News

Canada will ‘adjust’ counter tariffs on US metals if no deal in 30 days
[ad_1] Published Fri, Jun 20, 2025 · 06:59 AM[OTTAWA] Canada will “adjust” its 25 per cent counter tariffs on US steel and aluminum in response to a doubling of US levies...
Europe: Shares dive as Middle East tensions, US involvement fears weigh
[ad_1] EUROPEAN shares skidded to an over one-month low on Thursday as escalating Middle East tensions and fears over potential US involvement rattled investors.The pan-European Stoxx 600 closed down for the third...
Trump extends deadline for TikTok sale by another 90 days to Sep 17
[ad_1] [WASHINGTON] US President Donald Trump announced on Thursday (Jun 19) that he has given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the...
Bank of England keeps rates steady, sees further loosening as jobs market weakens
[ad_1] [LONDON] The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker labour...
Japan to cut super-long bond sales by 10% to calm markets
[ad_1] [TOKYO] Japan’s government plans to cut sales of super-long bonds by about 10 per cent from its original plan in a rare revision to its bond programme for the...
Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
[ad_1] [SINGAPORE] Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital. Prudential and AIA told...
South-east Asia’s budget airlines bet on travel demand, despite competition woes
[ad_1] [SEOUL] South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based...
Uber warns Hong Kong drivers and riders of possible new curbs
[ad_1] [HONG KONG] Uber Technologies is e-mailing Hong Kong users to raise concerns about rules the city is formulating, warning the government could cap the number of drivers or vehicles...
Globally diversified equities remain attractive amid yet another Fed pause: analysts
[ad_1] [SINGAPORE] Analysts continue to favour globally diversified equities, as the US Federal Reserve kept interest rates unchanged on Wednesday (Jun 18). In its latest meeting, the Federal Open Market...
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
[ad_1] [HONG KONG] Asian stocks fell on Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen economic growth, while oil prices edged...
Coinbase launches stablecoin payments service for e-commerce
[ad_1] [NEW YORK] Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big leap forward in the mainstream adoption of...
Alibaba Cloud to start second data centre in South Korea by June
[ad_1] The company operates 87 availability zones across 29 global regions and is China’s largest cloud providerPublished Thu, Jun 19, 2025 · 10:47 AM[SEOUL] Alibaba Group Holding will open a...