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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

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BUSINESS

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.

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BUSINESS

Asian central banks are forever blowing bubbles

Published on 13/06/2015

» Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.

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ADVANCED NEWS

Gold demand rising in Asia

Jon Fernquest, Published on 25/09/2013

» As big investors sell (expecting fall in gold price) smaller investors step in & buy with renewed interest in gold.

BUSINESS

Top banks downgraded

Published on 22/06/2012

» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.

ADVANCED NEWS

Rapid capital market development in Asean

Jon Fernquest, Published on 09/05/2011

» Transparent capital markets stretch across ASEAN borders replacing the secrecy of banks, local-currency bond markets reducing risk of currency and maturity mismatch.