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MUMBAI: India’s move to privatise flag carrier Air India Ltd (pic) in its first big-ticket sale in almost two decades promises to further boost the appeal of the nation’s booming equity market just when China is intensifying its crackdown on private firms.
HONG KONG (Reuters): Alibaba Group founder Jack Ma (pic), largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong, and has met business associates in recent days, two sources told Reuters.
The leader of Myanmar’s military-installed government said Monday that other South-East Asian countries should share responsibility for failing to help quell the violence that has engulfed his nation since the army seized power in February.
BEIJING: Sinic Holdings Group Co became the latest Chinese real estate firm to default as investors wait to see whether China Evergrande Group Inc will meet overdue interest payments on dollar bonds this week.
The UN announced that it feared an even greater human rights catastrophe in Myanmar amid reports of thousands of troops massing in the north of the Southeast Asian country, which has been in chaos since a February coup.
Asia stocks hurt as profit forecasts at 12-year low versus world; Philippines expected to be among worst hit
Analyst estimates for Asia’s corporate profits have fallen to more than a decade low relative to global peers, and further downgrades are on the horizon as China’s economic growth slows and global supply constraints remain.
SINGAPORE: Analyst estimates for Asia’s corporate profits have fallen to more than a decade low relative to global peers, and further downgrades are on the horizon as China’s economic growth slows and global supply constraints remain.
HONG KONG (AFP): Hong Kong led most Asian markets lower Wednesday (Oct 27) with tech firms in the firing line after China Telecom was banned from the United States, adding to already fraught tensions between the superpowers as concerns lingered about inflation.