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He has no flashy titles and few outside India know his name. But in the halls of Reliance Industries Ltd., Manoj Modi has quietly become one of the most powerful forces behind the corporate empire of Asia's richest man. Reserved and mostly invisible to the public, Modi is viewed by many insiders and.... |
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Losses were milder in Asia than in the U.S. partly because markets in the region have not seen massive gains in recent weeks: outbreaks of the virus, travel disruptions and business shutdowns remain apparent and hopes for a quick rebound more modest.
Although daily newly confirmed cases in Japan.... |
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South Korea’s Kospi lost 2.5% to 2,122.62. Australia’s S&P/ASX 200 skidded 1.8% to 5,851.90. Hong Kong’s Hang Seng shed 1.2% to 24,195.52, while the Shanghai Composite dipped 0.7% to 2,899.16. Losses were milder in Asia than in the U.S. partly because markets in the region have not seen massive.... |
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Losses were milder in Asia than in the U.S. partly because markets in the region have not seen massive gains in recent weeks: outbreaks of the virus, travel disruptions and business shutdowns remain apparent and hopes for a quick rebound more modest.
Although daily newly confirmed cases in Japan.... |
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(Bloomberg) -- It’s just two weeks since value rotation became visible in Asia, but the sudden return of risk-off sentiment has put it to the test. Just as was the case in the U.S. The wild surge in the region’s cheaper but riskier stocks since the end of May has been mirrored just as extremely in.... |
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(KRX:068270) announced today that it has signed an agreement to acquire product assets for the Asia Pacific region from Takeda Pharmaceuticals International AG (“Takeda”) in an effort to strengthen its R&D capabilities in the Global Small Molecule Drug sector. |
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SINGAPORE - High-growth tech companies in Singapore keen to expand into the British market will have a new avenue of support: the Digital Trade Network launched by the British government. Britain's Department for International Trade (DIT) said in a statement on Thursday (June 11) that the network.... |
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JAKARTA: Indonesia plans to build one of its largest industrial parks on the north coast of Java island in a renewed drive to attract manufacturers relocating out of China as Southeast Asia's biggest economy comes out of a coronavirus-induced lockdown. |
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MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.3 per cent. Australian stocks dropped 1.74 per cent, while shares in China fell 0.67 per cent. Oil futures slumped for a second consecutive trading session due to worries about weak global energy demand, which weighed on the.... |
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By Andy Mukherjee. (Bloomberg Opinion) -- The two arch rivals of Asian finance have competed so intensely for so long that it’s impossible to believe that Hong Kong’s fading autonomy and the resumption of anti-government protests isn’t filling Singapore with even a little bit of schadenfreude. |
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Event transcript. FREDERICK KEMPE: Good morning from Washington and good evening to our many viewers in Kabul, where I’m delighted that Radio Television Afghanistan, RTA, is carrying this important event live. And greetings as well to our viewers elsewhere around the world across numerous different platforms. |
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QUESTION: Ladies and gentlemen, in my 44 years on the radio I’ve had the opportunity to interview President Ronald Reagan and George Herbert Walker Bush and many other leaders of note, and I am deeply honored today to have as my guest the 70th United States Secretary of State, Mike Pompeo. |
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Australia, Monaco, the Netherlands and France have been cancelled and sources indicated Azerbaijan, Singapore and Japan would be next on the list. — Reuters pic. LONDON, June 12 — Formula One looks set to add more European races to the calendar with grands prix in Asia and the Americas likely to be cancelled due to the Covid-19 pandemic. |
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Australia, Monaco, the Netherlands and France have been cancelled and sources indicated Azerbaijan, Singapore and Japan would be next on the list. — Reuters pic. LONDON, June 12 — Formula One looks set to add more European races to the calendar with grands prix in Asia and the Americas likely to be cancelled due to the Covid-19 pandemic. |
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A study for the Asia Competitiveness Institute estimated that, assuming the Covid-19 effect withers away after three quarters, a recovery within about six quarters is likely for all of Singapore's sectors except construction.
Singapore. WITH the Covid-19 pandemic leading to a less globalised world,.... |
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FREDERICK KEMPE: Good morning from Washington and good evening to our many viewers in Kabul, where I’m delighted that Radio Television Afghanistan, RTA, is carrying this important event live. And greetings as well to our viewers elsewhere around the world across numerous different platforms. I’m Fred Kempe. |
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(Bloomberg) -- Asian stocks were set to slump Friday after a rout on Wall Street triggered by concerns the epic rally since March was excessive given the emergence of a second wave of infections in some locations. Futures in Japan, Hong Kong and Australia were all at least 2% lower. |
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India on Thursday announced that the president of its India and South Asia operations, Pradeep Parameswaran, will have an expanded role as regional general manager for the Asia-Pacific. Parameswaran will take charge of the new job on June 19. He will oversee Uber’s rides business in India,.... |
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Pradeep Parameswaran, President, Uber, India & South Asia,talks to Surajeet Das Gupta about the challenges he faced and India’s R&D capability. Edited excerpts: What have been your key challenges in running Uber India? When I took over as president of India SA in 2018, one of our biggest challenges.... |
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(Bloomberg) — Asian stocks looked set to slump after U.S. equities tumbled the most in 12 weeks, as worries over a jump in coronavirus cases added to concern the recent rally had gone too far. Treasuries surged with the dollar. Futures in Japan, Hong Kong and Australia were all at least 2% lower. |
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ISLAMABAD - Afghan President Ashraf Ghani announced Thursday that his government will soon release remaining Taliban prisoners to help a U.S.-led peace process remain on course. Ghani told a forum hosted jointly by the Washington-based Atlantic Council's South Asia Center and the United States.... |
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Brazilian miner Vale shipped a larger proportion of its iron ore products to China at the expense of Europe and other Asian customers in April, according to trade data. This comes as Vale’s volumes recovered compared with earlier in the year. Vale shipped 17. |
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Kuwait has raised the official selling prices (OSPs) for its crude grades sold to Asian refiners in July, a price document showed on Thursday. The producer has set the July Kuwait Export Crude (KEC) price at the average of DME Oman and Platts Dubai quotes, up $6 from the previous month. |
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ISLAMABAD - Afghan President Ashraf Ghani announced Thursday that his government will soon release remaining Taliban prisoners to help a U.S.-led peace process remain on course. Ghani told a forum hosted jointly by the Washington-based Atlantic Council’s South Asia Center and the United States.... |
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For years, Asia Pacific has lagged behind other regions in its awareness and focus on responsible investing. We have noticed that companies with good corporate governance tend to be rewarded with good total investment return. The biggest hurdle comes from the fact that some of the listed companies.... |
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Here are the latest developments (Tokyo time): Friday, June 12. 5:00 a.m. U.S. equities end a brutal day that portends a stormy open in Asian markets. 3:00 a.m. U.S. stocks have extended their losses, with crude oil futures also tanking as investors react to signs of a possible second wave of infections. |
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