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SEOUL: Coway Co Ltd, a South Korean maker of home appliances, is mulling over establishing manufacturing operations in Malaysia with the aim of using the country as a launchpad into other South-East Asian markets.
HONG KONG: China Evergrande Group had to come back to Earth after last year’s stratospheric gains. The question now is exactly how bumpy that re-entry is going to get.
BEIJING: The prospect of China injecting stimulus into its moribund car market triggered a surge in automakers’ shares from Europe to Asia. But overseas investors aren’t the only ones cheering the chance of a 50 percent cut to the tax on vehicle purchases.
KUALA LUMPUR: Maybank Asset Management Group Bhd (MAMG) and Bank of New York (BNY) Mellon Investment Management have jointly launched feeder fund MAMG Asia Rising Stars Fund, with the aim to achieve an assets under management (AUM) of RM80mil to RM100mil within 12 months.
BEIJING: Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas tree lighting will join thousands of other companies peddling their wares at China’s largest trade fair today.
SHANGHAI: Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct 1, allowing more Chinese carriers to offer service.