI ads
In a short-form video post, an influencer gets worked up about a television news story from California. The images broadcast behind her appear authentic, with an anchor calling viewers...
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
[HONG KONG] Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to people familiar with the matter.The Shandong-based company...
Thai central bank unexpectedly holds key rate at 1.50%
[BANGKOK] Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), counter to market expectations for a cut as the economy struggles with a strengthening baht,...
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing[SINGAPORE] Lee Lung-Nien – the first Singaporean in 50 years...