Southeast Asia markets are poised for a comeback with valuations at ‘bargain basement,’ Maybank says

Southeast Asia markets are poised for a comeback with valuations at ‘bargain basement,’ Maybank says

A woman (R) adjusts the Philippines flag before the 51st Association of Southeast Asian Nations (ASEAN)- Republic of Korea Ministerial Meeting in Singapore on August 3, 2018. Mohd Rasfan | Afp | Getty Images Southeast Asia markets could see a turnaround in 2024 on the back of cheap valuations and potentially high economic growth, after … Read more

China’s working age population is shrinking

China’s working age population is shrinking

Many Meituan food delivery workers are lining up to make preparations in Shanghai, China, on January 14, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China’s working age population is shrinking as a share of the total number of people in the country, according to official data released … Read more

Lenovo bets Motorola will be the third-biggest smartphone player in 3 years

Lenovo bets Motorola will be the third-biggest smartphone player in 3 years

A Motorola Razr Flip Smartphone kept at dispay at the launch event of the new Motorola Flip Smartphones, Motorola Razr 40 and Motorola Razr 40 Ultra, in New Delhi, India. Kabir Jhangiani | Nurphoto | Getty Images DAVOS, Switzerland — Motorola will likely be the third-biggest smartphone player in the world in three years, according … Read more

Goldman Sachs predicts 100 million Indians will earn $10,000 by 2027

Goldman Sachs predicts 100 million Indians will earn ,000 by 2027

The increase in wealth has been seen from stronger retail participation, larger investments into the Indian stock markets, and gold and property purchases. Sopa Images | Lightrocket | Getty Images Rising disposable incomes are set to power India’s consumption story, further boosting the country’s consumer sector that is fast becoming a key driver for economic … Read more

China courts Davos with largest presence in years

China courts Davos with largest presence in years

Participants walk in the street of the Alpine resort of Davos during the World Economic Forum. Fabrice Coffrini | Afp | Getty Images Davos, SWITZERLAND — China returned to Davos in full force this week as it attempts to thaw relations with the international community and court investment following years of Covid-19 lockdowns and rising … Read more

GQG scored a big win with its Adani bet, but could now press pause

GQG scored a big win with its Adani bet, but could now press pause

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee | Afp | Getty Images One of the biggest investors in India’s Adani Enterprises says he may be done doubling down on … Read more

TSMC Q4 2023 earnings report

TSMC Q4 2023 earnings report

Jakub Porzycki | Nurphoto | Getty Images The world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions. Here are TSMC’s fourth-quarter results versus LSEG consensus estimates: Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expected Net income: NT$238.71 billion, vs. NT$225.22 billion … Read more

Fujitsu says compensating Post Office victims is a ‘moral obligation”

Fujitsu says compensating Post Office victims is a ‘moral obligation”

Paul Patterson, Europe co-CEO of Fujitsu Services, giving evidence to the Business and Trade Committee at the Houses of Parliament, London, on what more can be done to deliver compensation for victims of what has been labelled one of the worst miscarriages of justice in British history. House Of Commons – Pa Images | Pa … Read more

Russian demand for Dubai property is slowing, China’s is up: DAMAC

Russian demand for Dubai property is slowing, China’s is up: DAMAC

Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and a surge in expat demand, particularly from Russia in the wake of the start of Moscow’s full-scale war with Ukraine. Some of Dubai’s luxury developments cater specifically to Russian buyers, with … Read more

JPMorgan says India is its No. 1 market in Asia and a favorite globally

JPMorgan says India is its No. 1 market in Asia and a favorite globally

The Indian markets have made tremendous gains since the beginning of the year, with both the Nifty 50 and BSE Sensex hitting record highs on Monday. Bloomberg | Bloomberg | Getty Images India is JPMorgan’s top pick in Asia, and one of its favorite markets globally, the investment bank’s Asian Equity Strategist Mixo Das told … Read more