Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.

Chinese leader Xi Jinping thanked visiting Prime Minister Shehbaz Sharif for Pakistan’s work in mediating talks between the US and Iran — underscoring Beijing’s push to end the war.

Google Cloud’s new accelerator will take 25 Southeast Asian AI start-ups through Singapore and Silicon Valley, giving them access to its AI tools, engineers and investor networks.

Higher imports of capital goods and raw materials, along with soaring oil and gas prices, pushed Thailand’s trade deficit to its widest level on record dating back to 1991.

Shares in Delivery Hero SE surged above a €10 billion takeover offer by Uber Technologies Inc as investors bet that a higher price will be required to close a deal.

The Sri Lankan rupee is set to recover from its slide by the end of this year as oil prices are set to decline and as the central bank raises interest rates, according to BMI.

SoftBank Group Corp shares climbed to a record high, spurred by hopes of big returns from the Japanese investor’s stakes in OpenAI and SB Energy Corp, should the two go public.

A Chinese online brokerage tycoon lost more than a quarter of his fortune in a single day after Beijing cracked down on cross-border stock trading to tighten control over capital outflows.

China’s latest crackdown on cross-border stock trading aimed at tightening control over capital outflows may affect as much as HK$250 billion of assets in Hong Kong, according to Citic Securities.

Tankers loaded with LNG appear to have crossed the Strait of Hormuz in recent days, as suppliers in Qatar and the UAE try to get fuel out to key buyers despite near-total closure.

Internet Inc’s chief said the company may need to hike its capital spending by nearly seven times its initial plan to keep up with artificial intelligence (AI) demand in Japan.

Singapore said its economic outlook for this year has weakened as the energy crunch from the Middle East conflict weighs on global growth, flagging longer-term macro risks.