Posts by Yurie Miyazawa
Axiata, Sinar Mas are said to near deal for Indonesian units
MALAYSIAN wireless carrier Axiata Group and Indonesian conglomerate Sinar Mas Group are nearing an agreement to merge their telecommunications operations in South-east Asia’s largest economy, people familiar with the matter said. The owners of XL Axiata and Smartfren Telecom are finalising details of a transaction that could be announced as soon as this week, the…
Read MoreChina mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund in coming weeks as part of a regulatory overhaul, according to people familiar with the matter. The Ministry of Finance is currently going through the process to move its holdings in China…
Read MoreIndia’s Adani Group to invest over US$88 billion in Rajasthan state
Indian conglomerate Adani Group will invest over US$88.53 billion in various sectors such as renewable energy and cement in the northwestern state of Rajasthan, Karan Adani, managing director of Adani Ports, said on Monday (Dec 9). Over 50 per cent of these investments will be made over the next five years, Adani said, while speaking…
Read MoreChina regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’ listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world’s No 2 economy. The China Securities Regulatory Commission (CSRC) in October told two meetings, attended by…
Read MoreEx-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO
NUNO Matos will become the new chief executive officer at ANZ Group Holdings, succeeding Shayne Elliott who is retiring after nine years in the role that culminated in a tumultuous ending. Matos, a former HSBC Holdings banker, will take over the top job on Jul 3, 2025. He will also be appointed to the boards…
Read MoreHow 1% Interest Rate Changes Affect Mortgage Payments
Understanding how interest rates impact mortgage payments is crucial for homeowners. A small change in the interest rate can lead to significant differences in what you pay each month. This article will explore how much does 1 percent interest rate affect mortgage payment and provide insights into the various ways these changes can influence your…
Read MoreMah Sing Group remains focused on affordable residential properties, while eyeing data centres and industrial market for growth
It is optimistic that industrial projects will benefit from Malaysia’s chairmanship of Asean next year RECOGNISED as a leading property developer in Malaysia, Mah Sing Group’s track record in new property sales has been impressive. The group set a higher sales target of at least RM2.5 billion (S$755.5 million) for 2024 and, having already hit…
Read MoreYuan, euro rout points to losses for emerging-market currencies
Losses in the Chinese yuan and the euro have picked up in recent months, and that is worsening the outlook for emerging-market currencies in Asia and Europe. That’s because the yuan and euro play a role as “currency anchors” for their smaller peers, helping to either support them or drag them down depending on the…
Read MoreTrillion-dollar gap shows diverging South Korea, Taiwan stock fortunes
As South Korea descends into political chaos, its equity market risks falling further behind major tech rival Taiwan, which is basking in the glory of the global artificial intelligence (AI) boom. A near 30 per cent surge in Taiwan’s stock benchmark this year, set to be the best since 2009, has already helped spur a…
Read MoreHow Much Money Do Doctors Really Make?
Many people wonder about the earnings of doctors and whether they really make a lot of money. This article dives into the world of doctor salaries, exploring various factors that influence their pay, the differences between specialties, and the impact of location, gender, and race on their income. By understanding these elements, we can better…
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