Technology
From Black Sea to US Midwest, extreme weather threatens crop output
FORECAST dryness in the Black Sea region’s breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take...
MUFG is penalised by Japan’s financial regulator, Kyodo says
JAPAN’S financial regulator penalised Mitsubishi UFJ Financial Group’s (MUFG) flagship banking unit and two joint ventures for violating client confidentiality rules, Kyodo News reported.The Financial Services Agency (FSA) ordered...
China lures US$2.3 billion of Middle East sovereign money in 2023
ABOUT US$2.3 billion of Middle East sovereign wealth fund capital flowed into the greater China market last year, Hong Kong Monetary Authority’s (HKMA) Kenneth Hui said on Monday (Jun...
SingPost to trial postal collection service via SMRT trains
The pilot is designed to study the benefits of using MRT trains to collect postal itemsSINGAPORE Post (SingPost) and SMRT’s business arm, Stellar Lifestyle, are launching a postal collection...
Bank of Japan debated need for timely rate hike at June meeting, summary shows
THE Bank of Japan (BOJ) debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase without delay to address risks of...
Japan’s FX diplomat says Tokyo ready to respond to rapid FX move
JAPAN is always ready to take action against excessive market moves, Tokyo’s top currency diplomat Masato Kanda said on Monday (Jun 24), as the yen fell close to 160...
Stocks to watch: Prudential, Food Empire, Geo Energy, IReit Global
THE following companies saw new developments that may affect trading of their securities on Monday (Jun 24): Prudential: The Asia-focused insurer on Sunday announced the launch of its US$2...
Drone attack damages merchant ship in Red Sea: UK agencies
A DRONE attack damaged a merchant ship in the Red Sea near Yemen on Sunday (Jun 23), two maritime security agencies said, as Iran-backed Huthi rebels announced naval attacks...
Fed rate cuts, ‘reverse globalisation’ may spur relatively undervalued Singapore, Asian stocks
FOMC meeting participants are now projecting only one rate cut this year, while both Biden and Trump want tariffs on imports from ChinaABOUT a year before the pandemic struck,...
Who Killed Julio Foolio? Florida Rapper Shot Dead Outside Holiday Inn in Tampa Two Days after Celebrating 26th Birthday
Florida rapper Julio Foolio was shot dead in Tampa on Sunday, shortly after celebrating his 26th birthday, according to his lawyer. Julio Foolio, whose real name was Charles Jones,...