A US Secret Service agent stands guard as a street is blocked near the White House after gunshots were heard nearby, in Washington, DC, on May 23.

Suspect ‘down’ after shooting at officers near White House, official says

A MAN was shot by US Secret Service agents near the White House on Saturday (May 23) after he opened fire with a handgun, according to a person familiar with the matter.

Singapore can gain from China’s growing markets, must ‘embrace’ AI as the Chinese have: SM Lee

SM Lee Hsien Loong says that there will be opportunities for Singapore to do business, treating China as a market for its exports.

Everyone in the city-state has to learn to adopt artificial intelligence, he adds

Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives

Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22.

President Trump promises ‘full support’ of administration

Retail overload: KL and JB set to flood Malaysia’s already overstuffed mall scene

Central Kuala Lumpur’s retail squeeze is about to get livelier, with about 1.3 million sq ft of new mall space coming onstream.

Some 34 complexes are in the pipeline, mostly in the country’s key urban and cross-border retail hubs

UAE left Opec to pump more as end of oil era looms, presidential adviser says

The decision can have a major impact on the organisation’s control over supplies when oil flows normalise

What the furore over ‘lower-value human capital’ reveals about AI and the future of banking

Standard Chartered Bank is among the first major global banks to explicitly link planned job cuts to AI adoption.

Lenders are learning that the artificial intelligence transition requires more than charting productivity gains

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Singapore

The Leadership Playbook

The Singaporean turning Vietnam's Techcombank into an AI-first lender

Santhosh Mahendiran believes that Techcombank's ability to hyper-personalise its offerings using data drawn from its ecosystem is a key competitive advantage.

The private bank’s first-ever chief data officer bets on cross-ecosystem data sets, proprietary AI models

The cybersecurity boss who never uses airport Wi-Fi: ITSEC Asia CEO on risk and the weakest link

Patrick Dannacher, president director and CEO of ITSEC Asia, says: “Indonesia’s digital economy is growing very fast, but spending on cybersecurity still lags far behind countries like Singapore.”

Avoiding public Wi-Fi reflects CEO Patrick Dannacher’s risk discipline and how he shaped ITSEC Asia

‘In hospitals, even cleaners are critical’: IHH Group CEO says leadership starts with the people no one sees

Group CEO of IHH Healthcare Dr Nair says: "In a hospital, even cleaners are critical – without them, the system simply cannot function."

Every role matters – empathy, not strategy alone, determines success, says group CEO

Grab's co-founder and CEO Anthony Tan is BT's Singapore Business Awards' Businessman of the Year for 2026.

Grab hitches a ride on the AI wave as CEO Anthony Tan steers company into next phase of growth

The South-east Asian superapp has long invested in technology, believing it to be essential for growth

Asean

Vietnam is set to be upgraded to secondary emerging market status later this year, which could pull billions of dollars into its stock market.

Who would buy Vietnam’s state-owned stakes – when Hanoi is ready to sell?

Takers could include patient investors seeking exposure to the country’s economic rise

The peso has lost about 4.6% of its value against the US dollar, breaching the 60-peso level, according to LSEG data.

Philippine central bank governor says it is considering off-cycle rate hike

Spiralling fuel costs have raised concerns that pump prices could trigger hikes in other consumer goods

The Malaysian authorities consider online gambling, scams and content related to race, religion and royalty as harmful.

Malaysia to introduce new rules to protect youth on online platforms

The measures require service providers to limit account registration and ownership by users under 16 years old

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International

China Securities Regulatory Commission officials say the measures are designed to clean up the capital market environment and steer investors toward regulated channels for overseas investment.

China cracks down on illegal cross-border securities trading

An estimated US$1.04 trillion of so-called hot money flowed out of the country in 2025

StanChart CEO apologises for ‘lower-value’ comments after outcry

Standard Chartered CEO Bill Winters wrote in a LinkedIn post on Friday that he recognised his “choice of words” has “caused upset to some colleagues.” 

The CEO’s remarks drew condemnation on social media and across Asia

India’s central bank approves record 2.87 trillion rupee dividend to government

The Reserve Bank of India's balance sheet expanded by 20.6% to 92 trillion rupees as at Mar 31.

The lower-than-expected dividend is likely to hurt bond markets, which expect the budget deficit to rise