Tag: Asia
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Asian stocks track Wall Street tech bounce, oil eases on Middle East hope
The gains across most equity markets followed a rebound on Wall Street, fuelled by a race to pick up cheaper assets following a sell-off sparked by bets on a US interest rate hike and warnings over tech firms’ valuations.
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Defying Trump with brief Iran fight, Israel seeks sway over peace talks
Trump, who launched the war alongside Israel in February, has been trying to reach a negotiated settlement with Iran, while excluding Israel from those talks.
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Death toll in Philippine quake rises to at least 32
Tsunami warnings were issued after a strong magnitude 7.8 earthquake struck off the southern Philippine island of Mindanao on Monday (Jun 8).
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Malaysia’s wage growth lags behind GDP as ‘top firms are not scaling’ – what gives?
A World Bank report in May found that Malaysia’s wage growth since 2010 has lagged behind its gross domestic product (GDP) growth in part because top firms in the country are not scaling up.
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Hong Kong proposes city’s leader decide national security offences
After massive democracy protests rocked the Asian financial hub in 2019, Beijing imposed a national security law that has been used to arrest many leading activists.
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BN sees Johor snap polls as vehicle for ‘blue wave’ comeback nationwide, says chairman Zahid
Prime Minister Anwar Ibrahim had earlier warned the component parties within his Pakatan Harapan coalition against clashing with Barisan Nasional as they are still partners in the federal government.
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Major quake off Philippines kills one, triggers tsunami warnings
The offshore quake hit at a depth of 35km about 24km west of Mindanao island’s Sarangani province.
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Earthquake of magnitude 8.2 strikes Mindanao, Philippines, GFZ says
The US Tsunami Warning System issued a tsunami threat following the earthquake.
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Lack of clarity on JB rail plans heightens bottleneck fears ahead of RTS Link launch
The issue of public transport infrastructure and congestion will likely be on the minds of voters ahead of the upcoming Johor state elections, analysts say.
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Commentary: Iran war has raised inflation risks. Why are Asian economies still growing?
For all the attention on inflation, the bigger surprise this year may be how resilient the region has been, says DBS chief economist Taimur Baig.
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