Posts by Swedan Margen
Japan’s 30-year bond yield hits record high ahead of key election
[TOKYO] Japan’s 30-year government bond fell on Tuesday (Jul 15), with the yield hitting a record high, on concerns about the nation’s fiscal health ahead of a closely monitored national election at the end of this week. The 30-year JGB yield touched an all-time high of 3.195 per cent, before easing to 3.18 per cent,…
Read MoreRTX launches new Collins Aerospace facility with flexible manufacturing system in Singapore
[SINGAPORE] Defence conglomerate RTX launched its new Collins Aerospace facility at Seletar Aerospace Park in Singapore on Tuesday (Jul 15). This marks the beginning of construction at the aerospace park, part of RTX’s US$250 million investment to expand its advanced manufacturing and maintenance, repair and overhaul (MRO) capabilities in Singapore. The event was officiated by…
Read MoreSome airlines checking Boeing fuel switches after Air India crash
[NEW DELHI] India on Monday (Jul 14) ordered its airlines to examine fuel switches on several Boeing models, while South Korea said it would order a similar measure, as scrutiny intensified of fuel switch locks at the centre of an investigation into a deadly Air India crash. The precautionary moves by India, South Korea and…
Read More19-Year-Old Dies After Meat Grinder Gets Activated During Cleaning at Tina’s Burrito Factory in Vernon
An investigation was underway after a 19-year-old man died while he was working at a Vernon factory that makes frozen burritos. The tragic incident took place around 9:30 p.m. Sunday, according to the Los Angeles County Fire Department, which said the call came in to report an injured worker in the kitchen of the Tina’s…
Read MoreMalaysia has not found any evidence yet of illicit chip smuggling, minister says
[KUALA LUMPUR] Malaysia has not yet found any evidence of illicit trade in advanced semiconductors, its trade minister said on Tuesday (Jul 15), adding that authorities were seeking help from the United States in its probe into alleged chip smuggling. Malaysia has been under pressure from the United States to staunch the flow to China…
Read MoreNvidia to resume H20 AI chip sales to China in US reversal
[HONG KONG] Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal from the Trump administration’s earlier stance. US government officials told Nvidia they would green-light export licenses for the H20 AI accelerator, the company said in a…
Read MoreIndonesia 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 plans Published Tue, Jul 15, 2025 · 12:03 PM [JAKARTA] Indonesia, the world’s biggest coal exporter, may impose an export levy on the fossil fuel in a bid to boost state revenues, according to local media reports…
Read MoreAsia: Markets mixed as China’s economy meets forecasts
[HONG KONG] Markets were mixed on Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump’s tariff threats provided support. Beijing said gross domestic product expanded 5.2 per cent in April-June thanks to a surge in exports as…
Read MoreThailand to name Vitai as central bank chief, reports say
[BANGKOK] Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a Cabinet meeting likely to endorse the appointment. Finance Minister Pichai Chunhavajira has picked Vitai, president of the Government Savings Bank (GSB), to run the Bank of Thailand (BOT), the Thai-language newspaper…
Read MoreThailand to name Vitai Ratanakorn as central bank chief, reports say
[BANGKOK] Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a Cabinet meeting likely to endorse the appointment. Finance Minister Pichai Chunhavajira has picked Vitai, president of the Government Savings Bank (GSB), to run the Bank of Thailand (BOT), the Thai-language newspaper…
Read MoreThailand to pick rate-cut advocate Vitai Ratanakorn as central bank chief
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, sources familiar said, selecting an advocate of aggressive interest rate cuts to help revive the nation’s faltering economy. Finance Minister Pichai Chunhavajira picked Vitai, president of the Government Savings Bank (GSB), to run the Bank of Thailand (BOT),…
Read MoreThailand unexpectedly delays naming new central bank chief
[BANGKOK] Thailand’s expected appointment of veteran banker Vitai Ratanakorn as the next central bank governor was delayed by at least a week, a sudden twist in the selection process for the closely-watched position. Vitai, president of the Government Savings Bank, was poised to be nominated by Finance Minister Pichai Chunhavajira for the Cabinet’s confirmation, people…
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