The border between Hong Kong and mainland China will fully reopen next week for the first time in three years, reviving the city’s role as the business gateway between the country and the rest of the world.
Elevated interest rates may still cause a recession in the US and Europe and that’s a risk scenario for Asia this year, according to ADB President Masatsugu Asakawa.
From Intel Corp. to SK Hynix Inc., some of the world’s largest semiconductor makers stunned investors with brutal losses heading into 2023. But two Asian companies — Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. — navigated the turmoil with greater agility, underlining a changing of the guard.
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman Sachs said.
Manhattan District Attorney Alvin Bragg has begun pressing Allen Weisselberg, the jailed former CFO of the Trump Organization, to flip on Donald Trump as part of an accelerating investigation of alleged wrongdoing by the former president during his 2016 campaign.
Apple Inc.’s iPhone set a new high for its share of profits from global smartphone sales in 2022, after navigating a dire year for the industry better than competitors.
China’s steel mills are gearing up for a brighter year as prices of the construction material recover on optimism that an economic rebound and measures to revive the property industry will boost demand.
Adani Group dollar bonds rallied on Friday as billionaire Gautam Adani was said to be in talks with creditors to prepay some loans in a bid to restore confidence in his business empire.
(Bloomberg) — Bond traders are growing ever more confident that central banks are nearing the end of their tightening cycle.
A lawmaker in Singapore’s ruling party took to social media to defend her new role running Grab Holdings Ltd.’s government relations department, dismissing concerns about potential conflicts of interest.
