Thai central bank holds key interest rate, as expected
BANGKOK, June 24 : Thailand's central bank kept its key interest rate unchanged for a second straight meeting on Wednesday, as expected.The Bank of Thailand's monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1.00 per cent.All 28 economists in a Reuters ...
When decisions outrun evidence: how agentic AI rewires insight for Singapore
Hui Ching Tan - In most organisations, the decisions that matter most are made well before the evidence meant to inform them actually arrives. A leader commits capital to a new market, repositions a product, or moves on a competitive opening, while the study that should have guided the choice arrives weeks later. I ...
BOJ must scrutinise impact on financial system from AI, non-bank activities, Ueda says
TOKYO, June 24 : Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must scrutinise how Middle East developments, profitability of AI-related investments and overseas non-bank activities could affect the country's financial system."Japan's financial system remains st ...
Who captures the value in Singapore’s S$37 billion frontier tech bet?
For both companies and their investors, the opportunity is specific and time-bound
Alibaba sues Pentagon over blacklist designation
The lawsuit contests the Pentagon's decision to include Alibaba in a list released earlier in June of companies it says have ties to the Chinese military.
Emperador sets 2026 capex at 2.4 billion pesos, more than half to go towards whisky business
Deon Loke - The capital expenditure this year is lower compared with previous years
Japan’s NTT targets US$10 billion offering in largest Asian corporate bond sale of 2026
Half of the fundraising may be in US dollars, and the other half across euros and sterling
Talk of a bubble is 'blasphemy against AI' says SoftBank's Son
TOKYO, June 24 : SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is "an insult to AI." "I think it's blasphemy against AI if you say it's a bubble," Son said at the ...
Talk of a bubble is an 'insult to AI' says SoftBank's Son
TOKYO, June 24 : SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is "an insult to AI". "I think it's an insult to AI if you say it's a bubble," Son said at the Japan ...
AIP, backed by BlackRock and Temasek, said to be interested in Stack data centres
The number of prospective buyers reflects how data centres and related infrastructure have come to the forefront of dealmaking in Asia
ByteDance seeks $20 billion in its largest-ever offshore loan, Bloomberg News reports
June 24 : Chinese technology company ByteDance, the developer of TikTok, is in preliminary talks with banks for its largest offshore loan of about $20 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. The company has approached banks for a loan that may carry a t ...
Geopolitics and concentration risk steer Apac investors into diversification and active management: Schroders
Lynnette Tania Lee - Investors in Asia Pacific (Apac) are reshaping their portfolios as geopolitical uncertainty and rising market concentration force a rethink of traditional asset allocation, Schroders’ Global Investor Insights Survey 2026 finds. The survey, which polls more than 1,000 institutional investors, wealt ...
ByteDance seeks US$20 billion in its largest-ever offshore loan
The company has long been regarded as a prime IPO candidate
DBS and Climate Bonds Initiative report to plug adaptation and resilience financing gap
Lin Daoyi - Businesses and banks may now access a framework to identify, evaluate and finance credible adaptation and resilience (A&R) investments. Developed by DBS and Climate Bonds Initiative (CBI), the framework is published in their Adaptation and Resilience: Exploring Investable Opportunities in Asia-P ...
Growing interest from clients to engage on adaptation and resilience finance: DBS
Lin Daoyi - According to DBS, there has been growing interest from clients across industries to engage on climate adaption and resilience (A&R) finance. Presumably, this is a motivating factor for it to jointly develop a framework to identify, evaluate and finance credible A&R investments with Climate B ...
