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SHANGHAI: Hong Kong stocks ended marginally higher on Monday, underpinned by heavyweight financial firms, after China posted better than expected factory activity data.
BEFORE the conditional movement control order (CMCO) in early October, my friends who have businesses in retail and food and beverage (F&B) were pretty upbeat about the recovery of their businesses over the period of June to September.
JAKARTA/HONG KONG: For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.
HONG KONG: Alibaba Group Holding Ltd’s food delivery platform Ele.me plans to spend 3 billion yuan (US$443mil) this quarter trying to wrest customers from Meituan Dianping.
Banking on its extensive and strong global e-payment platform, Merchantrade Asia is upbeat on the prospects of its eRemit money transfer service, targeting businesses moving forward.
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak laid out his economic plans for next year in what he called the “mother of all budgets.”