Culture

Japan private-sector rice imports soar in May
Published Fri, Jun 27, 2025 · 03:55 PM[TOKYO] Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache...
Thailand central bank vows to step in if baht moves are unhinged
[BANGKOK] Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy governor said, amid calls from local businesses to...
HDB US$1.5 billion India IPO sold out as wealthy investors pile in
The offering received bids for 242.8 million shares as of Friday (Jun 27) afternoon in Mumbai, versus the 130.4 million shares offeredPublished Fri, Jun 27, 2025 · 03:19 PM[MUMBAI]...
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 [SINGAPORE] HSBC Global Private Banking has appointed a...
Japan’s NTT files billion-dollar Reit listing with MAS; IPO set to be SGX’s biggest in four years
[SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely...
Info-Tech Systems launches IPO at S$0.87 apiece, marks SGX’s first mainboard listing in two years
[SINGAPORE] Software services provider Info-Tech Systems has launched its initial public offering (IPO) of 24,856,000 shares at S$0.87 each, in conjunction with its mainboard listing on the Singapore Exchange...
Bumper orders for Xiaomi‘s new SUV heighten threat to Tesla
[SHANGHAI] Exceptionally strong initial orders for Xiaomi‘s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may...
AEM, UMS, Frencken lead semiconductor stock surge; robust weekly gains ride on domestic, global tailwinds
[SINGAPORE] Semiconductor listcos were trading higher on Friday (Jun 27), notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for the...
Masayoshi Son hints at succession plan while chasing AI ambition
[TOKYO] Masayoshi Son acknowledged the outlines of a succession plan, addressing what may be the single biggest concern among investors, and name-checked the head of SoftBank Group’s telecom unit...
Asia: Stocks climb, dollar holds on trade hopes and rate bets
[HONG KONG] Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts.Easing concerns about...
Seoul asks Temu, AliExpress to pull children’s products over safety concerns
[SEOUL] The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded...
Gold heads for second weekly loss, investors eye US inflation data
Published Fri, Jun 27, 2025 · 10:57 AMGOLD prices fell on Friday, poised for a second consecutive weekly loss as a slight uptick in the dollar pressured bullion while markets...