Culture
STI continues slide on Friday, falls 0.2%
Across the broader market, advancers outnumber decliners 295 to 262 after 2.6 billion shares worth S$3.3 billion change hands[SINGAPORE] Singapore stocks ended the week lower on Friday (Sep 19),...
Singapore reviewing short seller claim against India’s Vedanta
The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter[LONDON] The Singapore Police Force (SPF) is reviewing a complaint by...
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects[MANILA] The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct “enhanced...
China’s showcase of AI chip prowess triggers US$240 billion rally
Investors are betting the recent flurry of talk by Chinese tech firms will translate into real products down the roadFROM Huawei Technologies to Alibaba Group, China’s biggest tech firms...
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism[BANGKOK] Thailand’s central bank has intervened to slow the Thai currency’s movement, an assistant...
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
[TOKYO] The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking another step forward in...
Japan two-year government bond yield rises to highest since 2008
Most BOJ watchers expect authorities to lift the benchmark interest rate by January[TOKYO] Japan’s two-year government bonds fell, pushing yields to the highest level since 2008, tracking moves in...
South Korea eases equity rules for banks to spur high-tech investment
In a move to broaden financing channels for smaller companies, Seoul will introduce security token offerings[SEOUL] South Korea rolled out measures aimed at redirecting bank funds from property lending...
Asia: Markets fluctuate as focus turns to Trump-Xi, Bank of Japan
ASIAN markets swung on Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald...
China seeks trade edge by shunning US soy in first since 1990s
Chinese buyers typically rely on American soybeans between October and February, before the South American harvest arrives[BEIJING] For the first time since at least the 1990s, China has not...
