Culture
Thailand to weigh tax on gold trades to slow baht rally
Officials are discussing ways to tax gold bought and sold through various online channels and settled in baht[BANGKOK] Thai authorities are reported to be considering a tax on physical...
Fading Labubu frenzy wipes US$13 billion from Pop Mart shares
Despite the slide, the Chinese toymaker is still up more than 180% year-to-date and remains the top performer on the Hang Seng Index[HONG KONG] The cooling frenzy over Labubu...
MAS needs to boost retail share of IPO listings
It would be fairer to retail investors and add to market liquidity given the larger pool of shareholdersI REFER to the commentary “It’s sink or swim time for local...
SGX CEO Loh Boon Chye’s pay rises 3.3% to S$7.82 million in FY2025
This follows record high earnings and revenue for the local bourse operator in the financial year [SINGAPORE] Singapore Exchange (SGX) chief executive officer Loh Boon Chye got a 3.3...
Asia: Markets fluctuate ahead of expected US rate cut
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.Equities have enjoyed a strong run-up over recent...
Tencent appoints banks for first bond sale in four years
The company is proposing to sell offshore-yuan denominated notes with five-year, 10-year and 30-year tenors as early as Tuesday[HONG KONG] Chinese technology and mobile gaming giant Tencent Holdings has...
UltraGreen.ai secures US$188 million investment round led by 65 Equity Partners and Vitruvian Partners
[SINGAPORE] UltraGreen.ai has secured a US$188 million investment round led by 65 Equity Partners and Vitruvian Partners.Other investors in the round include August Global Partners, and the funding will...
Trump expects a ‘big cut’ from Federal Reserve this week
Recent weak economic reports are raising concerns that the labour market may slide into a deeper slowdown, threatening consumer spending and growth[NEW YORK] US President Donald Trump predicted a...
Taiwan insurers may boost FX hedging to protect foreign assets
Wagers on local dollar gains, along with stronger demand for protection, can drive up non-deliverable forward premiums[TAIPEI] Taiwan’s life insurers look set to lift their currency hedging from near...
Markets gear up for series of Fed cuts with bullish bets at risk
Markets have also priced in reductions continuing deep into 2026 to ward off a recession[NEW YORK] A key question for investors this week is whether US Federal Reserve officials...
