International news
News from wire services and other publishers.
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Bangkok floods threaten to shave 0.3 percentage points from Thailand’s 2026 growth
Severe flooding in Bangkok and surrounding provinces is projected to reduce Thailand's 2026 economic growth by 0.3 percentage points, lowering estimates to 2.1%
GXS wants more secured loans, targets second-hand car market
Its AutoLoan product, launched on Sep 9 for Grab drivers, is undergoing beta testing with consumers
Does diversification still work? Market concentration raises challenges
Due to the surge in AI as a theme in public equities, fixed income and real assets, exposure risk is rising
China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source
Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment…
Why Citi is betting on China’s 30-year bonds as US Treasury yields climb
Citi Research has turned bullish on China’s 30-year government bonds, projecting that yields will fall further even as US Treasury yields climb. In a Monday research note, analysts at the Wall Street bank recommended…
AstraZeneca, Merck, Novo deals boost Chinese biotech as global interest grows
Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid…
Domestic workers in Central Visayas to get P500 monthly minimum wage increase
Domestic workers will receive a P500 increase in their monthly minimum wage under a new wage order in Central Visayas, the Department of Labor and Employment (DOLE) said Tuesday.
As competition heats up for your capital, active judgment helps discern risks and rewards
Investors need to understand where pricing power sits and which businesses capture profits
‘180-degree flip’ sees global investors turn to China for diversification: Pimco president
Global investors are turning to China again in search of alternatives to crowded US asset markets, with Pimco seeing Chinese bonds as one of the safest ways to diversify portfolios after sentiment towards the world’s…
UOB found ‘grossly negligent’ over Stamford Land rights issue advice, to pay S$1.9 million
High Court says bank failed to exercise reasonable skill and care in advising hospitality company
