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When looking east means China

A trip to watch cherry blossoms in Japan requires precision planning with loads of good luck. The unpredictability as to when the cherry tree will blossom in spring has made planning for the trip much more difficult, as the cherry blossom lasts for only two weeks in a year.


Deutsche Bank’s merger threatened by mounting opposition

LESs than two weeks ago, the leaders of Deutsche Bank AG and Commerzbank AG agreed to take an unbiased look at a proposed merger. Almost every day since then, their efforts have been undermined by internal and external forces.


Deutsche Bank revenue falls for eighth straight quarter

FRANKFURT: Deutsche Bank AG’s revenue contracted for an eighth straight quarter in the final months of last year, complicating chief executive officer Christian Sewing’s plan to turn around the lender through cost cutting.


AB InBev joins pot industry with Tilray beverage partnership

TORONTO: Budweiser brewer Anheuser-Busch InBev NV has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a research partnership with Canadian pot firm Tilray Inc.


How to end Japan's deflation? Abolish cash

Monetary medicine in Japan is keeping the economy alive, but with nasty side effects. The search for a new cure should begin with a simple question: What if the Bank of Japan were to throw out its money-printing presses?

Corporate News

Uber in talks with Careem to merge in Middle East

LONDON: Uber Technologies Inc and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as Uber prepares for a public offering next year, according to three people familiar with the matter.


Amazon helps ex-Googler turn mom’s money into a billion dollars

HONG KONG: After Steven Yang left his coveted job at Google, he asked his mother whether he should take venture-capital money to fund his business idea.


Felda’s dilemma

DATUK Zakaria Arshad remembers how tough it was growing up as a young teenager in a Federal Land Development Authority (Felda) settlement over 40 years ago.


Taking unicorns by the horn

Singapore-based venture capital (VC) firm K2 Global, which is looking to close its second US$200mil fund this year, has something that other venture capital firms do not have. It is able to bridge Asians to Silicon Valley and invest in some of the world’s most formidable billion dollar tech companies.


Re-thinking development

GIVEN massive social divisions and the disruptions from technology, what is the new development model?