News
BHP-China iron ore standoff may drag into 2026 as talks stall
CMRG has been pushing to sign long-term contracts on behalf of the country’s main steel mills, according to the sources[LONDON/SINGAPORE] A price dispute between mining giant BHP Group and...
US approves some Nvidia UAE sales in step of Trump AI diplomacy
Artificial intelligence is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas[HONG KONG] The US has approved several billion US...
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month[NEW YORK] India’s central bank has ramped up its interventions in offshore currency markets to defend...
Top Singapore fund Lion Global 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...
China stocks rise post-break as AI buzz outshines tepid spending
Traders are now turning their attention to policy signals ahead of the Communist Party’s Oct 20 to 23 meeting, where the blueprint for the 15th five-year plan will be...
BOJ will find another rate hike this year difficult, says ex-deputy governor
[TOKYO] The Bank of Japan (BOJ) can raise interest rates if prospects of durably meeting its 2 per cent inflation target improve, but would struggle to justify doing so...
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating range[HONG KONG] HSBC Holdings plans...
SoftBank’s Graphcore plans £1 billion chip investment in India
The US’s tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing[LONDON] Graphcore, the British chip designer owned...
Crypto exchange Gemini launches Australian arm
[SINGAPORE] Cryptocurrency exchange Gemini said on Thursday (Oct 9) that it has launched an Australian operation as the firm expands into the country, offering its digital currency exchange services...
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub[SINGAPORE] Data centre operators in Malaysia are brushing aside concerns over power and labour constraints,...
