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‘Incredibly disappointing’: Snowy 2.0 cost blows out to $25b in biggest setback yet
The cost of the Commonwealth government’s Snowy 2.0 mega-project has exploded from an estimated $6 billion to $25 billion.
Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report
Singapore has the highest mutual fund ownership rate in Asia, even as a large share of assets remains in deposits
Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report
Singapore has the highest mutual fund ownership rate in Asia, even as a large share of assets remains in deposits
Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation
The move is BSP’s fourth straight increase; it lifts 2027 inflation forecast to 6% from 5.4% on oil and El Nino risks
Barclays to cut 5,000 jobs in AI-fuelled push to lower costs
It cut about 1,000 jobs in the first six months of this year, with the remaining due before the end of 2026
Singapore dollar gains on yen as carry funder: analysts
A combination of cheap funding and low currency volatility is burnishing the Singapore dollar’s appeal for investors
ASX needs to bolster tech before shortening trade settlement, experts say
The exchange considered shorter trading settlements in 2024 but plans were put on hold
ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs
The Australian sharemarket declined on Thursday, as shares in furniture retailer Nick Scali plummeted after a profit warning.
Indonesian stocks with high shareholding concentrations to be excluded from index starting Nov 2
There are 80 stocks on the high shareholding concentration list
If you feel like everything’s falling apart, you’re probably right
Trump’s erratic White House, Putin’s aggression, China’s mercantilism, globe-affecting wars, rising debt levels and skyrocketing costs of living – it’s one toxic global cocktail.