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China and Singapore should work together to safeguard global supply chains, Chinese Premier Li Qiang said on Monday as Beijing seeks deeper ties with neighbouring countries to help offset trade tensions with Washington.In talks with Singaporean Prime Minister Lawrence Wong at the Great Hall of the People in Beijing, Li said bilateral ties had continued to strengthen, and the two countries were “friendly neighbours and important partners”.“China is willing to maintain close high-level exchanges with Singapore, strengthen strategic communication, consolidate political mutual trust, and promote more fruitful results in bilateral relations and cooperation,” he said, according to state broadcaster CCTV.“As…

KUALA LUMPUR (June 23): Malaysian stocks rebounded from early losses on Monday, bucking a broad decline in Asian markets, thanks to gains of heavyweight banks while energy stocks rallied amid a surge in oil prices.The benchmark FBM KLCI opened nearly 10 points lower, before falling to as low as 1,488.89 points, its lowest since April 22. The index then rebounded to a high of 1,509.77 points before pausing for midday break at 1,509.55 points, marking a 0.5% gain from Friday. The index closed at 1,516.61 points, marking a 0.92% gain for the day.Energy and financial services were the only two sectoral…

Sahara AI (SAHARA), a new crypto project focused on decentralized artificial intelligence, saw a massive price rally after Binance announced its listing on Binance Alpha. According to the announcement, trading begins on June 26, but the exact time will be announced later.SAHARA to start trading soon on Binance Alpha | Source: XThe token rallied by over 40,300% against USD within hours and over 10,000% against BNB. On PancakeSwap v2, SAHARA went as high as $0.04754 from a low of just $0.00007079 in just an hour. In BNB terms, it reached 0.000046 WBNB with a 24-hour trading volume of over $60.23…

Small businesses represent 90% of global industry and generate nearly half of worldwide GDP, yet … More many entrepreneurs are missing out on AI tools that could revolutionize their operations.Adobe Stock Small businesses aren’t really so small; in fact, they make up around 90 percent of industry and generate close to 50 percent of global GDP. This means that while superscale giants like Amazon and Google may make headlines developing and selling AI tools, it’s often the global network of innovators, entrepreneurs and dreamers running small businesses that will create real value with these tools. If that’s you, then AI…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | ReutersStocks rose and crude prices tumbled Monday as investors breathed a sigh of relief that Iran’s response to the U.S. attacks over the weekend was more restrained than expected.The Dow Jones Industrial Average added 374.96 points, or 0.89%, ending at 42,581.78. The S&P 500 gained 0.96% and closed at 6,025.17, while the Nasdaq Composite climbed 0.94% and settled at 19,630.97.Iran’s armed forces said Monday they attacked an American base in Qatar after the U.S. hit Iranian nuclear…

Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US tariffs. Six months in, they couldn’t have been more wrong.Blame it on the breakthrough by DeepSeek in artificial intelligence (AI) that suddenly turned the tide in favour of Chinese shares listed in Hong Kong. With persistent economic woes battering the onshore market, the Hang Seng China Enterprises Index has beaten the CSI 300 Index by nearly 20 percentage points so far in 2025, heading for the biggest annual outperformance in two decades.Strategists at Julius Baer and Morgan Stanley…

Stay informed with free updatesSimply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox.Bond giant Pimco has been buying long-term Japanese government debt to take advantage of what its global fixed income chief Andrew Balls called a “dislocation” in the market.Japanese government bonds have been hit hard in recent months as a resurgence in inflation and a decline in demand from traditional domestic buyers transforms the market. That has taken yields on long-dated debt to record levels and prompted authorities to consider measures to support bond prices.“When you look at the Japanese curve, it looks…

After another strong play for its all-time high in the past week, the price of Bitcoin has struggled to build on its recent bullish momentum. Over the last few days, the premier cryptocurrency has been specifically slow and lethargic.On Friday, June 20, the Bitcoin price took a severe hit — together with the rest of the crypto market — and fell briefly beneath the $103,000 mark. However, the latest market data suggests that the price of BTC might enjoy some stability after the recent round of long liquidations.BTC Gearing For A Run Of ‘Healthier Price Action’: AnalystIn a Quicktake post…

A man, whose parents were kidnapped after he took part in a US$245 million Bitcoin theft, has pleaded guilty to fraud and money laundering conspiracy charges and has agreed to testify against his co-defendants, including Singaporean Malone Lam, according to court documents that were unsealed earlier this week. Veer Chetal, 19, was one of three men, along with American Jeandiel Serrano and Lam, charged with stealing 4,100 bitcoins from a victim in Washington, DC, in an elaborate online scam last August. The trio lived large after the heist, spending millions of dollars on cars, jewellery, rental mansions and nightclub parties, prosecutors…

According to the latest data from Coinglass, traders are heavily favoring long positions for Solana, indicating growing optimism in the market.The long/short ratio for SOLUSDT on Binance is 3.07, meaning that for every trader betting on a decline, there are more than three traders betting on a price increase. The ratio is even higher on OKX, reaching 3.62.This marks growing confidence among both retail and institutional participants. Based on accounts, the long/short ratio is 2.89, and based on positions, it stands at 1.96.Overall, the 24-hour long/short ratio is 0.95, showing a near-parity between long and short positions. However, exchange-specific data…