Asia
Why the dollar is causing chaos in Asia
EMERGING-MARKET currencies have tumbled this year as the dollar has gone from strength to strength.
HSBC cuts a dozen investment bankers in Asia on deals slump
HSBC Holdings has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the...
Morgan Stanley sees fed cut delay pushing back easing in Asia
MOST central banks across Asia are likely to begin cutting interest rates later in the year – if at all, according to economists at Morgan Stanley, as the US...
Asia: Equities sink, oil rallies on fears of Iran-Israel conflict
ASIAN stocks fell and oil prices climbed on Tuesday on growing fears of a wider war in the Middle East after Israel’s army chief vowed a response to Iran’s...
OpenAI comes to Asia with new office in Tokyo
CHATGPT creator OpenAI opened a new office in Tokyo on Monday (Apr 15), the first Asian outpost for the groundbreaking tech company as it aims to ramp up its...
Asia: Stocks hit by Iran’s Israel strike, hopes for containment stem losses
EQUITIES tumbled on Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider...
Apollo’s Asia expansion has lured in US$35 billion from region
APOLLO Global Management’s revamp of its Asia business is starting to pay off: It is raised US$35 billion from the region since the start of 2022 to bolster expansion....
CVC Capital Partners exits Vietnam’s Asia Commercial Bank: sources
CVC Capital Partners has exited Vietnam’s fourth-biggest private commercial lender, Asia Commercial Bank (ACB), after its investment unit disposed of its remaining 4.99 per cent stake for around US$220...
