Singapore

Rescuers work at the site of a Ukrainian mall in the Poltava region on June 28 after the shopping center was hit by a Russian missile strike.
Ukraine war

U.S. accuses 5 firms in China of supporting Russia's military

Washington also adds companies from Singapore, Vietnam to trade blacklist

29 June 2022
As of June 22, MSCI AC Asia ex-Japan index -- a gauge of the region's most-tracked stocks outside of Japan -- had dropped around 18% this year compared to the last six months of 2021 -- the biggest half-year decline since late 2011.
Market Spotlight

Inflation, supply chain disruptions dampen Asian stocks

Interest hikes in emerging markets create uncertainties this year

27 June 2022
The startup began the service so people can enjoy a curated selection of sake straight from Niigata at their dinner tables. (Photo courtesy of FARM8)
Food & Beverage

Japan sake subscription service expands to Hong Kong, Singapore

Farm8's $30-a-month box sends 3 pouches, promoted by Docomo

25 June 2022
GlobalFoundries CEO Tom Caulfield says demand for the chips his company makes will continue to outstrip capacity to the extent that "we'll be investing for the better part of the next decade." (Source photos by GlobalFoundries)
Semiconductors

GlobalFoundries to decide on further investments by end of year

U.S. chipmaker will 'continue to chase capacity,' CEO Tom Caulfield says

24 June 2022
Fried fillets made from Avant's lab-grown fish. The company is looking to expand its business.
22 June 2022
Shanghai's STAR Market has risen as the world's busiest IPO market. (Source photos by Reuters and Tetsuya Kitayama)
Market Spotlight

Asia takes lead even as global IPO market contracts

Companies shelve listing plans amid Ukraine war and monetary tightening

20 June 2022
Chinese professionals and their families are flocking to Singapore. (Photo by Fumito Akiyama)
Caixin

Why relocating Chinese see Singapore as a safe haven

City-state's flexible immigration, stable economy lure people from mainland China

19 June 2022
An electronic board displays Japan's Nikkei index outside a brokerage in Tokyo on June 14. (Photo by Yo Inoue)
Markets

Asian markets slide as investors fear U.S. interest rate hike

Soaring inflation forces benchmark indexes across the region to retreat

14 June 2022
Sources say that Shopee has stopped hiring as the company continues to lose money.
DealStreetAsia

Sea's e-commerce arm Shopee to cut staff across Southeast Asia

Startup faces headwinds as rising inflation weakens consumption

14 June 2022
Many hedge funds would move to Tokyo, left, from Hong Kong if Japan's tax system was not so burdensome. (Source photos by Kai Fujii and Kenji Kawase)
Markets

Tokyo 'financial hub plan' fails to lure funds leaving Hong Kong

Japan's weak tax reform results in missed opportunity

13 June 2022
Funding Societies CEO and co-founder Kelvin Teo says he would be happy to see a well-regulated fintech sector in Southeast Asia. (File photo by Shinya Sawai)
Technology

Singapore fintech learns from debt blowup of China, Greensill

After crowdfunding scams and meltdowns, Softbank-backed startup welcomes regulation

13 June 2022
A U.S. guided-missile destroyer conducts operations in the South China Sea in January 2022. China accuses Washington of meddling in the waterway.
South China Sea

South China Sea stirs fears of Black Sea rerun as Shangri-La ends

Superpowers spar over waterway at Singapore summit; Malaysia warns of 'deadliest' war

12 June 2022
China's Defense Minister Gen. Wei Fenghe speaks at the Shangri-La Dialogue in Singapore on June 12.
US-China tensions

China's Wei slams U.S. 'smears,' Taiwan independence 'delusion'

Defense chief tells Shangri-La crowd that Biden's Indo-Pacific strategy creates conflict

12 June 2022
The defense chiefs from Japan, U.S. and South Korea met for the first time in two and a half years.  (Photo courtesy of Japan's Ministry of Defense)
Indo-Pacific

Japan, South Korea, U.S. to resume joint defense drills

Move comes after a flurry of North Korea missile launches

12 June 2022
Malaysian Defense Minister Hishammuddin Hussein speaks during a panel at the Shangri-La Dialogue in Singapore on June 11. 
Indo-Pacific

Ukraine spillover dominates discussion at Singapore security summit

After 2-year hiatus, Shangri-La Dialogue returns with a bang

11 June 2022
U.S. Defense Secretary Lloyd Austin speaks during a plenary session at the 19th International Institute for Strategic Studies Shangri-La Dialogue in Singapore on June 11.
US-China tensions

U.S. policy on Taiwan hasn't changed, but China's has: Austin

Defense chief rules out 'Asian NATO;' warns of Beijing's 'growing coercion'

11 June 2022
Japanese Prime Minister Fumio Kishida delivers the keynote address at the opening dinner of the 19th Shangri-La Dialogue in Singapore, on June 10.
Indo-Pacific

Transcript: Japan PM Kishida's speech at Shangri-La Dialogue

Leader pledges to step up defense spending as part of 'realism diplomacy for a new era'

11 June 2022
U.S. Secretary of Defense Lloyd Austin, left, and Chinese Defense Minister Wei Fenghe hold talks in Singapore on June 10. (Photo courtesy of U.S. Department of Defense)
International relations

China, U.S. defense chiefs discuss 'managing' rivalry in Singapore

Two sides reiterate Taiwan stances as closely watched Shangri-La Dialogue opens

10 June 2022
Japanese Prime Minister Fumio Kishida delivers the keynote speech to the Shangri-La Dialogue in Singapore on June 10.
Indo-Pacific

Kishida: Japan to 'fundamentally' strengthen defense in 5 years

At Shangri-La Dialogue, PM vows $2bn in Indo-Pacific aid for 'new era' of realism

10 June 2022
Stream article image
#techAsia

Supply chain stability and greener ride hailing

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

10 June 2022
Grab will license data it collects from partner drivers and users to tech companies, logistics services and telcos. (Source photos by Ken Kobayashi and Grab)
Startups

Singapore's Grab takes on Google in digital mapping

Diversifying Southeast Asian super app group markets its 'hyperlocal' data

8 June 2022
The Glasgow Financial Alliance for Net Zero said at last year's COP26 climate summit that its members could deliver $100 trillion in financing for achieving net-zero emissions. (Photo by Yasuo Takeuchi)
Climate Change

Climate finance alliance launches Asia network to promote investment

GFANZ seeks to extend reach in coal-dependent region with Singapore office

8 June 2022
ONE's Jeremy Nixon, left, and DHL's Tim Scharwath do not expect international trade to normalize for some time. (Source photo by Takashi Nakano and courtesy of DHL Global Forwarding)
Supply Chain

China lockdowns to keep freight rates elevated, logistics bosses say

DHL and Ocean Network Express CEOs identify pain points in world trade

7 June 2022
Temasek has committed SG$5 billion ($3.6 billion) to establish GenZero, a decarbonization investment platform focusing on technology-based solutions, nature-based solutions and carbon-ecosystem enablers.
DealStreetAsia

Singapore's Temasek commits $3.6b to new decarbonization vehicle

Investment platform GenZero looks to catalyze solutions that reduce emissions

7 June 2022
Singaporean bank DBS has successfully staged a shift to digital banking. (Photo courtesy of DBS Group Holdings)
Technology

Singapore's DBS 'nudges' its way to digital banking summit with AI

Smart alerts and aggressive transformation pave way to record profits

7 June 2022