SIA Engineering’s Lim Sim Seng to chair new Skills and Workforce Development Agency
Shikhar Gupta - The SWDA will officially launch on Jul 1, marking the merger of SkillsFuture Singapore and Workforce Singapore
CapitaLand Investment secures approval for its second C-Reit at 4.8 billion yuan
Chloe Lim - The assets in the Reit are Raffles City Shenzhen and CapitaMall Fucheng
SoftBank’s Masayoshi Son scraps plan to retire in his sixties
The company has been accelerating its investments into AI-related companies
SIIA report warns of ‘high’ risk from transboundary haze, hints at potential multi-billion dollar economic losses
Lin Daoyi - Brunei, Indonesia, Malaysia and Singapore have to prepare themselves for “severe” transboundary haze that could result in multi-billion economic loss, suggests the Singapore Institute of International Affairs (SIIA). In its Haze Outlook 2026 report, the SIIA issued a “red” alert which indica ...
Exclusive-Japan plans to better manage war chest for yen intervention, draft shows
TOKYO, June 24 : Japan's government plans to examine ways to improve management of its $1.3 trillion foreign exchange reserves, a war chest for future yen intervention, according to a draft growth strategy report reviewed by Reuters on Wednesday. The plans reflect the government's desire t ...
Exclusive-Japan plans to better manage war chest for yen intervention, draft report shows
TOKYO, June 24 : Japan's government plans to examine ways to improve management of its $1.3 trillion foreign exchange reserves, a war chest for future yen intervention, according to a draft growth strategy report reviewed by Reuters on Wednesday. The plans reflect the government's desire t ...
Bank of Korea says higher rates needed amid housing, debt risks
The central bank also flags rising credit risks among vulnerable borrowers and businesses
South Korea’s central bank says higher rates needed amid housing, debt risks
The central bank also flags rising credit risks among vulnerable borrowers and businesses
Malaysia to ramp up support for ringgit as foreign outflows, Fed rate outlook weigh
June 24 : Malaysia's central bank said on Wednesday it would step up efforts to support the ringgit, including measures to attract foreign funds and encourage state-linked firms and companies to repatriate overseas earnings.Bank Negara Malaysia said its Financial Markets Committee, which met to ...
Meta launches cheaper range of AI smart glasses starting at $299
The Facebook parent has invested billions of US dollars in its pursuit of ‘personal intelligence’
Samsung Electronics plans 90 trillion won share buyback
The memory-chip maker will soon announce details on the plan
Cisco, Digital Defence Alliance Singapore launch a three-year AI and cybsecurity training push
Nurdianah Md Nur - Cisco and the Digital Defence Alliance Singapore (DDAS) have signed a three-year memorandum of understanding to develop artificial intelligence (AI) and cybersecurity training for youths and working professionals. The training programmes will provide practical, applied learning opportunities in Sing ...
Tesla holders bet on SpaceX merger as Elon Musk’s real endgame
SpaceX manufactures and launches rockets and satellites and has ambitions to send a man to Mars
Supply chain shocks, labour and power constraints weighing on Apac building boom: report
Ry-Anne Lim - Delivery is now most pressing challenge, as Middle East conflict pushes global supply chain risk to its highest since 2022
Supply chain shocks, labour and power constraints weighing on Apac building boom: consultant
Ry-Anne Lim - Delivery is now most pressing challenge, as Middle East conflict pushes global supply chain risk to its highest since 2022
Asia-Pac building boom under strain with supply chain shocks, labour crunch and power constraints: report
Ry-Anne Lim - Delivery is now most pressing challenge, as Middle East conflict pushes global supply chain risk to its highest since 2022
Airbus to inspect 16 A380s after cracks found on plane wings
The cracks appeared in a structural beam that runs along the wing and carries much of the aerodynamic load during flight.
Bank of Korea board member raises concerns about house prices, leveraged stock investments
SEOUL, June 24 : A board member of the Bank of Korea, Hwang Kun-il, said the central bank would more closely monitor financial stability risks such as household debt and leveraged stock investments.Here are some details: • "There are worries about household debt growth rising again as house p ...
Thai central bank keeps key interest rate unchanged, as expected
The monetary policy committee vote unanimously to maintain the one-day repurchase rate at 1%
