12/27/2018
To improve net wealth productivity, the report calls for improving production efficiency for non-financial firms, cutting inefficient investment and shifting away from investment-led growth model.
12/26/2018
Mukesh Ambani, the multi-billionaire business magnate, became the richest person in Asia in calendar year 2018 surpassing Jack Ma, Chairman of Alibaba Group.
12/26/2018
The famously frugal actor reveals he will give away his fortune, reported to be HK$5.6bn (£565m), after he dies.
12/26/2018
MYOB said in a statement it would now recommend the offer, given a 10% drop in the Australian equity market since KKR first made a higher indicative bid in October, and the cost of a company restructure still underway.
12/23/2018
The People's Bank of China, the country's central bank, may lower the interest rates for open market operations, the CICC said.
12/23/2018
“Foreign investors bought South Korean bonds this year looking at the nation’s high credit rating and current-account surplus,” said Kim Sanghoon, a fixed-income strategist at KB Securities Co. “These will not change in the new yea
12/23/2018
"There are quality opportunities because everything has widened out, and we don't have to take as much risk," said Elisabeth Colleran, a portfolio manager on emerging market debt at Loomis, Sayles & Co. "The valuations and the fund
12/21/2018
The targets for the new initiative include e-commerce firms, mobile payment service providers and ride-hailing companies – from China’s Ant Financial and Grab in Southeast Asia to PayTM and Flipkart in India, said senior bankers and consultant
12/21/2018
Across Asia, companies raised a total of $109 billion in IPOs, up 27 percent from 2017, Refinitiv data showed, much of it driven by China whose companies accounted for almost a third of global issuers.
12/21/2018
“Difficult stock market conditions this year and the uncertainty of the trade tensions likely have been a challenge to many businesses,” said Philip Wyatt, a Hong Kong-based economist for UBS Group AG, who doesn’t see the downdraft conti