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ASEAN set to sign landmark regional digital economy framework agreement in November 2026

ASEAN set to sign landmark regional digital economy framework agreement in November 2026

ASEAN plans to sign a landmark Digital Economy Framework Agreement at the 47th ASEAN Summit in November 2026. This first regional pact aims to strengthen digital connectivity across Southeast Asia, simplifying trade rules and boosting consumer confidence through shared digital standards.

With world leaders’ ‘abysmal failure’ to uphold global order, ASEAN holds lessons: Timor-Leste president

With world leaders’ ‘abysmal failure’ to uphold global order, ASEAN holds lessons: Timor-Leste president

Ramos-Horta argued that global leadership has failed, citing devastating wars. He stressed that ASEAN offers a model for peace through "patient practical diplomacy." Dialogue and cooperation are essential to uphold the rules-based international order.

Moves by US and China to ease tensions crucial for S-E Asia, says ASEAN chief

Moves by US and China to ease tensions crucial for S-E Asia, says ASEAN chief

ASEAN Secretary-General Kao Kim Hourn stressed that US-China easing tensions is vital for South-east Asia's stability and development. He warned of geopolitical pressure on smaller nations, advocating preventive diplomacy over military spending.

'Unrealistic' for Southeast Asia to meet Hegseth's defence spending demand amid Sino-US rivalry

'Unrealistic' for Southeast Asia to meet Hegseth's defence spending demand amid Sino-US rivalry

Analysts argue that meeting US defense spending targets is unrealistic for Southeast Asia due to pressing economic needs. Instead, the region should prioritize domestic development and use multilateral platforms like ASEAN to balance great power competition between the US and China.

Pentagon’s Asia commander seeks funds to deter China on Taiwan

Pentagon’s Asia commander seeks funds to deter China on Taiwan

The US Indo-Pacific Command seeks massive funding to deter China over Taiwan. A report details plans for advanced weaponry, including anti-ship munitions and hypersonic missiles. This spending aims to counter Beijing's military expansion and secure critical waterways by 2027.

Young investors drawn to Singapore equities as safe harbour amid wild seas

Young investors drawn to Singapore equities as safe harbour amid wild seas

Their advice: Buy what you understand, not what is trending. Read more at straitstimes.com.

Nomura hikes 2030/31 profit target by 50%, boosted by fee-based revenues

Nomura hikes 2030/31 profit target by 50%, boosted by fee-based revenues

Nomura Holdings significantly raised its profit target for the 2030/31 fiscal year by 50%. The boost is attributed to successful business transformation and stable fee-based revenues from wealth and investment management, signaling strong confidence in future market stability.

Ukraine ratifies $134 billion EU loan to boost spending on defence

Ukraine ratifies $134 billion EU loan to boost spending on defence

Ukraine's Parliament ratified a €90 billion EU loan to bolster its economy and defense. The funds will boost military spending to record levels while improving energy resilience. However, the aid is conditional on Ukraine implementing key anti-corruption reforms.

Japan banks battle to secure deposits as savers chase market highs

Japan banks battle to secure deposits as savers chase market highs

As savers chase high returns in Japan's booming stock market, banks struggle to secure traditional deposits. This shift forces financial institutions to innovate their offerings and focus on transaction banking to sustain lending opportunities.

Australia extends quarantine for hantavirus-hit cruise ship passengers

Australia extends quarantine for hantavirus-hit cruise ship passengers

Australia has extended the quarantine for repatriated cruise ship passengers affected by hantavirus. The period is now set for 42 days total, until June 23. This measure keeps Australian citizens and residents isolated near Perth following health advice.

Rescuers in Laos say more oxygen needed to save 7 divers trapped in cave

Rescuers in Laos say more oxygen needed to save 7 divers trapped in cave

Rescue efforts continue for seven divers trapped in a flooded cave in Laos. Although at least five have been found alive, none have been rescued yet. Rescuers urgently require additional oxygen tanks to sustain life support and complete the complex extraction mission.

Singapore-listed Wilmar shares dive most in 6 years on Indonesia probe

Singapore-listed Wilmar shares dive most in 6 years on Indonesia probe

Wilmar International's Singapore-listed shares plummeted after Indonesian authorities launched a probe. The investigation targets suspected under-invoicing and transfer pricing of palm oil exports, causing significant market concern for the major producer.