Peso slides, stocks fall as Trump rejects Middle East peace deal

Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private. According to...

[The content of this article has been produced by our advertising partner.] Global markets have rarely lacked opportunity, but the conditions affecting them have become far more difficult to read. Geopolitical tensions and rapid technological change can reshape both investment and business outlooks. For high-net-worth (HNW) individuals, returns obviously remain important, but they are increasingly considered alongside institutional strength, regulatory stability and the ability to keep long-term...

The Bureau of Internal Revenue (BIR) has issued a circular implementing the renewed excise tax break on liquefied petroleum gas (LPG) and kerosene, less than three months after it was lifted, as crude oil prices breached the threshold for tax relief again amid the conflict in the Middle East.

This note examines how different climate transition pathways affect firm-level credit risk across ASEAN+3 economies, using 12-month probabilities of default as a measure of credit risk. It compares outcomes under Nationally Determined Contributions and net-zero 2050 scenarios against current policy baselines, revealing sector-specific and country-specific variations. The findings show that transition risk is highly heterogeneous, […]

Several Chinese mutual funds investing in US stocks have warned investors about risks associated with hefty premiums to their net asset values, highlighting persistent demand for US equities even after Beijing expanded quotas for outbound investment. At least six fund houses, including China Asset Management, Hua An Fund Management and China Universal Asset Management, issued warnings last week after the market prices of some of their funds rose substantially above their net asset values,...

[The content of this article has been produced by our advertising partner.] Global markets currently face high levels of uncertainty. Inflation remains elevated in developed economies, the trajectory of monetary policy is unclear, and complex geopolitical tensions add further complexity to the outlook. At times like this, it makes sense for fixed-income investors to broaden their portfolio exposure. Asian fixed income presents attractive opportunities to diversify across markets, supported by...

Italy is becoming a magnet for wealthy property investors thanks to its high quality of life and flat tax regime, and interest is also on the rise among mainland Chinese and Hong Kong buyers, according to property agents. Rome introduced a flat tax regime nine years ago to attract high-net-worth individuals, with foreign residents allowed to make a flat annual tax payment of €300,000 (US$342,000) on all their overseas income under the scheme’s latest rules. The tax incentive has become a draw...

The Asian Development Bank projects inflation across developing Asia-Pacific economies will stay above 2025 levels through 2027, driven by geopolitical conflicts, higher energy costs, and extreme weather. The September Asian Development Outlook update slightly lowered the 2026 inflation forecast to 4.2% while raising the 2027 projection to 3.5%. Conflicts affecting oil markets and an expected […]

TAT promoted Thailand's film strengths and tourism at TIFF 2026, highlighting diverse filming locations and enhancing international connections.

After two decades backing some of the world’s earliest artificial-intelligence companies, Liu Wei has moved from investor to builder. A longtime technology enthusiast, Wei spent 18 years as an early-stage investor, including as general partner of Legend Star Ventures and founding CEO of Baidu Ventures. He has invested in and incubated more than 400 early-stage technology companies worldwide, including more than 50 focused on AI for life sciences. Today, as co-founder and CEO of BioMap, he is...

Rainfall and flooding in Bangkok could disrupt travel. Airports are operational; travelers should monitor updates and allow extra time.

Last week, the president of the United States stood at the podium of the United Nations General Assembly and asked aloud whether he should “annihilate the Islamic Republic and do it quickly”. Donald Trump then turned to Venezuela’s oil and declared: “To the victor belong the spoils, you’ve all heard that …” He spoke as the Iran war neared its eighth month, a week after the UN Human Rights Council found “reasonable grounds to believe” that the US had committed war crimes. In the same speech,...