Japanese investors sell foreign bonds for fifth straight week, eye home market
Japanese investors sold foreign bonds for a fifth consecutive week, shifting focus toward the domestic market amid changing conditions.
Finance
Philippine central bank raises key interest rate by 50 basis points
Philippine central bank raises key interest rate by 50 basis points, likely to tame inflation.
Asian markets dip as investors weigh tech earnings, Gulf tensions
Asian stocks slipped as investors weighed upbeat tech earnings against AI spending, Fed policy and Gulf tensions, with safe-haven demand firm and oil elevated.
Flurry of activity for China’s richest ahead of offshore wealth tax deadline
China's richest face an Oct 22 deadline to pay a 20% tax on offshore trust dividends and interest, as Beijing seeks revenue from overseas wealth.
Frasers Centrepoint Trust posts 2.6% higher second-half DPU to hit new full-year record payout
Frasers Centrepoint Trust's H2 DPU rose 2.6% to $0.06214, lifting full-year DPU to record $0.1235, driven by Northpoint City South Wing and higher rents.
Asian markets dip as investors weigh tech earnings, Gulf tensions
Asian markets dipped as investors weighed tech earnings results and rising Gulf tensions, with regional indices mixed amid cautious sentiment.
Australia’s ASX says ‘turning point’ reached after trading outages
ASX chair says exchange reached turning point after trading outages, keeping dividend payout at 75% and cost guidance, balancing shareholder returns with resilience.
Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
Nasdaq led Wall Street gains as SpaceX's first profit and Super Micro's strong forecast boosted AI sentiment, easing worries about AI spending.
Temasek and GIC deny instigating Indonesian stock rout
Temasek and GIC denied a former Indonesian trade minister’s claim that they influenced MSCI to trigger Indonesia’s stock rout, calling the allegations baseless and untrue.
UK inflation picks up more than expected to 3.5% in September
UK inflation rose more than expected to 3.5% in September from 3.1%, driven by higher energy prices, strengthening expectations the Bank of England will raise rates.
South-east Asia’s digital economy to hit US$368b in 2026, up 17% as AI uplifts growth
South-east Asia’s digital economy is forecast to reach US$368 billion in 2026, up 17%, driven by AI across e-commerce, travel, media, and delivery.
Data, applications, computing power: Get the network wrong, and AI adoption stalls
AI adoption stalls without agile, secure networks connecting data, applications and computing power; companies must first assess data and scale connectivity on demand.