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BEIJING: Investors are snapping up Chinese financial assets, putting aside concerns over tension in the Middle East and instead focusing on progress in trade talks with the US, as well as signs that the world’s second-largest economy may be stabilising.
BANGKOK: While Thailand’s flagship Thai Airways is struggling these days, two new budget airlines are preparing to take off in 2020. The past decade has been challenging for Thailand’s legacy airline whilst newer, more nimble and cashed-up players enter the market.
HONG KONG: China's outbound mergers and acquisitions (M&As) clocked their weakest year in a decade in 2019, as an escalated U.S.-China trade war and tightened regulatory scrutiny of Chinese companies impacted appetite for overseas dealmaking.
LONDON: Traders' screens twinkled red and green on Monday (Dec 23) as global stock markets wobbled in a muted start to a holiday-shortened trading week, with many investors already away from Christmas.
BEIJING (ANN): The recent surge in Chinese investment in Ireland is a testimony to the promising outlook for bilateral investment cooperation, a senior Irish official said.
NEW YORK: BlackRock Inc and Temasek Holdings Pte are in discussions to start an asset management business in China along with one of the country’s biggest banks.
SINGAPORE: Asian governments are starting to do their bit to revive economic growth as central banks gradually pull back on monetary policy easing.
Beijing/Singapore (Dec 1, ANN): The cranes and their operators are hard at work at the former Normanton Park, preparing the 6.14ha site for a new residential estate. Home to many Singapore Armed Forces staff and their families since the 1970s, it was sold en bloc in 2017 to Chinese developer Kingsford Huray Development for S$830.1mil.
(Reuters) - A group led by U.S. billionaire Daniel Friedkin is in talks to buy AS Roma although the Italian soccer club said a formal deal had not yet been agreed.