Showing 1 - 8 of 8
Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
Shaping the wealth
Asia focus, Nareerat Wiriyapong, Published on 18/11/2019
» � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.
Selling the cloud
Asia focus, Erich Parpart, Published on 20/05/2019
» During her student years in Temora in New South Wales, Helen Masters always thought that her interests lay in economics, but her inquisitiveness instead led her on another path. Her personal observations on how new technologies were changing her hometown eventually landed her a career she has followed to this day.
Recipe for success
Asia focus, Tanyatorn Tongwaranan, Published on 04/06/2018
» Douglas Martell learned early in life that life can take unexpected twists and the path taken isn't always strewn with flower petals. But the president and CEO of the Thailand-based hotel management company Onyx Hospitality Group has never let setbacks keep him from having big dreams.
The main event
Asia focus, Nareerat Wiriyapong, Published on 27/06/2016
» When Tim Cobbold first arrived at the London headquarters of UBM Plc two years ago, he was stepping into a business that was very different from those he'd been involved in previously. Ever since then, the 53-year-old CEO has been redefining the direction of the media company to focus completely on the event business.
Even as demand softens, China jet market is crucial
Asia focus, Wanant Kerdchuen, Published on 25/04/2016
» The growing number of Asian business moguls, especially in China, has made the region a promising new frontier for business jet makers. Greater China alone is the third largest market in a forecast by Bombardier, with 876 future deliveries worth US$33 billion, compared with the country's fleet of 300 at the end of last year.
Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.
AirAsia eyes China growth
Business, Boonsong Kositchotethana, Published on 30/09/2014
» AirAsia could expand its coverage of China's huge aviation market at a faster pace and in a broader spectrum if there were no airport impediments there.