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CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

CGSI upgraded Singapore's banking sector to 'overweight,' citing robust capital inflows and loan growth. The upgrade is driven by expected Net Interest Income (NII) expansion, structural gains in wealth management, and improved asset yields.

At least $1.7m lost since February to scams where fraudsters impersonate Microsoft tech support

At least $1.7m lost since February to scams where fraudsters impersonate Microsoft tech support

Scammers impersonating Microsoft tech support have caused losses of at least $1.7 million since February. Victims are tricked by fake pop-ups into providing money or remote access, claiming their devices were used for illegal activities.

Chinese Velociraptor cousin had a taste for birds

Chinese Velociraptor cousin had a taste for birds

Researchers discovered *Jian changmaensis*, a feathered dinosaur cousin of Velociraptor, in China. This small predator, living 120 million years ago, likely hunted birds and other prey in lakeside ecosystems, revealing early raptors' diverse carnivorous diet.

Facebook faces Thai scam lawsuit

Facebook faces Thai scam lawsuit

A Thai watchdog sued Meta, Line, Apple, and local banks for facilitating online scams. Victims allege the platforms failed their duty of care, allowing fraudsters to exploit systems for losses exceeding 230 million baht.

Unlocking western China

Unlocking western China

Thai agents promoted tourism to Western China via roadshows in Urumqi, Dunhuang, and Lanzhou. They aim to boost two-way travel by encouraging direct flights and highlighting Thailand's appeal as a warm escape destination for Chinese travelers.

WHO chief praises Uganda's Ebola effort

WHO chief praises Uganda's Ebola effort

The WHO chief praised Uganda's effective Ebola response to the outbreak from DRC. He commended local measures, like canceling large gatherings, for keeping the case fatality rate low. The WHO stressed continued cross-border collaboration is key to controlling the epidemic.

As it happened: Magnitude 7.8 earthquake strikes southern Philippines, triggering tsunami warnings

As it happened: Magnitude 7.8 earthquake strikes southern Philippines, triggering tsunami warnings

A powerful 7.8 magnitude earthquake struck southern Philippines near Mindanao, causing significant damage and casualties. Authorities ordered immediate evacuations in coastal areas of the Philippines and Indonesia. Tsunami warnings were issued across the Asia-Pacific region following the quake.

Death toll in Philippine quake rises to at least 35

Death toll in Philippine quake rises to at least 35

A powerful magnitude 7.8 earthquake struck Mindanao, Philippines, triggering tsunami warnings. The disaster has resulted in at least 35 deaths and over 100 injuries. Authorities are coordinating relief efforts as search operations continue for the missing.

As Indonesia’s top envoy becomes latest from ASEAN to visit Myanmar, analysts warn of risks

As Indonesia’s top envoy becomes latest from ASEAN to visit Myanmar, analysts warn of risks

Indonesia's visit signals ASEAN reassessing its approach to Myanmar. Analysts view it as a pragmatic recalibration, moving away from pure isolation. However, experts caution that such engagement must avoid legitimizing the military junta without tangible progress on the ground.

Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns

Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns

While rate hikes stabilized the Rupiah temporarily, analysts stress that lasting investor trust requires more than monetary fixes. The government must address deep fiscal concerns and improve governance for sustained, long-term economic stability.

Singapore stocks slide amid global tech rout, Iran war strikes

Singapore stocks slide amid global tech rout, Iran war strikes

Singapore's stock market declined amid global tech sell-offs and Middle East tensions. The STI fell sharply as investors reacted to semiconductor fears and AI bubble concerns, mirroring significant drops seen across major Asian markets.

Indonesia’s crisis of confidence as markets decode Prabowo

Indonesia’s crisis of confidence as markets decode Prabowo

Indonesia's markets face a crisis of confidence amid policy uncertainty under Prabowo Subianto. Investors cite interventionist policies, commodity rule confusion, and rising government spending as key risks to the nation’s long-term growth story, dampening market optimism.