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UniCredit CEO Warns Digital Euro Could Hurt Bank Liquidity
UniCredit CEO Andrea Orcel warns the digital euro may drain retail deposits, undermining banks' cheapest funding source, while engaging with the ECB to mitigate impact.
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PNC Bank Sued Over $390,000 Elder Gold Coin Scam
A New Jersey retiree lost $390,000 in a sophisticated scam; PNC Bank and a precious metals dealer are accused of failing to intervene.
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Thailand’s $88B Pension Fund Breaches Risk Threshold Amid Market Turmoil
Thailand's Social Security Office pension fund breached its 8% value-at-risk limit amid Middle East-driven selloffs, exposing structural vulnerabilities and urgent reform needs.
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Singapore COE Premiums Surge Across All Categories to Multi-Month Highs
Certificate of Entitlement premiums rose sharply in Singapore’s latest bidding exercise, with Category A hitting S$111,890 - its highest since October 2025. Acting Transport Minister Jeffrey Siow confirms imminent COE categorisation review.
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Six Grocery Chains Beat Walmart on Price, Study Finds
A Consumer Reports study reveals Costco, BJ’s, Lidl, Aldi, WinCo, and H-E-B all undercut Walmart’s grocery prices-by as much as 21.4%.
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S$8 Billion Penny Stock Scam Duo Fail Appeal
Singapore Court of Appeal dismisses appeals by John Soh and Quah Su-Ling in 2013 market manipulation case that erased S$8 billion from SGX.
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Von der Leyen Defends EU Carbon Market Amid Energy Price Crisis
European Commission President Ursula von der Leyen resists scrapping the ETS carbon pricing system, urging member states to cut energy taxes instead while planning reforms to stabilize prices and sustain decarbonization goals.
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ComfortDelGro Adds Temporary App Fee to Offset Soaring Fuel Costs
Singapore’s largest taxi operator introduces driver fees on app bookings and metered fare hikes to support drivers amid Middle East-driven fuel price surges.