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Business 26 Jan 2021 | 7:00 AM

Asia stocks rally on

HONG KONG: Large investors are taking advantage of Asia’s record-smashing bull market to pocket some profits through a series of share placements. That’s not stopping the run in those stocks, which include a number of Chinese drugmakers and a South Korean fuel cell company.

Business 31 Dec 2020 | 7:00 AM

Land-sea trade corridor helps spice up Chongqing hotpot with Indian chilies

CHONGQING: Indian farmer Prakash Nopo, 47, is busy organising his fellow farmworkers as they pick chilies on his farm in India’s southern state of Andhra Pradesh.

Business 16 Apr 2019 | 3:32 AM

Spicy hotpot makes couple US$6bil richer in 2019

HONG KONG: China’s insatiable demand for spicy hotpot is placing the founders of a restaurant chain atop one of the world’s fastest-growing fortunes, allowing them to outpace many of the wealthiest families globally.

Corporate News 27 Nov 2018 | 12:48 AM

Malaysia bets on durian as China goes bananas over it

KUALA LUMPUR: The spiky durian is set to become Malaysia's next major export as the Southeast Asian nation rushes to develop thousands of acres to cash in on unprecedented demand for the fruit from China.

Corporate News 28 Sep 2018 | 12:00 AM

China Renaissance sinks 22% in Hong Kong debut

HONG KONG: Investment bank China Renaissance plunged as much as 24% on debut in Hong Kong yesterday, becoming the latest high profile Chinese listing in the city that investors have soured on.

Business 04 Sep 2018 | 12:00 AM

Hong Kong currency intervention seen intensifying this month

HONG KONG: The Hong Kong Monetary Authority (HKMA) could be even busier with currency buying in September.

Corporate News 29 Aug 2018 | 3:46 AM

Fast-food chain Yum China rejects US$17.6b Hillhouse buyout offer

HONG KONG: Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year, a person with direct knowledge of the matter said.

SMEBiz 12 Feb 2018 | 12:00 AM

Excelling in a sticky business

F&B chain operator looks abroad to drive growth moving forward