Leadership
Malaysia to enforce VEP system for foreign cars entering Johor from Singapore starting Oct 1
All foreign-registered vehicles entering Malaysia from Singapore by land will be required to use a Vehicle Entry Permit (VEP) from Oct 1, 2024.This will apply to motorists entering both...
Sri Lanka holds rates to manage inflation, foster economic stability
SRI Lanka’s central bank held interest rates steady on Tuesday (May 28) to ensure inflation pressures remain in check as authorities look to foster economic stability and lift growth...
China chipmakers are catching up fast in AI, SenseTime co-founder says
CHINA’S domestic artificial intelligence (AI) chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime co-founder Xu Bing. Asia has a shortage of computation...
Asia: Markets diverge, dollar weakens ahead of US inflation data
ASIAN markets were mixed on Tuesday as investors took a breather after the previous day’s rally and as they gear up for the release of key US inflation data...
Gold prices steady as traders brace for US inflation report
GOLD prices were steady on Tuesday (May 28), as investors maintained a cautious stance ahead of key US inflation data, which could provide more insight into the Federal Reserve’s...
Singapore stocks rise on Tuesday; STI up 0.3%
SINGAPORE shares started Tuesday (May 28) on a stronger note, following European stocks’ overnight gains.Singapore’s Straits Times Index (STI) rose 0.3 per cent or 9.02 points to 3,327.47 as...
Bets on Canada rate cut hold out hope for lagging banks
INVESTORS up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.The S&P/TSX Banks index...