Business

Oil hits five-month high of $110 on new escalation in Middle East

Brent prices jump on reports that Saudi Arabia-led forces intercepted and destroyed missiles aimed at critical energy hubs

Ex-Malaysian minister Nik Nazmi admits lapse in judgment after ‘khalwat’ arrest

Former Malaysian minister Nik Nazmi Nik Ahmad has confirmed that he was one of two individuals detained by the Selangor Islamic Religious Department (Jais) over an alleged khalwat case. Nik Nazmi, who helms Parti Bersama Malaysia, said he was at a residence in Petaling Jaya on Thursday with a woman...

Major development banks step up support for critical minerals value chains

Hong Kong touts distinct features to set it apart from London in global gold hub push

Distinctive features will set Hong Kong apart from London, a major bullion hub, as the city accelerates efforts to develop an international gold and precious metals trading ecosystem covering the entire value chain, a minister has told the South China Morning Post. In an exclusive interview on...

Shunned in the West, Ye hands Indonesia a rare mega-tour coup

Taylor Swift and Lady Gaga each chose Singapore as their only Southeast Asian stop on recent world tours. Fellow American singer Olivia Rodrigo played Thailand and the Philippines, but likewise skipped Indonesia. Next weekend, however, Jakarta is finally getting the big international headline act...