Financial crisis

PM Lawrence Wong pays tribute to late ex-HK leader Tung Chee Hwa, ‘an old friend of Singapore’

Hong Kong’s first chief executive Tung Chee Hwa died on Sept 8 aged 89.

Cuba denounces ‘record’ economic damage from US embargo

Cuba’s Foreign Minister Bruno Rodriguez says the country is willing to continue engaging in dialogue ‘despite the lack of progress’ and ‘lack of willingness’ on the part of the US.

Iran raises price of petrol as US applies economic pressure

A woman crosses as motorists drive past an anti-US billboard at Enghelab Square in Tehran. Iran, a major oil producer with some of the world’s cheapest fuel, has for years heavily subsidised petrol.

War threatens Russian banking crisis, European intelligence report says

A flag flies above the headquarters of the Russian Central Bank on the day of a key rate-setting meeting in Moscow, Russia, April 24, 2026. REUTERS/Anastasia Barashkova

UN, strapped for cash, warns time running out to make payments

Long strapped for cash, the UN is still waiting for complete payments for its 2026 budget from its two biggest donors: Washington and Beijing.

Indonesia’s weakening markets and economy have a personality problem – Prabowo’s

Indonesian President Prabowo Subianto needs to assure markets that entrepreneurs and experts, not his old-boy herd, will control the commanding heights of the country's economy, says the writer.

Candidates for UN's top job urge its renewal and bolstering human rights

FILE PHOTO: Rafael Mariano Grossi, candidate for the position of the next Secretary-General, speaks during a dialogue with delegations while candidates for the position of new United Nations Secretary General are interviewed at U.N. headquarters in New York City, U.S., April 21, 2026. REUTERS/Eduardo Munoz/File Photo

Study warns biodiversity loss could trigger wave of debt crises

Ecosystems underpin the global economy through "ecosystem services" like crop pollination.

I built an AI trading platform in six days. That’s terrifying

AI coding agents can easily create trading platforms that once would have required the work of a well-funded fintech team of eight, says the writer.

Person Of The Moment

Mark Mobius, the eagle-eyed investment legend who bet on Asia before others did

To most, Mr Mark Mobius – the long-time chairman of Franklin Templeton’s Emerging Markets Group – remained something of an enigma. He died in Singapore, aged 89.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.