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Bank of Japan’s rate hike timing secondary to economy’s readiness: ex-BOJ Deputy Governor Wakatabe
Published Thu, May 28, 2026 · 04:39 PM[TOKYO] Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is...
PBOC tells Chinese banks to boost May lending as credit weakness persists
Published Thu, May 28, 2026 · 04:08 PM[BEIJING] China’s central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing’s continued...
Australian shares retreat to 1-week closing low on fresh US-Iran flare-up
Published Thu, May 28, 2026 · 03:20 PM[SYDNEY] Australian shares closed at their lowest in a week on Thursday (May 28), with most sectors finishing in the red, after...
ByteDance developing custom CPU chips to support AI roll-out: sources
Published Thu, May 28, 2026 · 02:46 PM[BEIJING/PARIS] Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people...
Teo Siong Seng to take leave of absence from Pacific International Lines and NUS in addition to SBF
He will not seek re-election as chair of Singapore Business Federation after his term ends in June[SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United...
Competition watchdog clears SP Mobility’s acquisition of ChargEco
[SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) has conditionally approved the proposed acquisition of ChargEco by SP Mobility, the competition watchdog announced on Thursday (May 28).The green...
AI boom fuels record US$14.5 billion in Taiwan tech firm borrowing
The borrowing volume is nearly double the US$7.5 billion the firms raised in the same period last yearPublished Thu, May 28, 2026 · 11:27 AM[HONG KONG] Taiwanese tech firms...
Nvidia CEO Jensen Huang to join board of Beijing’s Tsinghua University: FT
The move comes amid a US ban on exports of Nvidia’s most sophisticated chips to ChinaPublished Thu, May 28, 2026 · 10:38 AM[BENGALURU] Nvidia CEO Jensen Huang has agreed...
Gold declines as Middle East risks reinforce higher rates bets
Published Thu, May 28, 2026 · 08:36 AM[NEW YORK] Gold fell for a second day as concerns that continued conflict in the Middle East will prolong inflation and keep...
Stocks to watch: Wilmar, Keppel, IHH Healthcare, Koh Brothers Eco Engineering, Valuetronics
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 28): Source link
Hong Kong to gain edge over Singapore in Asia gold-hub push with clearing system
The precious metal’s protracted rally might have stalled since the war began in the Middle East[SINGAPORE] By launching a gold-clearing system in the next couple of months, Hong Kong...
Oil settles 5% lower as investors await updates on US-Iran peace deal talks
Both benchmarks have touched their lowest in a month earlier in the session and settled at their lowest since Apr 17Published Thu, May 28, 2026 · 06:22 AM[LONDON] Oil...