Author: Admin
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO [SINGAPORE] While the world is facing a landscape marked by geopolitical tensions, trade barriers and technological bifurcation, there are several clear pathways to growth and prosperity, with Asia being central to that journey.Making this point on Thursday (Oct 9) was OCBC’s deputy chief executive officer Tan Teck Long, as he painted a picture of how the economic environment and financial markets have been impacted by US President Donald Trump’s sweeping “Liberation Day” tariff measures that were announced in April.“Fast forward to today, the fog hasn’t…
Image Source: Bing Image. License: All Creative Commons Russia is committed to educating a generation in which flying drones and learning the fundamentals of war are as routine as a day in mathematics class. The Kremlin has since 2023 ramped up its push to militarize education, integrating drone technology, patriotic education, and even combat training into the daily lives of kids, kindergarten students, through university students. Image Source: Bing Image. License: All Creative Commons The drone revolution in Russian classrooms is not merely an upgrade in technology—it’s a wholesale cultural transformation. As reported by OpenMinds, the initial seven months of…
Video Details Alex Rodriguez reacted to the New York Yankees’ ALDS elimination, saying, “For me personally, one of the worst constructions of a roster I’ve ever seen.” Additionally, Derek Jeter, David Ortiz, and Kevin Burkhardt analyzed why the Yankees fell short this season and discussed how the team can bounce back next year. 2 HOURS AGO・Major League Baseball・5:48
The president of Colombia alleged Wednesday that a boat struck by the U.S. military in the Caribbean Sea last week carried Colombian citizens, a claim a White House official called “baseless and reprehensible.”The U.S. military has hit at least four alleged drug boats since last month, with the most recent known strike on Oct. 3 killing four “narco-terrorists” in a vessel off the coast of Venezuela, according to Defense Secretary Pete Hegseth. The Trump administration argues the attacks are necessary to halt drug trafficking, but critics say the administration lacks legal approval to carry out the strikes.On Wednesday, Colombian President…
The country is set to be reclassified as a secondary emerging market by global index provider FTSE Russell in September 2026 [HO CHI MINH CITY] Vietnam has achieved a significant milestone in its financial development with FTSE Russell’s announcement of the reclassification of the country’s stock market from frontier to secondary emerging market status.Following the phased inclusion starting from Sep 21, 2026, Vietnam will be positioned alongside its Asean peers such as Indonesia and the Philippines, while ranking behind advanced emerging markets such as Thailand and Malaysia, as well as developed ones like Singapore.Below are key points investors should know about this new…
TAIPEI :TSMC, the world’s largest contract chipmaker, reported on Thursday third-quarter revenue rose 30 per cent year-on-year, beating the market forecast, as demand for the company’s products leapt on surging interest in artificial intelligence applications.Revenue for July-September came in at T$989.92 billion ($32.47 billion), according to Reuters calculations, compared with T$759.69 billion in the year ago period.The latest result handily topped an LSEG SmartEstimate of T$973.26 billion drawn from 22 analysts, and was in the mid-point of guidance of $31.8 billion to $33 billion issued by TSMC in July in its last earnings call. TSMC only gives guidance in U.S.…
Federal funds futures contracts suggest investors see rate cuts likely in October and December[NEW YORK] US Federal Reserve officials showed a willingness to lower interest rates further this year, but many expressed caution driven by concerns over inflation at their policy gathering last month.“Most judged that it likely would be appropriate to ease policy further over the remainder of this year,” according to minutes of the Federal Open Market Committee’s (FOMC) Sep 16 to 17 meeting. The record of the meeting also showed “a majority of participants emphasised upside risks to their outlooks for inflation”.Officials at that gathering voted 11-1…
Video Details The MLB on FOX crew break down the Toronto Blue Jays’ “masterclass” victory over the New York Yankees, analyzing how Toronto’s dominant performance punched their ticket to the ALCS. 2 HOURS AGO・Major League Baseball・23:12
The late Shinzo Abe (L) and Sanae Takaichi (R) at a science and technology innovation conference in Tokyo on October 22, 2014.Toshifumi Kitamura | Afp | Getty ImagesFor years, U.S. President Donald Trump has accused Japan of engaging in “unfair trade practices” — a criticism that dates back to his days as a real estate mogul.In March, Trump again singled out Japan, alleging that Tokyo weakened its currency to gain an unfair trade advantage. “I’ve called the leaders of Japan to say you can’t continue to reduce and break down your currency,” he said.Then–Prime Minister Shigeru Ishiba reportedly told Japan’s…
Financial authorities must revise capital frameworks and integrate resilience into monetary operations to tackle cross-border, systemic challengesIN JUST the last few months, novel risks have crystallised across Asean+3.Grab merchants in Singapore began accepting stablecoin payments; Typhoon Bualoi flooded Philippine and Vietnamese ports and factories, paralysing entire provinces; and US tariff increases are forcing regional economies to recalibrate supply chains. These disruptions share a common thread: traditional economic frameworks cannot keep pace. Digital assets are reshaping monetary systems, social tensions are threatening political and economic stability, climate extremes are disrupting supply chains, and geopolitical shifts are upending trade patterns.