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A Taiwan-dollar derivative that’s popular with the island’s largest life insurers is pointing to further gains for the currency, even after a surge of as much as 5% Monday to a three-year high.

The spread between the spot rate and one-year non-deliverable forwards on the Taiwan dollar-US dollar currency pair swelled to around 3,000 pips at one point on Monday, the widest level in at least two decades, according to data compiled by Bloomberg.

NEW YORK (Oct 28): In the race to develop the next generation of nuclear reactors, China is increasingly challenging the US and other countries for dominance, according to tech billionaire Bill Gates.

“Their fusion and fission work is very impressive,” the Microsoft Corp co-founder said of China’s nuclear innovation efforts. The country is investing more in fusion “than the rest of the world put together, times two,” he added.

(Oct 29): The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast.

The shift in thinking comes after the White House earlier contemplated a more expansive approach to auctioning offshore drilling rights, having drafted plans for potential sales up and down the US East Coast, according to people familiar with the matter who asked not to be named because they aren’t authorised to discuss the deliberations. 

Fortune’s most powerful woman in Asia for 2025 is Tan Su Shan, group CEO, DBS Group Holdings. Tan became CEO of DBS in March this year. She was previously the Deputy CEO and Group Head of Institutional Banking, and before that, Group Head of Consumer Banking and Wealth Management for close to a decade. She was also the President Commissioner for PT Bank DBS Indonesia from 2014 to 2024.

Next level refinement characterises the fourth generation Škoda Superb Combi “L&K”

Something is intriguing and cool about a well-designed station wagon (or wagon for short), especially one that is as sleek and chic as the Superb Combi.

If you are wondering, "Combi" is Škoda-speak for station wagon — a body style that is a leftfield, nudge-wink choice that evokes nods of approval from those in the know.

The global trade map is being redrawn, and Asean has a window of opportunity to not just adapt, but to lead. The decisions taken now will shape whether the region continues as a passive recipient of external shocks or emerges as an active shaper of its own economic destiny.  

Against this backdrop, Asean businesses are clear and vocal about what they need. Volatility is not new to the region — firms have navigated currency crises, trade disruptions, and shocks before — but the simultaneity and scale of today’s geoeconomic shifts have created a uniquely complex challenge. 

As part of the broader set of measures to improve the local market, the Singapore Exchange has launched two related indices to track the performance of the next 50 stocks outside the flagship 30-stock Straits Times Index, based on size and liquidity.

ComfortDelGro Corporation Limited (CDG) acquired all the remaining shares it does not already own in CityCab for $116.3 million on Sept 1 from ST Engineering's wholly-owned subsidiary.

In practice, most enterprises are choosing a hybrid approach: innovate quickly in the cloud, then bring insights and models into the mainframe for secure, real-time execution. 

Petra Goude, president of Strategic Markets, Kyndyl