TOKYO, JAPAN – SEPTEMBER 03: Zombies perform on the red carpet for the ‘Resident Evil: Retribution’ World Premiere at Roppongi Hills on September 3, 2012 in Tokyo, Japan. Adam Pretty | Getty Images Entertainment | Getty Images Japan’s stock markets have been on a stellar run since the start of 2023, repeatedly breaching 33-year highs … Read more
People shop for Spring Festival ornaments at a market in Zixing city, Central China’s Hunan province, Feb 4, 2024. CFOTO | Future Publishing | Getty Images China’s producer prices declined for a 16th month in January, while consumer prices saw their biggest drop since 2009 — underscoring the depth of the challenge that Beijing faces … Read more
A man exercises in a gym near a barcode for Paytm, an Indian cellphone-based digital payment platform, in New Delhi on November 18, 2021. Sajjad Hussain | AFP | Getty Images Financial technology firm Paytm has been in discussions with the upper echelons of the Indian government this week, as it tries to reverse a … Read more
DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in 2023, but cut compensation for its senior management to “hold them accountable” for a number of digital disruptions that year. Chief Executive Piyush Gupta received … Read more
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images SINGAPORE — Singapore has “very high” potential as a global AI hub — thanks in part to an environment that fosters innovation, a Google … Read more
A customer exits a Lawson Inc. convenience store in Tokyo, Japan, on Tuesday, Oct. 6, 2020. Bloomberg | Bloomberg | Getty Images Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would see conglomerate Mitsubishi and mobile carrier KDDI jointly manage the convenience store chain, … Read more
The kingdom of Bhutan is planning a “mindfulness city” that, if built, will cover some 2.5% of the country — an area larger than Singapore. Plans show the 1,000-square-kilometer city will be built near the town of Gelephu, along Bhutan’s southern border with India. “Gelephu Mindfulness City,” as it’s called in the project’s masterplan, will … Read more
Investors pay attention to the stock market at a securities business hall in Fuyang city, East China’s Anhui province, Dec 29, 2023. CFOTO | Future Publishing | Getty Images Chinese financial authorities have been striving to prop up the country’s stocks through various measures, including steps aimed at increasing the liquidity in the market, warnings … Read more
A restaurant advertises the use of the Paytm digital payment system in Mumbai, India, on Saturday, July 17, 2021. Dhiraj Singh | Bloomberg | Getty Images India’s digital payments app Paytm rose as much as 8% on Tuesday, rebounding from a heavy selloff that wiped off about $2.5 billion in market value in the last … Read more
Shares of Mitsui Fudosan surged to an all-time high on Monday after a report said U.S. activist investment firm Elliott Management had demanded the company launch a massive stock buyback program. Japan’s largest property developer jumped as much as 11.8% in early afternoon trading to hit a record 4,100 yen. The Financial Times reported that Elliott Management had … Read more
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