Dragon Year opportunities, challenges for businesses: Maybank fengshui report

Dragon Year opportunities, challenges for businesses: Maybank fengshui report

A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing … Read more

Indonesians are electing Jokowi’s successor

Indonesians are electing Jokowi’s successor

Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia’s Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election … Read more

China’s biggest problem is lack of confidence: Standard Chartered CEO

China’s biggest problem is lack of confidence: Standard Chartered CEO

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai’s World Governments Summit. “China’s biggest problem to me is a lack of confidence. External investors lack confidence in China and domestic … Read more

Treating China as ‘un-investable’ would be the wrong call: strategist

Treating China as ‘un-investable’ would be the wrong call: strategist

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC’s “Squawk … Read more

Japan’s stock markets are rallying. Will ‘zombie’ firms be a threat?

Japan’s stock markets are rallying. Will ‘zombie’ firms be a threat?

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

China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009

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

Crisis-hit Paytm in talks with top India officials after $2.5 billion market cap wipeout

Crisis-hit Paytm in talks with top India officials after .5 billion market cap wipeout

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 cuts executive pay on banking outages; posts record earnings in 2023

DBS cuts executive pay on banking outages; posts record earnings in 2023

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

Google says Singapore has ‘very high’ potential to be a global AI hub

Google says Singapore has ‘very high’ potential to be a global AI hub

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

Lawson faces privatization bid from KDDI

Lawson faces privatization bid from KDDI

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