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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailNeil Parekh of Pegasus Asia, a special purpose acquisition company, says he's confident that it can separate the "wheat from the chaff" and is focusing on sub-sectors like fintech, medical technology and digital services. Source link
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Ringo Choi of the professional services firm discusses Singapore's venture into the market of special purpose acquisition companies and Asia's race to attract them. Source link
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A sign for China's digital currency, the electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021.STR | AFP | Getty ImagesBEIJING — In a country where consumer payments are measured in the trillions, China's digital yuan has made little headway, according to
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Banknotes of Renminbi arranged for photography on July 3 2018 in Hong Kong.S3studio | Getty Images News | Getty ImagesChina's central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese currency, one analyst said."What has happened this morning won't
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Volunteers wearing personal protective equipment (PPE) arrange food deliveries on Nov. 26, 2021, for a Shanghai residential area that's under restrictions to halt the spread of Covid-19.Yin Liqin | China News Service | Getty ImagesBEIJING — China's economy grew by 8.1% in 2021, and industrial production rose steadily through
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A Neta (Nezha) V electric car is on display at the Hozon Auto stand during an auto show in Tianjin, China, on Oct. 4, 2021.VCG | Visual China Group | Getty ImagesBEIJING — Tesla and BYD remained by far the market leaders in China's electric car market in 2021,
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A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022.Victor J. Blue | Bloomberg | Getty ImagesCitigroup will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam to Singapore's United Overseas Bank, the banks announced Friday.As part of the deal, UOB said it will acquire
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Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019.Aly Song | ReutersBEIJING — China's exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released Friday.Exports rose by 20.9% year-on-year in U.S. dollar-terms, above the 20% increase forecast
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Varun Alagh of Honasa Consumer discusses the company's fundraising plans and the international markets it's looking to enter. Source link
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The Federal Reserve is behind the curve when it comes to shrinking the balance sheet, according to UBS Global Wealth Management's Kelvin Tay. Fed Chairman Jerome Powell said Tuesday that he expects a series of interest rate hikes this year, along with other reductions in the extraordinary help the central bank has
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