Uzbek president pledges continued reforms, tax-free zone at Tashkent forum
TASHKENT, June 17 : Uzbekistan's President Shavkat Mirziyoyev promised on Wednesday to continue economic reforms in the fast-growing Central Asian country, including establishing an independent financial regulator."We are always open to investors interested in cooperating with Uzbekistan a ...
Central banks plot domestic and diverse gold storage locations, expect USD holdings to decrease
Lin Daoyi - According to the World Gold Council’s Central Banks Gold Reserves Survey 2026 issued on June 16, central banks are increasingly changing the storage locations for their gold reserves. The survey was conducted between Feb 5 to May 19, with the majority of the 76 responses coming in after the start ...
Sun PhuQuoc Airways announces ambitious international expansion, aims for 200 aircraft by 2035
Derryn Wong - The carrier aims to fly new routes to South Korea, China, Thailand, Russia, Mongolia, Kazakhstan in 2026
When billions watch, every impression counts
Laura Quigley - Marquee events are the crown jewels of the global media calendar. Cultural phenomena like the FIFA World Cup, Wimbledon Championships, and the Indian Premier League (IPL) do more than capture raw reach; they bring entire cities to a standstill. Today, however, that massive fan energy is no longer co ...
Next advantage for Asean firms lies in ability to operate amid uncertainty: BT regional survey
Goh Ruoxue - The question isn’t whether to go regional, but how fast: BT editor Chen Huifen at the flagship report’s launch
ECB officials say peace in Iran isn’t enough to fix energy shock
The main concern is that it will take time to restore production capacity, repair infrastructure and get ships sailing again
Keppel signs user for fourth Bifrost fibre pair, in talks with another and 'progressing well' on next cable system
The Edge Singapore - Keppel has found a user for another fibre pair for its Bifrost Cable System, which means there is only a remaining fibre pair out of the total of five not spoken for. According to Keppel, it has leased the fourth pair to an unnamed "global technology leader" and that it is in "active ...
Bank of Korea vows to respond until inflation eases towards target
SEOUL, June 17 : The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the central bank said price pressures were expected to keep inflation above its target through next year, even with progress toward ending the U.S. war with Iran."We will actively respon ...
Bank of Korea expects inflation to exceed its target through next year
SEOUL, June 17 : South Korea's central bank said on Wednesday inflation was expected to exceed its target through next year, as upward price pressures remained high despite progress in talks between the U.S. and Iran to end the war. "Going forward, inflation is expected to stay high for a ...
Italian mother takes on Meta, TikTok after daughter's death
ASTI, Italy, June 17 : In the span of just a few months, Irene Roggero Ugues watched her daughter Rossella's behaviour change as social media fed her an increasing stream of self-harm content, before the 12-year-old died by suicide.Only after Rossella's death did Irene and her husband unlo ...
Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting
TOYOTA CITY, Japan, June 17 : Toyota Motor shareholders re-elected Akio Toyoda as chairman and backed new CEO Kenta Kon as a board member on Tuesday, endorsing the automaker's leadership at the first annual meeting held during Kon's tenure.Shareholders also approved the re-election of four ...
G7 leaders tackle reliance on China for critical minerals
Western powers are racing to secure offtake from mines and build up processing and recycling capacity
China vows to improve anti-sanctions measures in financial law
The high-profile forum comes a day after the country released data showing the world’s second-largest economy slumped in May
Economists raise inflation projections, lower growth forecasts in first MAS survey since Iran war
Elysia Tan - More now see MAS tightening policy in July, though majority still expect it to hold
China’s central bank hints at shift toward overnight policy rate to match global peers
PBOC will improve the use of temporary overnight reverse repo and repo operations
China’s central bank hints at shift towards overnight policy rate to match global peers
Such a move would mark another step in the PBOC’s revamp of its policy framework that began in 2024
What happens when AI does the shopping
Nurdianah Md Nur - Eighty-one per cent of retail executives surveyed by Deloitte expect brand loyalty to weaken as AI agents take over more of the purchasing process, according to the firm's The future of commerce: Agentic shopping in Asia Pacific report. It is not hard to see why. A shopping agent optimising for ...
Vietnam maintains 2026 GDP target despite trade deficit, inflation pressure
HANOI, June 17 : Vietnam will stick to its economic growth target of 10 per cent this year, despite a widening trade deficit and other challenges, a deputy finance minister said on Wednesday. The Southeast Asian country's trade deficit is estimated to have hit $15 billion in the first half of t ...
Philippines' Globe Telecom moves ahead with Mynt IPO-related filings
June 17 : Philippines-based communications firm Globe Telecom said on Wednesday its board approved two filings related to the proposed initial public offering of its e-wallet unit Mynt with the Securities and Exchange Commission and the local stock exchange. Here are some more details:• Globe Tele ...
Manulife pulls loan product for rich Hong Kong clients after scrutiny
The US$80 million policy uses 4 times leverage to offer over 10% returns to wealthy buyers
GCash parent Mynt moves closer to Philippine IPO with board approval
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
GCash’s parent company Mynt authorises filing for potential IPO on Philippine stock exchange
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
GCash’s parent company Mynt authorises filing for potential IPO on Philippines stock exchange
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
Six companies launch Hong Kong offerings worth up to HK$19.8 billion
The launches come as global markets stabilise following a ceasefire agreement in the Middle East
Asian stocks edge lower with Fed decision in focus
Recent declines in oil prices have helped ease concerns that energy costs may reignite inflation
RHB's Natarajan maintains 'buy' on Starhill Global REIT
The Edge Singapore - Vijay Natarajan of RHB Bank Singapore has kept his "buy" call and 66 cents target price on Starhill Global REIT, given its "steady" operational performance, due to a well-balanced mix of master or actively managed leases. "The REIT manager exercises prudence in terms of acqu ...
Gold edges up as rate-hike fears ease; Fed rate decision in focus
Investors now await the Federal Reserve policy decision and remarks
Goldman Sachs shatters dealmaking records with US$1 trillion in first-half M&A volume
The figure comes on the back of the investment bank managing SpaceX’s landmark IPO
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Shikhar Gupta - Tan Chian Khong says Lai, who is also Heliconia chairman, requested his resignation from board, committee roles
CSE Global independent director quits over clashes with chairman Eugene Lai over board refresh
Shikhar Gupta - Tan Chian Khong says Lai, who is also chair of controlling shareholder Heliconia Capital, requested his resignation from the board and committee...
HSBC, Google AI partnership set to add over US$100 million gains
The multiyear partnership will enable more than 200 new AI use cases at the bank over the next two years
HSBC partners with Google Cloud to expand AI usage
The announcement comes after Elhedery in May urged staff to embrace AI
Stocks to watch: Boustead Singapore, CSE Global, Elite UK Reit
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 17):
Singapore’s key exports growth hits 22-year high of 38.4% in May
Tessa Oh - Electronics shipments jump 95% on strong chip, computer demand; pharmaceuticals lead non-electronics growth
