Fashion
Indonesia’s rupiah hits record low on central bank independence worries
[SINGAPORE] Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after President Prabowo Subianto nominated his nephew to...
These Singapore winners can benefit from AI boom, power crunch: Morgan Stanley
[SINGAPORE] The US “shale revolution” is about to export a windfall to Singapore, helping defray the cost of powering the artificial intelligence boom. A “glut” of new LNG supply...
South Korea bourse CEO sees Kospi at 6,000, vows to cut ‘zombie’ firms
The index’s surge over the past 12 months is the best among more than 90 global equity indexes tracked by Bloomberg[SEOUL] The world-beating rally in South Korean stocks is...
How Europe could ‘weaponise’ US$10 trillion of US assets over Greenland
The most tangible reaction from the EU so far has been a proposal to halt approval of its July trade deal with America[LONDON] As Europe considers how best to...
MSCI rule shift may spur US$2 billion exit from Indonesian stocks
[JAKARTA] Global funds may withdraw more than US$2 billion from Indonesian equities in coming months if MSCI proceeds with a change to its indexing methodology, underscoring concerns about the...
UK mulls Australia-style ban on social media for children
[LONDON] Britain is considering a range of measures to better protect children online, including an Australian-style ban on social media for those below a certain age and tougher guidance...
South Korea kicks off AI Squid Game in bid to compete with US, China
The state-backed survival contest aims to find the best indigenous artificial intelligence models[SEOUL] Late last year, more than a thousand people converged in Seoul’s convention centre as elite engineers presented their latest developments...
CEO revenue confidence hits five-year low: PwC survey
There was a sharp divide between those already seeing benefits from AI adoption and those who did not[DAVOS, Switzerland] Only three in 10 chief executives are confident in their...
Oil steadies as Iran supply fears ease and Greenland moves into spotlight
[CALGARY] Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus
The battle over a new tax on California’s billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich...
