Culture
India’s central bank to use cash reserve ratio as active liquidity tool
[MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash...
Singapore shares buck regional trend to close lower; STI falls 0.4%
[SINGAPORE] Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned about the lack of details...
Huawei launches Pura 80 smartphone series in next step of China comeback
The latest flagship launch demonstrates the Chinese tech giant’s continued efforts to reclaim the top spot in its home market despite ongoing US sanctionsPublished Wed, Jun 11, 2025 ·...
South-east Asia’s polymer production crisis worsens as US-China trade shift looms
[SINGAPORE] South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade tensions could redirect US polymer to the region’s already-saturated...
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995[SINGAPORE] Shares of Centurion rose on Wednesday (Jun 11) afternoon after the company announced...
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
[SHANGHAI] Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as...
Chinese automakers pledge to make payments to suppliers within 60 days
Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors awaiting key US...
Asia: Equities rally after China-US framework on trade
[HONG KONG] Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff...
Nintendo says sold record 3.5 million Switch 2 consoles in first four days
[TOKYO] Nintendo said on Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.“This is the highest...
