Currencies

Stocks dip after US-Iran peace talks delay; yen nears 40-year lows

The MSCI All-World index was down 0.14 per cent, after US Vice-President J.D. Vance pulled out of a meeting with Iranian negotiators.

Indonesia central bank raises policy rates again to support rupiah

The central bank has now hiked its policy rates by a total of 100 basis points in three moves over the past four weeks.

Japan vows to act ‘any time’ on yen after currency slides on Fed rate hike bets

The yen has wiped out gains made after Tokyo’s last intervention on April 30.

News analysis

Hormuz reopening will offer relief for Asia, but economic scars will remain

Asia’s heavy reliance on energy and other commodities that move through the Strait of Hormuz means impact of disruptions likely to linger through the end of 2026.

Asia stock markets cheer Iran deal, wait to see oil start flowing; STI up 1.3%

Japan’s Nikkei share index soared 4.4 per cent as at 8.35am Singapore time, while Australia’s S&P/ASX 200 rose 1.3 per cent.

In Good Company

For MetaComp’s Bo Bai, ‘Know Your Agent’ is the mantra in the age of agentic AI

Dr Bo Bai is CEO, executive chairman and chief product officer of MetaComp.

Traders are most positive on US dollar since February 2025

A worker counts US dollar banknotes at a currency exchange office in Jakarta, Indonesia, on June 8, 2026. Indonesia’s finance and central bank officials said over the weekend they will boost efforts to stabilise the currency and attract inflows after the nation’s stocks tumbled at the fastest pace worldwide last week. Photographer: Dimas Ardian/Bloomberg

Travelling soon? Find out where the Singapore dollar stretches the furthest in Asia

The Singapore dollar’s purchasing power has grown in several regional markets.

Rupiah recovers against Sing$, but analysts say relief may be short-lived

The rupiah, which sank to an all-time low of about 14,135 per Singdollar on June 9, strengthened to around 13,950 per Singdollar on June 11.

Indonesia’s weakening markets and economy have a personality problem – Prabowo’s

Indonesian President Prabowo Subianto needs to assure markets that entrepreneurs and experts, not his old-boy herd, will control the commanding heights of the country's economy, says the writer.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.