Culture
Indonesia’s central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on MondayPublished Tue, Sep 2, 2025 · 03:10 PM[JAKARTA] Indonesia’s central bank has been...
DBS’ plan to buy Alliance Bank stake is said to have stalled
[SINGAPORE] DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according...
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
[DUBAI] Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in one of the world’s hottest markets for wealth...
MUFG to launch 100 billion yen Japan real estate fund
The new fund is the latest in a run of Japanese property fund launches this year, as real estate prices climb and the central bank looks to hike interest...
China-led bloc to set up development bank in win for Xi
[BEIJING] Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition in a display of Beijing’s growing influence.Members...
Asia: Gold glitters to new high as stocks mixed
Published Tue, Sep 2, 2025 · 12:21 PMGOLD climbed to a new record on Tuesday as investors sought out safe havens, while Japan’s Nikkei and the Hang Seng pushed...
BOJ should keep raising interest rates, Deputy Governor Himino says
Published Tue, Sep 2, 2025 · 10:31 AM[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in...
Trump’s World Liberty token falls in first day of trading
[NEW YORK] The digital tokens backing the Trump family’s cryptocurrency venture, World Liberty Financial, fell in value on Monday (Sep 1) in their first day of trading.The World Liberty...
Westpac to hire hundreds of bankers in business lending push
It’s expanding this presence with three new service centres in regional New South Wales, Victoria and TasmaniaPublished Tue, Sep 2, 2025 · 09:29 AM[SYDNEY] Westpac Banking plans to hire...
Stocks to watch: ST Engineering, ComfortDelGro, Nio, Fu Yu Corp
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 2): ST Engineering and ComfortDelGro: Transportation company ComfortDelGro (CDG) became the sole...
China’s aluminium factories are changing to escape a crushing price war
[BEIJING] For Liang Zhu, who runs an aluminium factory about 100 kilometres north of Hong Kong, there is only one way out of China’s vicious spiral of excessive competition:...
Europe: Stoxx 600 ends higher on defence boost; Novo Nordisk jumps after Wegovy data
[BENGALURU] European shares finished marginally higher on Monday (Sep 1), supported by defence stocks, while Novo Nordisk gained after data showed its weight-loss drug Wegovy delivers stronger heart-protective benefits...