Political turmoil takes its toll on Hong Kong’s life insurance sectorInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year.... Read more
Eastspring sharpens Asia focus with a $500 bn AUM target by 2024International FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The investment giant’s recent acquisitions has established its presence in more than ten Asian markets... Read more
Saudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
Investors reportedly show interest to buy beleaguered Malaysia AirlinesInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
CapitalLand to merge two units to set up Asia-Pacific’s third largest ReitInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The merged entity to be known as CapitaLand Integrated Commercial Trust will have a market capitalisation of $12.4 bn... Read more
Singapore wealthtech Kristal.AI secures funding for expansionPritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The firm will expand its business in Asia as well as the Middle East after securing $6 mn... Read more
Overseas investors purchase RM321 million in Malaysian equitiesInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 MIDF Research said that offshore net buying activity rose to RM257.2 million on Friday, the biggest in a day since late May 2019... Read more
African tech companies invited to partner Britain-led growth schemeInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry... Read more
Microsoft, Alphabet divided on EU facial recognition banInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 Microsoft President Brad Smith cited that the technology is important as it can help NGOs find missing citizens... Read more
South Africa to restructure GDP data September onwardsInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 The start year for calculating GDP will be updated to 2015 from the existing year of 2010... Read more