Business

JPMorgan Boosts Singapore Stocks Target as Economic Growth Holds

JPMorgan Chase & Co. raised its target for Singapore stocks as robust economic growth and a narrowing valuation gap with developed-market peers bolster their outlook.

Indonesian Tech Firm GoTo Faces MSCI Index Exclusion in Review

GoTo Group, the Indonesian ride-hailing and food delivery platform once valued at more than $32 billion, faces the prospect of being dropped from MSCI Inc.’s indexes on Wednesday after a plunge in its share price left the stock difficult…

Oil prices rise as attacks dent hopes for Strait of Hormuz reopening

Al Jazeera

Oil prices rise as attacks dent hopes for Strait of Hormuz reopening

Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.

Al Jazeera

SK Hynix, Samsung Extend Gains After Report Temasek to Invest

South Korean chipmakers extended gains following a local media report that Singapore’s Temasek Holdings Pte plans to invest in their stocks.

Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

CNBC

Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

CNBC

RNZ

FMA board hires KC to investigate outgoing chief executive

The new investigation into Samantha Barrass is separate from a MBIE review into the authority.

RNZ

HKEX pushes ahead on extended trading hours discussions as it prepares paper: sources

South China Morning Post

HKEX pushes ahead on extended trading hours discussions as it prepares paper: sources

Hong Kong Exchanges and Clearing (HKEX) will push ahead with talks on extending stock market trading hours by releasing a discussion paper, even as it faces brokers’ concerns over a longer trading time and cancellation of the trading lunch…

South China Morning Post

China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe

China has authorized Deutsche Bank AG as the first non-Chinese lender that can settle yuan transactions in Europe, expanding its clearing network to promote the currency overseas.

Counterpoint's Shah on Nvidia, Circular Deals

Neil Shah, Vice President at Counterpoint, discusses the outlook for Nvidia and the circular deals underpinning the AI boom. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)

New ‘Katsu Curry Index’ aims to show how weak the yen really is

Japan Times

New ‘Katsu Curry Index’ aims to show how weak the yen really is

One bank strategist argues that an international price comparison for the pork-and-rice dish — rather than burgers — gives a better sense of how the yen's retreat feels.

Japan Times

AAPA on Asia's Airline Industry, Passenger Demand

Wong Hong, Director General at the Association of Asia Pacific Airlines, discusses the outlook for the region's carriers and the impact from higher jet fuel prices on passenger demand. He speaks with Haidi Stroud-Watts on Bloomberg: The…

Singapore Airlines loses about S$1bn on Air India bet — with more pain forecast

Financial Times