Singapore plans to allocate S$1.1 billion (US$856 million or RM3.63 billion) to three asset managers, including JP Morgan Asset Management, as part of a broader effort to enhance liquidity and expand investor participation in the local stock market.
US Commerce Secretary Howard Lutnick said on Sunday that he was confident that the United States can secure a trade deal with the European Union (EU), but Aug 1 is a hard deadline for tariffs to kick in.
When car maker Mazda sneezes, everyone catches a cold, say people in its hometown of Hiroshima in western Japan, but these days, auto parts maker Yuji Yamaguchi fears a deep chill is on the way.
Malaysia’s exports unexpectedly shrank in June amid a sharp decline in shipments of oil and gas products as well as lower deliveries to China, official data on Friday showed.
Malaysia’s economy expanded at a faster-than-expected clip in the second quarter from a year earlier, thanks to resilient consumer demand offsetting weaker exports, official flash estimates showed.
Japan's core inflation slowed in June but stayed above the central bank's 2% target for well over three years, highlighting lingering price pressures that back market expectations for further interest rate rises.