Culture
Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over one million tonnes...
Asia: Markets tick up after Wall Street rebound
[HONG KONG] Asian stock markets were mostly up on Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes...
Japan’s Nidec shares sink 22% on fears of systematic accounting issues
[TOKYO] Nidec’s shares plunged as much as 22 per cent, the most on record, after the Japanese electronic components maker found evidence that senior executives may have been involved...
Blackstone revamps Asia real estate unit as Miyasaki steps down
[HONG KONG] Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter...
Blackstone revamps Asia real estate unit as senior executive steps down
[HONG KONG] Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter...
China weighs curbs on stock speculation to foster steady gains
[BEIJING] China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a US$1.2 trillion rally since the...
Gold holds firm near record high on US rate-cut expectations
[BENGALURU] Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and increased expectations for a US interest rate...
More Chinese companies looking to manufacture in Indonesia: OCBC
[JAKARTA] Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and distributing their products in the South-east Asian nation.
While Indonesia has...
Instagram-style Xiaohongshu hits US$31 billion value in GSR books
XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring the intense investor demand for a Chinese-equivalent to...
KKR, Apollo fuel rush of private investment into Asia’s schools
[SINGAPORE] Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education.The booming market is increasingly catching the...
