As foreign exchange traders shift their books to bet on interest-rate cuts, the Philippine peso looks set to emerge as a winner: historically it’s been the least affected by monetary easing among Southeast Asian currencies.

Philippine peso looks to race ahead in Southeast Asia once rate cuts begin

Long lines, lost baggage and lengthy delays — common features of air travel these days. Now passengers in some places are being asked to step on the scales before boarding to help airlines calibrate their weight loads.

Airlines weigh passengers to see if Covid, remote work, made them heavier

Tesla Inc chief executive Elon Musk departed Shanghai Thursday morning, wrapping up a two-day trip to China in which he met government ministers, a key battery supplier and visited the automaker's biggest production hub.

Elon Musk wraps up whirlwind China trip

KUALA LUMPUR (June 1):  Singapore’s private homes are now the most expensive in Asia-Pacific, having overtaken Hong Kong,

CNBC: Singapore most expensive Asia-Pacific city for private homes

Large US companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expected volatility related to extending the US debt ceiling and another possible move higher in interest rates.

US corporate debt binge could be hard to sustain

Investors riding the rapid ascent of the artificial intelligence theme are experiencing a hiccup as shares of Nvidia Corp and other major players slip after a powerful rally.

AI boom gets fresh gut check as Nvidia drops most since January

WASHINGTON (May 31): Kevin McCarthy earned his stripes as Republican speaker of the US House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt ceiling bill containing federal spending limits that President Joe Biden for months vowed to resist.

McCarthy's moment: Debt ceiling win secures Republican US House speaker's standing

Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes from the US Federal Reserve (Fed) this month.

Stocks rise on China data surprise, Fed pause talk

The Bank of Japan (BOJ) must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary Fund's (IMF) chief economist Pierre-Olivier Gourinchas told Reuters.

IMF urges BOJ to keep ultra-low rates, but be ready to shift course

Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from UBS Group AG.

About 30% of family offices in Asia-Pacific plan to raise their allocation of assets in Greater China in the next five years, according to the Swiss bank’s global family office report, which surveyed 230 firms, including 45 single family offices from Asia.

Asia’s super rich plan to invest more in Greater China, UBS says

BRUSSELS (June 1): Malaysia’s Deputy Prime Minister Datuk Seri Fadillah Yusof visited the Port of Antwerp-Bruges International (PoABI) as part of his official visit to Belgium on Wednesday (May 31).

Fadillah visits Belgium’s Port of Antwerp-Bruges

Hong Kong kicked off a new crypto regulatory regime in a bid to nurture a digital-asset hub, a pivot that’s stirred interest but has yet to win big investment pledges from an industry chastened by a market rout last year.

Hong Kong’s crypto ambitions get a guarded reception from digital-asset companies

Most Asia-Pacific stock markets rose on Thursday amid receding bets for a US rate hike this month and relief over the passage of the US debt ceiling bill through the House.

Asia stocks gain as Fed hike bets recede, debt vote eases nerves

WASHINGTON (May 31): A divided US House of Representatives passed a bill to suspend the US$31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.

World

‌
‌

World

‌‌

‌
‌