Is contract for differences a right investment?

Uniqlo owner posts 23% jump in HY profit, raises annual profit estimate

TOKYO: Japan's Fast Retailing, the owner of clothing brand Uniqlo, on Thursday reported a 23% jump in half-yearly operating profit and raised its full-year profit estimate.

Hong Kong, Singapore cautious on SPAC bubble

HONG KONG: Hong Kong and Singapore are trying to get in on the boom in blank-cheque company listings, while safeguarding investors from what some say is a bubble about to burst.

Vietnam real estate market looking up

HO CHI MINH: Surging demand, the resolution of legal hurdles and the gradual containment of the Covid-19 pandemic make the real estate industry sanguine about 2021.

Investors brace for Asia’s worst stock market to fall further

MANILA: A rout that’s made the Philippine benchmark equity gauge the worst performer in the Asia-Pacific region risks worsening in the wake of fresh virus curbs.

Record-setting US$49bil Asia IPO boom is likely to taper off

NEW YORK: As in the US, initial public offering (IPO) activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months.

Shanghai bourse tightens scrutiny over corporate bond issuance

SHANGHAI: The Shanghai Stock Exchange (SSE) said on Friday it is tightening scrutiny over corporate bond issuance, and has punished a brokerage for lax due-diligence in bond underwriting.

In Huawei extradition case, arguments wrap up about alleged U.S. international law violation

VANCOUVER: A branch of arguments in Huawei Chief Financial Officer Meng Wanzhou’s bid to stop her extradition to the United States from Canada ended on Thursday with a prosecutor saying her lawyers had an "impoverished" view of the facts over their assertion U.S. authorities violated international law.

Libor enters ‘transformational’ stage before year-end exit

LONDON: The UK’s efforts to disentangle itself from sterling Libor by year-end just went up a gear.

Indian states fight each other for jobs with laws to hire locals

NEW DELHI: A short drive from the capital of New Delhi, Gurugram has become one of India’s wealthiest cities with business-friendly policies that have attracted multinationals such as Alphabet Inc’s Google, PepsiCo Inc and Nestle India Ltd. But suddenly that reputation is at risk.