News
Non-US dollar stablecoins can thrive where financial inefficiencies remain, including in Asean: StanChart
The bank’s digital assets executives back faster settlement across remittance corridors as a main use case[SINGAPORE] Despite the greenback’s dominance of the global stablecoin market, the use of local...
Meta scales back plan for internal mouse-tracking tech, citing staff concerns
New controls allow employees to pause data collection for up to 30 minutes or request exemptions from the initiativePublished Wed, Jun 3, 2026 · 03:31 PM[CALIFORNIA] Meta is dialling...
Global funds buy Japan as they flee Asia’s hottest stock markets
Expectations for stronger corporate governance reforms have also been a driver of foreign inflows into the countryPublished Wed, Jun 3, 2026 · 02:13 PM[HONG KONG] The global AI trade...
US deficits, not de-dollarisation, reshaping bond markets: Franklin Templeton
Issues such as persistent fiscal spending are likely to keep yields elevated, says firm’s fixed-income CIO[SINGAPORE] Fears of global de-dollarisation are vastly overblown, with persistent US fiscal deficits and...
Gold rises on softer US dollar, oil as markets weigh US-Iran peace optimism
Easing of the US dollar made greenback-priced bullion more affordable for holders of other currenciesPublished Wed, Jun 3, 2026 · 10:45 AM — Updated Thu, Jun 4, 2026 ·...
Nvidia’s PC push carries downside risk for AEM, but DBS maintains ‘buy’ with S$11.80 target
AEM’s broader AI exposure, including data-centre GPU, should be less directly affected[SINGAPORE] Nvidia’s expansion into the personal computer (PC) market has introduced “a new watchpoint” for Singapore-listed semiconductor chip...
‘Encouraging momentum’: Fund managers on Singapore’s S$6.5 billion equity push amid volatile markets
SGX says there is ‘strong support for the programme’s long‑term focus on market fundamentals’[SINGAPORE] Fund managers under the Monetary Authority of Singapore’s (MAS) S$6.5 billion Equity Market Development Programme...
Oil prices rise to one-week high as Iran reviews US proposal to halt war
Iran has effectively halted most non-Iranian shipping in and out of the Gulf since the war beganPublished Wed, Jun 3, 2026 · 06:18 AM[NEW YORK] Oil prices climbed about...
Aspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million.The startup, an eco-friendly digital banking...
European shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets
Published Wed, Jun 3, 2026 · 05:44 AM[BENGALURU] European shares rose on Tuesday (Jun 2), as a strong forecast from STMicroelectronics boosted technology stocks and investors assessed eurozone inflation...
Trump signs an executive order to vet top AI models for national security risks
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a months-long...
