Culture

Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...

Alibaba to Baidu lead surge in equity-linked bond sales in Asia
[HONG KONG] Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain elevated and rallying stocks create...

LinkedIn settles antitrust lawsuit, agrees to contracting changes
[SUNNYVALE] Business social network LinkedIn has agreed to make temporary changes to its contracting practices to settle a lawsuit by US users who claimed it schemed to prevent potential...

US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico
THE euro briefly hit a three-week low on Monday (Jul 14) before partially recovering, while the US dollar held steady in a muted reaction to US President Donald Trump’s...

Musk says he does not support merger between Tesla and xAI
Published Mon, Jul 14, 2025 · 04:32 PM[AUSTIN] Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his...

China banks stoke controversy with loans to boost pensions
[BEIJING] Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their pension shortfalls as lenders get...

With medical costs under the microscope, IHH Healthcare group CEO continues to eye expansion
[SINGAPORE] As IHH Healthcare looks to streamline its operations and expand in its current markets, it is also keeping its eyes peeled for opportunities to grow in new countries,...

JPMorgan tells fintechs to pay up for customer data access
[NEW YORK] JPMorgan Chase has told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars for access to their customers’ bank account information...

Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94 million adding to the S$184 million...

US dollar has best week since February on tariff inflation risks
Published Sat, Jul 12, 2025 · 11:52 AM[NEW YORK] The US dollar turned in its best weekly performance in more than four months as US President Donald Trump’s latest...