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

CGS-CIMB reaffirms 'add' call on Hong Leong Bank despite 9M net profit below expectations

Gains in banking stocks trim FBM KLCI's losses at midday

TM, ZTE ink MOU to collaborate on R&D innovation

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

Rozita Waty discharges duty as Finas CEO

Synergy House opens 11% lower at 38 sen on ACE Market debut

Elon Musk wraps up whirlwind China trip

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

US corporate debt binge could be hard to sustain

50 richest Malaysians added US$1.1 bil to wealth last year, says Forbes

Why 40°C is bearable in a desert but lethal in the tropics

Global money is fast chasing alternatives in Asian equities as China anxiety grows

CC Puan declared bankrupt for failing to settle RM31m owed to Medinis, Everegion

Contaminated drugs, shredded papers: US FDA uncovers failures in India pharma factories

Affin Bank names JP Morgan’s Nurjesmi as new CEO of Affin Hwang Investment Bank, confirms The Edge report

US debt ceiling bill passes House with broad bipartisan support

Business conditions remain challenging, PMI dipped to 47.8 in May

Wall St falls as labor data spurs rate hike jitters before debt ceiling vote

Indonesia, Malaysia freeze trade talks with EU over palm oil — FT

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.

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.

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

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

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

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

(June 1): US inspectors have in recent months uncovered wide-ranging lapses at factories run by some of India’s biggest pharmaceutical firms, as the world’s top supplier of cheap medicine faces increased scrutiny after a spate of deadly manufacturing incidents.

Dozens of drugmakers were...

(June 1): As frustration over China’s equity performance increases, some of Asia’s other major markets are emerging as more attractive alternatives for global investors.

The divergence has been on full display this week. A key Chinese stock gauge saw losses from its recent peak reach 20...

Crypto exchange Binance Holdings Ltd said it has received an order from one of Canada’s securities regulators to investigate whether the platform attempted to find a way around local regulations and compliance controls while seeking approvals in the country.

The Ontario Securities Commission served the world’s largest digital asset exchange with an investigation order on May 10, the platform said in a filing this month with the Capital Markets Tribunal. Two days later, Binance announced it would be withdrawing from the market, citing new regulatory guidance related to stablecoins and investor limits.

Binance discloses investigation by Canadian securities regulator

Vacancies at US employers unexpectedly surged in April to the highest in three months, giving the Federal Reserve more reason to consider hiking interest rates again soon.

The number of available positions increased to 10.1 million from an upwardly revised 9.75 million in March, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Wednesday. The figure beat all estimates in a Bloomberg survey of economists, which called for 9.4 million openings.

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