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Asia’s Journey at 60
ON SEPT 16, Malaysia celebrates her 57th national day, having celebrated on Aug 31 the 63rd anniversary of independence from Britain in 1957. What does Independence mean for former colonies?
Laybuy set for Australia listing as "buy now, pay later" sector booms
New Zealand's Laybuy is listing in Australia on Monday at a time when the buy-now-pay-later sector is being propelled by an online shopping boom sparked by COVID-19, forging one of the hottest investor spaces during the pandemic.
Philippines seeing signs of economic growth
DESPITE imposing one of the world’s longest and strictest lockdowns, coronavirus cases in the Philippines have now surged past 230,000, with Indonesia eclipsed as the region’s biggest outbreak.
LTAT’s dilemma
LEMBAGA Tabung Angkatan Tentera (LTAT) is likely in a quagmire on how to deal with its prized jewel namely Boustead Holdings Bhd.
Ex-US ambassador quits Singapore firm linked to Newcastle United bidders
SINGAPORE: The former U.S. ambassador to Singapore said he had resigned from the board of a firm in the city-state linked to a group bidding for English soccer club Newcastle United citing "recent revelations" about the group.
Asset manager sees upside for healthcare, techs and utilities
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd advises investors to accumulate healthcare, technology sectors for their earnings momentum, and the utilities sector for their defensiveness and dividend yield.
Asia buyout firms are struggling with Covid-hit portfolio
HONG KONG: Baring Private Equity Asia and CITIC Capital have sold the China business of Wall Street English (WSE) at a deep discount in just over two years since acquiring it as the Covid-19 pandemic crippled the global language tutoring group, sources told Reuters.
Jumping on the capital market bandwagon
THE heated-up stock market is leading to a rush for unlisted assets to enter the capital market and for individuals to take over listed companies.
Roman Abramovich sells out in US$1bil gold deal
MOSCOW: Billionaire Roman Abramovich agreed to sell his stake in a Russia-focused gold miner, the latest in a wave of precious-metal deals, as bullion trades at a record high.
