FeaturedMarketsOverseas investors purchase RM321 million in Malaysian equitiesBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 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
BrokerageFeaturedGoldman’s workforce expansion in China is part of five-year strategy planBharath KumarJanuary 14, 2020March 18, 2020 by Bharath KumarJanuary 14, 2020March 18, 2020 The headcount will increase by 600 employees in Goldman Sach’s mainland operations... Read more
TelecomChina Broadcasting Network licenced to deploy 5G in 16 citiesBharath KumarJanuary 9, 2020 by Bharath KumarJanuary 9, 2020 The telecom operator plans to have a nationwide coverage by 2021... Read more
Logistics and CargoJapan logistics giant Sagawa to acquire China’s RunbowInternational Finance DeskDecember 23, 2019 by International Finance DeskDecember 23, 2019 The acquisition comes in an effort to explore China’s growing demand for shipping business... Read more
FintechAnt Financial acquires ‘significant’ stake in Vietnam’s eMonkeyPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam... Read more
Asset ManagementBlackrock, Temasek to establish China asset management JVInternational Finance DeskDecember 20, 2019January 24, 2020 by International Finance DeskDecember 20, 2019January 24, 2020 Both companies will create and distribute development products for the Chinese market... Read more
EconomyAfter phase-one deal, China suspends tariffs on US goodsPritam BordoloiDecember 16, 2019 by Pritam BordoloiDecember 16, 2019 The tariffs levied were on corn and US-made cars and auto parts... Read more
EnergyChina’s State Grid buys 49% stake in Oman electricity UtilityPritam BordoloiDecember 16, 2019January 24, 2020 by Pritam BordoloiDecember 16, 2019January 24, 2020 State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission... Read more
FintechAlibaba-backed WeLab secures $156 mn funding to invest in R&DPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank... Read more
EconomyAmid trade war, Trump approves phase-one US-China trade dealPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The US president also decided to wave off US tariffs on $160 bn of Chinese consumer goods... Read more