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Japan shifts focus to oil in unorthodox scramble to talk up yen

Revolut to base 40% of its global workforce in India by 2026

Hong Kong plans tax cuts for asset managers, FT reports

Bank of Korea flags financial stability risks as Iran war fallout persists

Citigroup top Asia banker Jan Metzger leaves for role at Standard Chartered

Markets

Citigroup top Asia banker Jan Metzger leaves for role at Standard Chartered

The banker is stepping into a bank with an underwhelming investment banking franchise

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Markets

Singapore manufacturers urged to expand into Batam, Bintan and Karimun amid Indonesia’s industrial push

Indonesia is developing more industrial parks to support manufacturing activities, while improving port connectivity between the two countries.

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Philippines launches $333 million fund to boost fuel security

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Citi’s co-head of Asia investment banking Metzger departs, Bloomberg News reports

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Citi’s co-head of Asia investment banking Metzger joins StanChart

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Nanya Technology shares surge 10% after $2.5 billion fundraising

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Markets

Nanya Technology shares surge 10% after $2.5 billion fundraising

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Jefferies profit rises on dealmaking but misses estimates from losses on First Brands, MFS

The firm has offices in the United Arab Emirates, Saudi Arabia, and Israel

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US oil prices rise as investors assess Middle East de-escalation

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Markets

Oil prices climb, Asian stocks mixed as investors reassess Middle East ceasefire prospects

"While the headline flow points to a more constructive tone, markets remain unsure which signals to trust and act upon," said an analyst.

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