Singapore

Singapore Oil Magnate Faces Sentencing in Landmark Fraud Case

The founder of one of Asia’s largest oil trading firms, Lim Oon Kuin, better known as O.K. Lim, is set to be sentenced today in what has been described as one of Singapore's most severe fraud cases. Lim, the former...
xi jinping

Xi Jinping Seeks Closer Ties with Brazil During State Visit and G20 Summit

Chinese President Xi Jinping emphasized his intent to "further enhance" relations with Brazil upon his arrival for a state visit and the 19th G20 Summit, according to Chinese state media. The visit, which will extend until Thursday, reflects China's growing...
Japanese Markets

Bank of Japan Governor Hints at Path to Rate Hikes Amid Wage-Driven Inflation

Business leaders in Nagoya on Monday, Bank of Japan (BOJ) Governor Kazuo Ueda painted a cautiously optimistic picture of Japan's economic trajectory. Highlighting progress towards achieving sustained inflation bolstered by wage growth, Ueda suggested that conditions for raising interest rates...
Alibaba

Alibaba Group Seeks to Raise $5 Billion Through Multi-Tranche Bond Issuance

Chinese e-commerce powerhouse Alibaba Group is embarking on an ambitious plan to raise $5 billion through a multi-tranche bond offering, according to sources privy to the matter. The fundraising initiative includes both U.S. dollar-denominated bonds and offshore Chinese yuan bonds,...
delhi air pollution

Air Pollution Crisis: New Delhi Switches to Online Classes as Toxic Smog Worsens Health Crisis

In a drastic move to tackle the city’s escalating air pollution crisis, authorities in India’s capital transitioned schools to online classes on Monday, effective immediately. The decision comes in response to alarmingly high levels of toxic smog that have engulfed...
chinese stocks

Wall Street Grows Wary of Chinese Equities Amid Deflation and Geopolitical Uncertainty

Wall Street’s optimism toward Chinese stocks is fading rapidly as persistent deflationary pressures, geopolitical tensions, and a subdued macroeconomic outlook weigh heavily on investor sentiment. Major financial institutions such as Morgan Stanley and Goldman Sachs have issued cautious outlooks, downgrading...
Japanese Yen (JPY)

Yen’s Revival? Strategists Predict a 2025 Rebound Amid Global Economic Shifts

After two years of enduring relentless declines, the Japanese yen may finally be poised for a turnaround. Analysts and market strategists predict the yen could strengthen against the US dollar, fueled by anticipated policy shifts from the Bank of Japan...
Asia Stock Markets

Asian Markets Surge as Samsung Leads Gains Amid Mixed Global Sentiment

Asian shares rallied on Monday, reversing earlier losses, as South Korea’s Samsung Electronics Co. Ltd. surged following a surprise stock buyback announcement. The regional equities benchmark rose 0.3%, buoyed by gains in Hong Kong and mainland China, while Japanese markets...
Japan to Join Joint Training with US and Australian Forces Amid Rising Concerns Over China's Military Actions

Japan to Join Joint Training with US and Australian Forces Amid Rising Concerns Over China’s Military Actions

Japan has announced plans to send troops for joint military training with the United States Marines and Australian forces in northern Australia. This trilateral cooperation comes amid growing concerns over China’s increasingly assertive military activities in the region. The decision...
Muhammad Yunus

Bangladesh’s Interim Leader Muhammad Yunus Calls for Patience Amid Political Upheaval

Muhammad Yunus, the interim leader of Bangladesh, addressed the nation on Friday, marking 100 days since taking office as "chief advisor" following a historic student-led uprising that toppled the 15-year rule of Sheikh Hasina. In a nationally televised speech, the...
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