Lifestyle
JPMorgan asset cools on China bond frenzy as curve flattens
A RELENTLESS rally in Chinese bonds has at least one global investor taking pause as yields continue to plumb record lows.JPMorgan Asset Management is taking a break from pursuing...
SoftBank Group shares plunge most since going public in 1998
A STOCK rout in Japan wiped out US$15 billion of SoftBank Group’s value on Monday (Aug 5), after the company’s biggest single-day fall since founder Masayoshi Son took the...
China asks large state financial institutions to drop auditor PwC: sources
CHINESE regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property...
Taiwan stocks fall by record 8.4% on tech sector fears
TAIWAN stocks ended down 8.4 per cent on Monday (Aug 5), a record slump, with tech stocks including TSMC plunging as investors sold off one of Asia’s top-performing markets...
China’s Honor gets strong state backing as it readies IPO
CHINESE smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei unit prepares an initial public offering (IPO), according to...
Philippine central bank says rates can stay steady, open for cut when price pressures ease
THE Philippine central bank can keep policy settings unchanged but can consider a rate cut if price pressures continue to ease, its governor said on Monday (Aug 5).The balance...
India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod
INDIA, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events, which could force firms such as...
Singapore shares fall at Monday’s open; STI down 2.5%
SINGAPORE equities began trading in negative territory on Monday (Aug 5), after Wall Street stocks tumbled last Friday following the release of poor jobs data in the US. As at...
