Showing 1 - 10 of 14
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
Oracle Targets the Health Cloud With $28.3 Billion Bid for Cerner
Business, Published on 22/12/2021
» Oracle Corp. on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner Corp. that vaults the business-software giant deeper into healthcare technology.
Invesco in Talks to Merge With State Street's Asset-Management Business
Business, Published on 18/09/2021
» Invesco Ltd. is in talks to merge with State Street Corp.'s asset-management business, people familiar with the matter said.
Two investment themes emerging in March
Business, Published on 07/03/2020
» The SET index appears likely to extend its slide in March after it slumped 13.3%, or 205 points (from 1,542 to 1,337) in February from the previous month. We see the supports at 1,250 and 1,200, while the upside would be capped at 1,400 and 1,430. The trading range is expected to be between 1,250 and 1,400. Among the key factors:
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
More than just football
Business, Published on 11/07/2018
» The amount of data available to be mined during a major sporting tournament is almost unbelievable. If companies and analysts can harvest and utilise the data well, it would benefit them greatly. Google, for example, usually has a dedicated team during the World Cup that scours real-time search data to present useful, shareable facts and visuals for users.
NBCUniversal buys rest of USJ
Business, Bloomberg News, Published on 02/03/2017
» Tokyo/New York: Comcast Corp, the largest US cable operator, said on Tuesday that it would acquire full control of a company that operates a Harry Potter-featured theme park in Japan, targeting the appeal of getaways for the region's growing middle-class and record visitors to the Asian nation.
Globalisation under threat, warns Citi economist
Business, Chiratas Nivatpumin, Published on 29/09/2014
» Policymakers across the world will face growing challenges from the threat of secular economic stagnation in the advanced economies, especially in the euro area, demographic changes and a retreat from globalisation, according to Willem Buiter, the chief economist for Citigroup.
Guarded hopefulness
Asia focus, Published on 16/11/2015
» John Micklethwait is a newspaper man seized by fear and hope for the future of journalism. To be sure, "newspaper man" is a bit of an anachronistic description for the new editor-in-chief at Bloomberg News, where no ink is spilled on paper. Across 325,000 Bloomberg terminals, headlines splash upon screens in seconds, bumping stale events much faster than one wraps fish with yesterday's page one.