Culture
Vietnam stocks slump after state media report on alleged bond irregularities
[HANOI] Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation...
Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising
GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce...
Genting Singapore names new RWS chief operating officer
Si Chen will assist the resort’s CEO in executing strategies, managing and developing its core businesses [SINGAPORE] Genting Singapore has appointed Si Chen as chief operating officer (COO) of...
Internet services cut for hours by Amazon cloud outage
Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affectedMANY popular Internet services, from streaming platforms to messaging services and some banks, went offline for...
Coinbase, Fortnite among services hit by global outage of Amazon’s cloud unit
AMAZON’S cloud services unit AWS was hit by an outage on Monday (Oct 20), causing connectivity issues for many companies around the world and disrupting services for several popular...
Indonesia president says 40 trillion rupiah lost to illegal tin mining every year
INDONESIA is losing about 40 trillion rupiah (S$3.1 billion) annually to illegal tin mining and smuggling, said President Prabowo Subianto on Monday (Oct 20).The Indonesian leader ordered authorities to...
Tokyo: Nikkei closes at record high, benchmark JGBs slip ahead of Takaichi PM vote
JAPAN’S Nikkei share gauge surged to a record high on Monday (Oct 20) as fiscal expansionist Sanae Takaichi was set to become the country’s next prime minister with a...
Why India’s weak rupee has suddenly spiked in value
If US-India trade ties improve, pressure on the currency could ease; otherwise, the Reserve Bank of India may be forced to interveneUNTIL mid-October, the Indian rupee was Asia’s worst-performing...
Stellantis, China’s Pony AI to test robotaxis in Europe
[HONG KONG] Stellantis plans to team up with Chinese robotaxi operator Pony AI to start testing autonomous vans in Luxembourg. The agreement involves a battery-powered minivan as the initial fleet...
Emirates NBD plans to invest US$3 billion in India’s RBL Bank
[MUMBAI] Emirates NBD bank will invest as much as US$3.1 billion in India’s RBL Bank in the biggest foreign investments in the country’s financial sector and underscoring growing overseas...
