Markets, business, and economic intelligence for Southeast Asia
SOUTHEAST ASIA EDITIONStocks, bonds, and the forces moving Southeast Asia's exchanges.
Indonesia's sovereign wealth fund Danantara says it will put $5 billion into domestic businesses over the next six to nine months, a show of support that lands just as a proposed MSCI index downgrade has knocked billions off Jakarta's stock market.
Tim ·
Thailand hosts the IMF and World Bank's annual meetings for the first time in more than three decades, drawing over 15,000 delegates to Bangkok the same week Anthropic opens a Singapore office and Japan's auto industry gathers outside Tokyo, a convergence that puts AI investment, monetary policy, and the region's growth outlook under one spotlight.
Tim ·
A global bond sell-off is intensifying, with Japan's benchmark yield climbing past 3.1 percent as investors brace for more monetary tightening across Asia. The pain is no longer confined to trading desks, average asking prices for existing condominiums in central Tokyo have now fallen for four straight months as borrowing costs bite into housing demand.
Tim ·
Sherman Lin, chair of the Taiwan Stock Exchange, has watched the TAIEX surge roughly 55 percent this year largely on the back of TSMC. Now he is pushing to widen the market beyond one dominant company, betting Taiwan has only a few years to convert its AI moment into something more durable.
Tim ·
China is rebuilding its oil inventories after pulling back sharply when the Iran war first broke out, according to a Nikkei Asia report, with renewed hostilities around the Strait of Hormuz now adding fresh upward pressure on prices. Imports have recovered from their post outbreak lows, though they remain below where they stood before the conflict began.
Tim ·
Combined IPO proceeds in Hong Kong and Shanghai have topped 54 billion dollars this year, powered by investor appetite for chipmakers and robotics firms rather than the old guard of Chinese tech listings. Shein's 1.7 billion dollar Hong Kong debut is only the headline act in a boom really being driven by AI.
Tim ·
