Wong takes helm in Singapore, Japan economy data, Australia budget
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Asian news from Singapore
More subsea cables bypass China as Sino-U.S. tensions grow
TOKYO -- Growing geopolitical tensions between the U.S. and China have begun to affect the flow of global data due to an expected sharp fall in new undersea cables linking China with the rest of the world.
Weak yen sends central Tokyo condo resale prices soaring
TOKYO -- The prices of used condos in central Tokyo are soaring as foreign investors pile into the market, lured by the cheap yen's ability to make property in the Japanese capital look like a bargain despite decade-old units fetching three times what they originally sold for.
Singapore needs more foreign talent, but ‘social norms’ should be respected, outgoing PM Lee says
In the interview, he said that managing the “inherent tensions” between wanting social cohesion and bringing in immigrants is the “most difficult” issue he has had to deal with.
From Singapore to Malaysia, in Asia’s work-from-home tug of war, have Gen Z got the upper hand?
This is a generation of employees who are determined to regain control of their own time and cement a revolution in the way work is done – even as they must sacrifice the security of a job for life that previous generations enjoyed.
ASEAN banks grapple with uncertain U.S. Fed interest rate cuts
SINGAPORE -- Banks in the Association of Southeast Asian Nations are grappling with uncertainty over their loan books as evidence of persistent inflation leads central banks to refrain from slashing interest rates, increasing pressure in the financing business.
Are US-China ties in ‘challenging environment’ the biggest test for Singapore’s next PM Lawrence Wong?
Wong, currently deputy prime minister, shed light on his governance style in an interview with The Economist on Monday, reaffirming a “pro-Singapore” approach that was neither “pro-China” nor “pro-US”.
‘I’m Singaporean, not Chinese’: TikTok video sparks debate over shunning of ‘roots’
A widely shared TikTok clip by a user claiming to show some Singaporeans’ distaste at being labelled Chinese has sparked an online debate on whether residents of the city state have shunned their ancestral roots, while others warn against conflating the two identities.