Finance

Pimco's Dan Ivascyn warns the US 10-year Treasury yield could reach 6%, a first since 2000, as oil-driven inflation and debt concerns pressure bonds, potentially hurting stocks and credit.

Asian tech stocks slid as AI spending doubts and elevated bond yields weighed on sentiment, with weak OpenAI revenue signals and costly AI fundraising adding pressure.

Thailand uses IMF/World Bank meetings in Bangkok to boost soft power, serving Thai dishes like aged tilapia and showcasing culture to attract tourists and investors.

Gold held near $4,145 as traders weighed US-Iran tensions and expectations the Fed will keep rates steady in October but raise them later.

Oil surged over 5% on Iran strike fears and Hurricane Isaias supply cuts, then pared gains after Trump ruled out an October attack on Iran.

US stocks slipped as surging crude oil and weak chip shares dragged the S&P 500 and Nasdaq lower; investors awaited earnings and Fed signals.

US stocks fell as surging crude prices and a chip selloff weighed on the S&P 500 and Nasdaq; Dow edged up.

Malaysia PM Anwar's 2027 budget offers broad aid and tax cuts before a possible election, but economists doubt it will significantly sway voters; fiscal discipline and investment continue.

Global shares fell as oil jumped and bond yields stayed high, while AI debt concerns pressured chipmakers. Wall Street slipped, with the S&P 500 down 0.5% and Nasdaq 1.3%.

Digital money is becoming a spectrum. Treasury needs interoperable, AI-driven programmable liquidity infrastructure to connect traditional and tokenised assets, moving value seamlessly across borders.

Malaysian semiconductor firm SQAI plans to raise US$73 million in a first-quarter 2027 IPO, seeking up to RM1.5 billion valuation. Draft prospectus shows 337.5 million shares for expansion and R&D.

Nvidia-backed Firmus closed books on its struggling IPO amid insufficient investor support for the A$11 share price, raising concerns the mega-listing could be pulled.