Culture

Shanghai stock benchmark hits new decade high, Hong Kong nears 4-year peak
[HONG KONG] China and Hong Kong stocks jumped on Monday (Aug 25), led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued...
Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine
[BEIJING] Iron ore futures touched a one-week high on Monday (Aug 25) as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of...
Asia’s US$306 billion of global bond sales are about to go higher
[TOKYO] More Asian borrowers are considering bond offerings, extending a stretch of sales that has already jumped to the most since 2021 at US$306 billion-equivalent across US dollars and...
Indonesia scraps coal pricing rules after pushback from buyers
Published Mon, Aug 25, 2025 · 03:30 PM[JAKARTA] Indonesia scrapped rules forcing miners to sell coal and minerals at government-determined levels after buyers pushed back against a system introduced...
India central bank chief says RBI hasn’t ‘lost sight’ of growth
Published Mon, Aug 25, 2025 · 03:20 PM[MUMBAI] India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay...
Singtel’s Optus appoints non-executive director John Arthur as new chair
[SINGAPORE] Singtel’s Australian subsidiary Optus has appointed John Arthur, a non-executive director, as its new board chairman with effect from Monday (Aug 25). Arthur replaces outgoing chairman Paul O’Sullivan,...
Thailand car production drops in July, local sales up
Published Mon, Aug 25, 2025 · 01:27 PM[BANGKOK] Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while...
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Published Mon, Aug 25, 2025 · 01:16 PM[BENGALURU] Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes...
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
[SINGAPORE] OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post (SingPost) to “hold”, mainly due to a lack of recent...
Oil prices climb after Ukraine attacks hit Russian energy sites
[BEIJING/SINGAPORE] Oil prices edged higher on Monday (Aug 25) after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut...
Indonesia urges EU to remove countervailing duty on biodiesel after WTO ruling
[JAKARTA] Indonesia’s trade ministry on Monday (Aug 25) urged the European Union to immediately remove countervailing duties on biodiesel imports, after the World Trade Organization (WTO) backed the South-east...
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
[LONDON/TOKYO] Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining other Japanese financial companies aiming for a larger share of...