Posts by Riah Marton
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue currently confronting insurers in Taiwan, where the majority of assets are invested in US dollar (USD) bonds, but liabilities are in the domestic Taiwan dollar.…
Read MoreSingapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
[SINGAPORE] Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of “meaningful” inflation ahead, as consumers are expected to face higher prices due to the Trump administration’s proposed import tariffs. He also cautioned against placing too much confidence in the current outlook for rate…
Read MoreSouth Korea’s Cuckoo set for Malaysia debut after scaling down IPO
[SEOUL] A subsidiary of South Korean home-appliance maker Cuckoo Holdings is set to go public in Malaysia after a scaled-down offering that is expected to raise RM395 million (S$119.4 million). Cuckoo International (Mal) will begin trading on June 24, two months after postponing its initial public offering (IPO) due to market volatility. The final amount…
Read MoreAmazon’s Early Prime Day Fashion Deals: The Birkenstock Dupe Everyone Wants, Plus It-Girl Denim 52% Off
Our writers and editors independently determine what we cover and recommend. When you buy through our links, E! may earn a commission. Learn more. Did you hear the good news? Amazon Prime Day is just around the corner! In just a few weeks you’ll be able to shop insane deals (like Black Friday insane) on all of…
Read MoreKaren Read makes Bold Statement About Her Police Officer Boyfriend Outside Courtroom after She Was Acquitted of Killing Him
Karen Read celebrated outside the courthouse and made a bold statement in her first public remarks after being found not guilty of murdering her Boston police officer boyfriend on Wednesday. “No one has fought harder for justice for John O’Keefe than I have. Than I have and my team,” she said outside the courthouse in…
Read MoreSwiss watch exports slump in May as US tariffs shake market
Asia exports slump as shipments to China, Japan and Hong Kong plunge by double digits in latest data Published Thu, Jun 19, 2025 · 04:06 PM [ZURICH] Swiss watch exports dropped by almost 10 per cent in May led by a slump in shipments to the US, reversing the previous month’s surge when manufacturers were…
Read MorePhilippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday Published Thu, Jun 19, 2025 · 04:03 PM [MANILA] The Philippine central bank lowered its key interest rate by a quarter point for the second time this year, as widely expected, after inflation remained below target. The Bangko Sentral…
Read MoreGoogle Mocks Apple’s iOS 26 With Humorous Podcast Video, Samsung Joins Roast
Apple announced iOS 26, the newest version of its operating system, on June 9th as one of a slew of new announcements at the Worldwide Developers Conference (WWDC). Apple also unveiled a new visual revamp, which they referred to as the “Liquid Glass” design. The new look is also a part of changes to core apps…
Read More“ChatGPT May Be Making Us Think Less, Learn Less”: Study from MIT Warns
It has been only a few months since the generative artificial intelligence chatbot ChatGPT has become popular to the extent of being inseparable from our daily lives, but several people, including the initial faces behind developing AI have already warned against the excess use of it for various reasons. Now a study by the Massachusetts…
Read MoreU.S. Senate Passes Stablecoin Regulation Bill; Major Banks and Companies Explore Launches
The U.S. Senate has passed a bill establishing a regulatory framework for stablecoins, transforming what was once a niche area of crypto into a fast-growing sector gaining interest from global corporations. Stablecoins are cryptocurrencies designed to hold a stable value—usually pegged 1:1 with the U.S. dollar—and are often used by crypto traders to move funds…
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