Fashion
AI boom drives memory chip prices to ‘insane’ levels in US, adding to inflation pressures
Behind it lies the rush to build data centres, which power artificial intelligence and need vast quantities of memory chips[WASHINGTON] When Chris Barber, who’s been in the computer business...
Futu founder ‘Brother Leaf’ humbled by China broker crackdown
Income from Hong Kong and overseas brand Moomoo should easily offset pressure from the ban[HONG KONG] Long before China cracked down on his flourishing brokerage business, billionaire Leaf Li...
Shock at the pump: Indonesia’s Pertamax price hike fuels cost worries for middle class
The price hike has been long in the making, driven by a 50% surge in global oil prices since the Iran war[JAKARTA] A steep hike in the cost of...
Bank of Korea governor says interest rates to be raised ‘on time’
Published Fri, Jun 12, 2026 · 10:29 AM[SEOUL] South Korea’s central bank governor said on Friday (Jun 12) that it was necessary to raise interest rates “on time” as...
Alibaba bids US$1.5 billion for China grocer in fight with Meituan
Published Fri, Jun 12, 2026 · 10:12 AM[HONG KONG] Alibaba Group Holding is offering US$1.5 billion to acquire Chinese grocery delivery firm Pupu, initiating a bidding war as part...
Singapore Kitchen Equipment defends move to keep CEO, senior manager in jobs despite criminal charges
[SINGAPORE] Singapore Kitchen Equipment ( SKE ) said on Thursday (Jun 11) that two executives, including its CEO, have been kept in their positions despite being charged with fraud...
Bank of Japan set to hike rates to 31-year high, drop hawkish signals
The decision would align the BOJ with other central banks shifting towards tighter policyPublished Fri, Jun 12, 2026 · 09:49 AM[TOKYO] The Bank of Japan (BOJ) is set to...
Deutsche Bank names Robert Huray South-east Asia investment banking head
The changes come at a time as Hong Kong and China now drive most dealmaking and revenue for global banks operating in AsiaPublished Fri, Jun 12, 2026 · 09:33 AM[HONG...
From moonshot to markets: Understand the mechanics before plunging into SpaceX’s mega IPO
For investors, the more interesting point is not the headline valuation, but what actually comes into the market.EVERY once in a while, the markets are presented with an IPO...
As SpaceX scores a record US$75b IPO, retail investors can turn to ETFs for a piece of the space economy
But such funds should not be taken as just a stand-in for owning shares of Elon Musk’s firm, professionals say[SINGAPORE] With SpaceX making its Nasdaq debut on Friday (Jun...
