Japan’s economy rebounds in April-June, Covid-19 clouds outlook
TOKYO (REUTERS) - Japan's economy rebounded more than expected in the second quarter after slumping in the first three months...
Business
Malaysian ringgit falls to one-year low as PM Muhyiddin’s resignation looms
SINGAPORE (REUTERS) - The Malaysian ringgit fell to a one-year low on Monday (Aug 16) and stocks in Kuala Lumpur...
Big Tech rolls on as investors shrug off regulatory pressure
WASHINGTON (AFP) - Pressure is rising on Big Tech firms, signalling tougher regulation in Washington and elsewhere that could lead...
Global supply chains are being battered by fresh Covid-19 surges
HONG KONG (BLOOMBERG) - Asia's renewed surge in Covid-19 infections is compounding supply-chain blockages across the world's biggest source of...
China’s factory output, retail sales slow, miss expectations
BEIJING (REUTERS) - China’s factory output and retail sales growth slowed sharply and missed expectations in July, as new Covid-19 outbreaks...
Google and Facebook’s new cable to link Japan and South-east Asia
TOKYO (BLOOMBERG) - Alphabet's Google and Facebook announced their participation in a new subsea cable system for 2024 set to...
HSBC in agreement to buy AXA Singapore for $780 million
SINGAPORE - HSBC has agreed to acquire AXA's Singapore insurance business for US$575 million ($780 million), the banking heavyweight said...
Weekly Money FM Podcasts: How investors can hedge cryptocurrency exposure
Weekly Money FM Podcasts (Aug 16) How investors can hedge cryptocurrency exposure (featuring Mr Sudhu Arumugam, Co-founder, CoinFLEX) Data driven...
Hyatt to buy Apple Leisure Group from KKR and KSL Capital for US$2.7 billion
BENGALURU (REUTERS) - US hotel operator Hyatt Hotels Corp plans to buy resort company Apple Leisure Group from its private-equity...
New private home sales in S’pore surge 82.2% in July despite tightened Covid-19 curbs
SINGAPORE - Sales of new private homes surged in July, making for the second-highest monthly sales this year despite tightened...