Russia export slide forcing a rethink at some Chinese carmakers

Russia export slide forcing a rethink at some Chinese carmakers

[HONG KONG] Russia turned into a lucrative market for Chinese automakers after the invasion of Ukraine, as they rushed in to fill the void left by foreign brands. That easy access may be over. In late 2024, Moscow started raising a “recycling fee” on imported vehicles that’s seen the price of passenger cars with one-…

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Asia: Shares rise as Japan politics weigh on yen

Asia: Shares rise as Japan politics weigh on yen

[HONG KONG] Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign pushed down the value of the yen. Investors were also digesting weak US jobs data, while crude prices climbed after eight key members of the Opec+ alliance said that they…

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The Best Moments From the 2025 VMAs

The Best Moments From the 2025 VMAs

The 2025 MTV VMAs took place Sunday night, bringing with them a chance to lock in on the buzziest names in music right now—namely, Ariana Grande, Lady Gaga, Sabrina Carpenter, Rosé, Jelly Roll (…sure, why not?), and, of course, Mariah Carey. But what were the standout moments of the night? We’re glad you asked. Here,…

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Indonesia bonds set to extend edge over India on rate-cut bets

Indonesia bonds set to extend edge over India on rate-cut bets

[JAKARTA] Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets. Analysts say the trend has room to run. The yield gap between Indonesia’s 10-year bonds and India is currently about 10 basis points. Economists surveyed by Bloomberg expect it to double by the third quarter of…

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MTV VMAs 2025 Fashion—Live From the Red Carpet

MTV VMAs 2025 Fashion—Live From the Red Carpet

The 2025 MTV VMAs red carpet is here! Tonight, the annual awards ceremony—one of music’s biggest nights, aside from the Grammys—will hand out accolades to some of the buzziest musicians of the year, across competitive categories such as Artist of the Year and Album of the Year. The night will also feature a number of…

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Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms

Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms

AN EXPECTED move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week in Singapore, with chatter about looming oversupply certain to dominate conversations. Opec+ (the Organization of the Petroleum Exporting Countries and their allies) shocked the market earlier this year…

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In Ukraine, civilians donate their spare cash — and watch it turn into $40 million strikes against Russia

In Ukraine, civilians donate their spare cash — and watch it turn into  million strikes against Russia

In Ukraine, crowdfunding foundations play an outsize role in keeping elite units supplied with FPV drones. One renowned group, the Sternenko Foundation, delivers new, updated drones in days or weeks. Drone pilots say it’s often the difference between life and death on the rapidly changing battlefield. Editor’s note: This story features several interviewees who requested…

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All the Winners at the 2025 VMAs

All the Winners at the 2025 VMAs

Sunday night’s MTV Video Music Awards promised no shortage of excitement, what with the thrilling roster of performers—Lady Gaga! Sabrina Carpenter! Doja Cat and Kenny G! Tate McRae! Mariah Carey!—assembled at the UBS Arena in Elmont, New York. But who walked away from the night with a Moonman (or two or three)? See the full…

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CEOs eyeing tech deals record flock to key Goldman confab

CEOs eyeing tech deals record flock to key Goldman confab

[NEW YORK] CEOs, investors, analysts and even some bankers gathering for one of the tech industry’s biggest summits this week in San Francisco will likely spend time whispering about how 2025 could go down as the best year ever for deals in their sector. Such chatter would have been nearly unthinkable just six months ago,…

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