India’s central bank holds rates as expected, but growth risks linger
Published Wed, Aug 6, 2025 · 12:58 PM [MUMBAI] The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers waited to see the impact of recent rate cuts amid rising global trade uncertainties. A large majority of economists, 44 of 57,…
Read MoreThe evolving role of listed company directors
Singapore is on a mission to revitalise its capital markets. A high-level working group chaired by Minister for National Development Chee Hong Tat has been set up, and a slew of measures have been rolled out. Most recently, the Monetary Authority of Singapore (MAS) placed S$1.1 billion into the hands of an initial three fund…
Read MoreChinese hotel chain Atour is said to seek second listing in Hong Kong
Its American depositary receipts have more than tripled since, valuing the company at about US$4.8 billion Published Wed, Aug 6, 2025 · 12:26 PM [HONG KONG] Hotel chain Atour Lifestyle Holdings is considering a second float in Hong Kong, according to sources familiar with the matter, the latest US-listed Chinese firm to weigh such a…
Read MoreImas, UK’s Investment Association join MAS’ Project Guardian focused on asset tokenisation
[SINGAPORE] The Investment Management Association of Singapore (Imas) and Investment Association (IA) on Wednesday (Aug 6) announced their participation in Project Guardian, an international initiative led by the Monetary Authority of Singapore (MAS) exploring the potential of blockchain and asset tokenisation. The definition of asset tokenisation is the process of digitally representing assets on the blockchain.…
Read MoreUOBKH Alpha Picks portfolio beats STI in July, new top picks for Singapore, Malaysia named
[SINGAPORE] The UOB Kay Hian (UOBKH) Alpha Picks portfolio surpassed the Straits Times Index (STI) in July despite the latter hitting record highs, said an analyst report on Monday (Aug 4). The Alpha Picks portfolio had gains of 17.7 per cent month on month on an equal-weighted basis, or 6 per cent on a market…
Read MoreCathay Pacific poised to make first Boeing order in 12 years
[HONG KONG] Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources familiar with the matter. The Hong Kong-based carrier’s latest aircraft purchase plan for an additional 777X jets could be announced as soon as Wednesday (Aug 6), the sources said,…
Read MoreEXCLUSIVE: Midi Health Is Expanding Beyond Its Medical Offering With Supplements for Midlife Support
Midi Health is entering the supplement market. The women’s health platform focused on midlife on Wednesday launched its supplement line, which includes Daily Cortisol Support, $50, Daily Brain Boost, $35, and Daily Fiber+, $55. According to industry sources, Midi Health’s supplement line could exceed $30 million in sales its first year on the market. This…
Read MoreAsia: Investors walk fine line as Trump tariffs temper rate hopes
[HONG KONG] Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation. The US president’s claim that Washington was “very close to a deal” to extend a China truce provided some optimism, though…
Read MoreFire in southern France burns 11,000 hectares, injures nine
A wildfire in southern France slowed overnight into Wednesday after injuring nine people and burning through 11,000 hectares of vegetation, local officials said. The blaze, which started on Tuesday afternoon, is still threatening several villages in the Aude department, where 1,500 firefighters have been battling to extinguish it. “The fire is advancing in an area…
Read MoreTop Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
[HONG KONG] US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region. Citadel hired Ran Wei from Sylebra Capital as a portfolio manager focusing on technology, media and telecommunications, according to sources familiar with the matter, its third starting this month…
Read MoreNvidia reiterates its chips have no backdoors, urges US against location verification
Published Wed, Aug 6, 2025 · 11:07 AM [BEIJING] Nvidia has published a blog post reiterating that its chips did not have backdoors or kill switches and appealed to US policymakers to forgo such ideas saying it would be a “gift” to hackers and hostile actors. The blog post, which was published on Tuesday in…
Read MoreNewsom vs. the Terminator | National Review
Former California Governor Arnold Schwarzenegger is ready to put some muscle into the effort to stop Newsom’s gerrymander plan. Source link
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