News

Japan’s faster economic growth offers window for BOJ rate hike
[ad_1] Expansion provides scope for higher borrowing costs and policymakers may want to act before Mid-East conflict starts weigh on growthPublished Tue, May 19, 2026 · 04:48 PMJAPAN’S economy grew...
Indonesia’s financial regulator says stock index reflects fundamentals after fall
[ad_1] The rupiah remained under pressure on Tuesday, hitting a record low of 17,730 a dollarPublished Tue, May 19, 2026 · 04:15 PM[JAKARTA] Indonesia’s stock market better reflects fundamentals now...
Australian stocks rebounds from 7-week low as RBA minutes hint near-term rate pause
[ad_1] Published Tue, May 19, 2026 · 03:54 PMAUSTRALIAN shares rebounded from a near seven-week low on Tuesday after minutes from the Reserve Bank of Australia signalled a wait-and-watch approach...
StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally
[ad_1] It will cut more than 15% of its global corporate function headcount; the impact on Singapore roles is still unclear[SINGAPORE] Standard Chartered (StanChart) will continue to hire relationship managers...
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
[ad_1] Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent[SINGAPORE] DBS is reframing banking with agentic artificial intelligence, and maintaining an organisational culture open...
AI replaces ‘lower-value human capital’, StanChart CEO says
[ad_1] Bill Winters’ remarks echo a growing candor among global financial leaders regarding the realities of automationPublished Tue, May 19, 2026 · 01:50 PM[HONG KONG] Standard Chartered chief executive officer...
Starbucks Korea head sacked after ‘Tank Day’ promotion sparks public uproar
[ad_1] President Lee Jae-myung slams Starbucks as a ‘degenerate peddler’, saying he is enraged by the campaignPublished Tue, May 19, 2026 · 12:59 PM[SEOUL] The head of Starbucks Korea has...
Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships
[ad_1] Young Talent Programme for AI in Finance is part of a broader push by MAS and IBF to expand talent pathways[SINGAPORE] Undergraduates who want to apply artificial intelligence beyond...
Frencken shares fall 15.5% after Q1 earnings dive
[ad_1] [SINGAPORE] Shares of Frencken fell by as much as 15.5 per cent or S$0.47 to S$2.57 shortly after market open at 9.30 am on Tuesday (May 19).By that time,...
Oil falls over 2% as Trump says he holds off scheduled attack on Iran
[ad_1] Published Tue, May 19, 2026 · 08:45 AM[BENGALURU] Oil prices fell more than 2 per cent in early Asian trade on Tuesday (May 19) after US President Donald Trump...
Gold extends gain as hopes for Iran truce ease inflation fears
[ad_1] Published Tue, May 19, 2026 · 08:13 AM[SINGAPORE] Gold extended a gain as the prospect of a US-Iran ceasefire deal eased some inflationary concerns that have weighed on bullion.The...
OpenAI defeats Elon Musk’s lawsuit, removes obstacle to IPO
[ad_1] Published Tue, May 19, 2026 · 07:51 AM[OAKLAND, California] A US jury on Monday (May 18) ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence...