BlackRock and the Singapore Exchange (SGX) unveil its US$426 million climate action ETF in Asia
Singapore Exchange(SGX) and BlackRock, the global asset management leader, have jointly introduced an innovative climate action fund named the iShares MSCI Asia ex-Japan Climate Action [more…]
In August, Hong Kong received 4.1 million visitors, yet the number of arrivals remains lower than the figures recorded before the pandemic
Hong Kong, often described as a vibrant fusion of East and West, and renowned for its stunning skyline punctuated by towering skyscrapers, this Special Administrative [more…]
The European Central Bank increases key interest rates to a record high, suggesting it could be sufficient to address inflation while leaving the door open for possible future hikes
The European Central Bank (ECB) has raised interest rates by a quarter percentage point to a record high, marking its 10th consecutive rate hike, despite [more…]
Wholesale inflation in August increased by 0.7%, surpassing expectations
In August, the producer price index surged by a seasonally adjusted 0.7%, surpassing the anticipated 0.4% increase and marking the most significant monthly rise since [more…]
The U.S. is imposing sanctions on five Turkey-based firms as part of a broader action against over 100 targets accused of supporting Russia
On Thursday, a senior Treasury official said, the Biden administration plans to enact sanctions against five Turkish companies and an individual of Turkish nationality, alleging [more…]
Taiwan’s defence ministry alerts 68 Chinese military aircraft in its Air Defense Zone, and 10 Navy vessels
Taiwan reports 68 Chinese military aircraft and 10 navy vessels near the self-ruled island in a possible continuation of Shandong aircraft carrier-led training exercises. On [more…]
The BOJ faces a fresh challenge as Japan’s machinery orders remain lackluster, accompanied by another round of soft economic data
In July, Japan’s core machinery orders declined beyond initial expectations, reflecting the hesitation of manufacturers in the world’s third-largest economy to make new investments due [more…]
Howard Schultz, former Starbucks CEO, steps down from company’s board of directors
On Wednesday, Starbucks disclosed that Howard Schultz, its former long-serving CEO, will be stepping down from his board member position, yet he will continue to [more…]
MGM Resorts faces major disruption as cyberattack strikes multiple locations
A cyberattack has successfully penetrated the computer system of MGM Resorts, compelling the company to halt operations at approximately a dozen renowned casino hotels in [more…]
Flooding in Libya has caused the deaths of over 2,000 people, with another 10,000 feared missing
On Tuesday, Libya faced the grim prospect of approximately 10,000 individuals missing due to floods triggered by a massive storm, which led to dam breaches, [more…]