Showing 91 - 100 of 132
Tencent now China's top company
Bloomberg News, Published on 05/09/2016
» HONG KONG - Tencent Holdings Ltd has surpassed China Mobile Ltd to become the country's most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise.
Hanjin ships get stranded in high seas, roiling supply chain
Bloomberg News, Published on 01/09/2016
» SINGAPORE/LOS ANGELES/SEOUL - Hanjin Shipping Co’s vessels are getting stranded in sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.
China’s economy stabilises as consumer spending perks up
Bloomberg News, Published on 15/07/2016
» China’s economy stabilised as lending and consumer spending perked up late in the June quarter, suggesting the world’s second-largest economy is responding to stepped up monetary and fiscal policy support.
Jack Ma plans to buy 20% stake in Ascend Money
Bloomberg News, Published on 18/06/2016
» HONG KONG - The financial services unit of the Chinese e-commerce giant Alibaba plans to purchase a 20% stake in Thailand’s Ascend Money in a bid to become a key financial services player in Southeast Asia.
BSI shut by Singapore as Swiss start probe
Bloomberg News, Published on 24/05/2016
» SINGAPORE — The city state is closing Swiss private bank BSI SA’s unit in the city state as criminal proceedings were started against the firm amid global investigations into a troubled Malaysian state fund.
Puerto Rico defaults on $422m debt
Business, Bloomberg News, Published on 03/05/2016
» SAN JUAN: Puerto Rico has defaulted on a US$422-million bond payment for its Government Development Bank (GDB), escalating what is turning into the biggest crisis ever in the $3.7-trillion market that US state and local entities use to access financing.
The shipyard that became a parking lot
Bloomberg News, Published on 16/04/2016
» TOKYO: Chinese shipbuilders are under so much financial strain one of them is literally being turned into a parking lot.
Singapore overtakes HK as world's No.3 financial centre
Bloomberg News, Published on 08/04/2016
» Singapore has edged past Hong Kong as the world’s No.3 financial centre, according to a survey by London-based research firm Z/Yen Group.
Singapore consumer prices in longest slump since 70s
Bloomberg News, Published on 23/02/2016
» Singapore’s consumer prices fell for a 15th straight month, the longest streak of declines since 1977, prompting authorities to cut this year’s inflation forecast amid a global oil-price slump.
Indonesia cuts interest rate, reserve ratio
Bloomberg News, Published on 18/02/2016
» JAKARTA -- Indonesia’s central bank cut its main interest rate for a second consecutive month and lowered the primary reserve-requirement ratio for lenders to help shore up an economy hit by slumping exports.