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Horizon Vision

Hong Kong property developer New World seeks more time to pay bonds with exchange offer

Hong Kong property developer New World seeks more time to pay bonds with exchange offer

Hong Kong's New World Development launched a debt exchange offer, letting bondholders swap 2027-2028 notes for new secured 2032 notes, to ease repayment pressure and boost liquidity.

Why China is holding back fuel exports - and what it means for Asia’s diesel supplies

Why China is holding back fuel exports - and what it means for Asia’s diesel supplies

China suspended October fuel exports to safeguard domestic supply amid Iran-war uncertainty, tightening Asia’s diesel market, though increased output elsewhere may cushion the impact.

South Korea's Lee says AI appears to have been used in bank hacks

South Korea's Lee says AI appears to have been used in bank hacks

South Korea's President Lee says AI appears to have been used in bank hacks; police investigate customer data breaches, and he calls for AI-era cybersecurity.

Asian shares track Wall Street higher; Treasury yields near multi-decade highs

Asian shares track Wall Street higher; Treasury yields near multi-decade highs

Asian shares rose, tracking Wall Street's tech-led record close, while Treasury yields stayed near multi-decade highs and the euro weakened on French fiscal concerns.

Middle East war sharpens focus on ASEAN energy security plans

Middle East war sharpens focus on ASEAN energy security plans

ASEAN energy ministers meet in Manila to review fuel-security plans as Middle East war raises oil prices, exposing reliance on imported crude and pushing stockpiles, renewables, and grid integration.

Commentary: Can commuters’ fatigue from North-South Corridor construction be better managed?

Commentary: Can commuters’ fatigue from North-South Corridor construction be better managed?

North-South Corridor construction delays deepen commuter fatigue; authors urge clearer, location-specific updates, accessible temporary routes, and responsive local feedback to ease daily disruption.

Southeast Asia's energy security at a crossroads as power demand surges, IEA warns

Southeast Asia's energy security at a crossroads as power demand surges, IEA warns

IEA warns Southeast Asia’s surging energy demand and reliance on imported fuel threaten security amid Middle East disruptions, urging diversification, reserves, renewables and efficiency.

Retrenched PMETs who return on lower pay see median 25% wage cut

Retrenched PMETs who return on lower pay see median 25% wage cut

Retrenched PMETs often face lower re-employment, and those rehired at lower pay suffer a median 25% wage cut; financial services has the weakest re-entry rate.

Spain’s Sanchez calls snap election after housing plan fails

Spain’s Sanchez calls snap election after housing plan fails

Spanish PM Pedro Sánchez called a snap election for Nov 29 after parliament rejected his housing plan, amid protests, a fragile government and corruption scandals.

Spain PM calls early election after parliament rejects housing measures

Spain PM calls early election after parliament rejects housing measures

Spain's PM Pedro Sanchez calls a snap election for Nov 29 after parliament rejected his minority government's housing relief measures, amid nationwide protests over unaffordable housing.

Singapore sets aside S$118 million for research into bio-based chemicals

Singapore sets aside S$118 million for research into bio-based chemicals

Singapore commits S$118 million to research bio-based chemicals, opening the National Centre for Engineering Biology to advance sustainable specialty chemicals.

Ex-Anthropic researcher Jacob Coxon testifies at New York City Council AI hearing

Ex-Anthropic researcher Jacob Coxon testifies at New York City Council AI hearing

Ex-Anthropic researcher Jacob Coxon told NYC Council that AI remains uncontrollable and urged slower frontier development as lawmakers weighed new safeguards, including a kill switch.