In one of the world’s most expensive cities, more workers are living paycheck to paycheck

Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain.  Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed.  “At the end of every month, when my salary…

Indonesia court sentences 2 men to 80 lashes each for what it decided was gay sex

An Islamic Shariah court in Indonesia’s conservative Aceh province on Monday sentenced two men to public caning 80 times each after Islamic religious police caught them engaged in what the court deemed were sexual acts. The trial at the Islamic Shariah District Court in Banda Aceh, the provincial capital, was held behind closed doors. Judges…

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following…

Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm

President Donald Trump on Tuesday said he reached a preliminary trade deal with Indonesia that will set a 19% tariff on the Southeast Asian country’s U.S. exports. “We will pay no tariffs. So they are giving us access into Indonesia, which we never had,” Trump told reporters outside the White House. “That’s probably the biggest…

Asia-Pacific markets mixed after Trump’s tariffs on Indonesia

Asia chip stocks continue to climb after U.S. lifts export curbs to China Chip stocks in Asia rose after artificial intelligence darling Nvidia said it would resume sales of its H20 AI general processing units to China “soon” following the U.S.’ reversal of export controls. TSMC, which manufactures Nvidia’s high-performance graphics processing units that help power large…

Jakarta, Beijing to bolster ties ahead of Asean summit – SUCH TV

Chinese Premier Li Qiang reaffirmed Beijing’s ties with Jakarta on Sunday during his visit to Indonesia ahead of a regional summit in Kuala Lumpur. Beijing and Jakarta are key economic allies, with Chinese companies pouring capital into extracting Indonesian natural resources in recent years, particularly in the nickel sector. But the two countries’ disputed claims…

Asia-Pacific markets fall, tracking declines on Wall Street

Emerging markets said to see the next bull run as the ‘sell U.S.’ narrative gains ground Emerging markets stocks are in the spotlight again as the “sell U.S.” narrative gains fresh momentum, following Moody’s recent downgrade of the U.S. credit rating. The Bank of America heralded emerging markets as “the next bull market” recently.  “Weaker…

Asia-Pacific markets mostly rise after Wall Street rally pauses

Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.61% to close at 37,298.98 after the country reported that exports slowed for a second straight month…