Friday, 28/7/2017 | 6:47 UTC+8
  • pakistan-stock-exchange
    2016 Pakistan is the hottest equity market in South Asia

    The BRICS grouping is passe and the top emerging markets are losing sheen. Brexit has battered stocks world over and currencies across economies are weakening. In times like these, guess what’s working for the global equity markets? Pakistan. The south Asian nation, mostly in the news for terrorism and political violence, has beaten major Asian

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  • sg01
    Singapore bank UOB suspends London property loans – Brexit

    One of Singapore’s largest lenders, UOB, says it has suspended its loan programme for London properties. The decision comes in response to uncertainty caused by the UK’s decision to leave the EU, the bank said. The vote on 23 June caused global market turmoil and pushed the pound to 31-year lows. The Singapore dollar has

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  • Alibaba02
    Alibaba predicts sales will rise 48 percent ending march 2017

    HONG KONG, June 15 — Alibaba Group Holding Ltd said that revenue growth will accelerate this fiscal year as China’s largest e-commerce company provided its first financial forecast since going public in 2014. The company predicts sales will rise at least 48 per cent in the year ending March 2017 as it pushes into new markets

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  • Singapore_Luxury
    Singapore Now No Longer A Luxury Shopping Spree Destination

    Singapore’s reputation as a shoppers’ paradise, which saw investors pour S$10 billion into retail developments here in the past five years, is taking a pummelling because of weakness in the local economy and a drop in spending by tourists. SINGAPORE: After serving only a handful of customers in five hours on a recent weekday, Sam

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  • Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. REUTERS/Brendan McDermid
    Alipay could be valued at nearly USD 60 billion

    Chinese e-commerce giant Alibaba Group Holding Ltd’s (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round of funding, a person familiar with the matter said. Ant Financial, which operates the “Alipay” online payment platform, is in talks to raise funds from existing and new investors, which

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  • A worker walks at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. Image source: cnbc.com
    OPEC emergency meeting may hurt market

    Iran’s oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude oil market if it made no decision to shore up falling prices. Venezuela has been calling for an emergency meeting to discuss steps to prop up prices, which are at their lowest since 2003. But

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  • Ashleigh_Habgood_1
    Pasangan lesbian mencari ‘impian’ penderma sperma

    Ashleigh Habgood dan Ally Williams mencari seorang lelaki yang bijak dengan hati yang baik – dan tiada keinginan untuk menjadi ayah. Mereka mencari penderma sperma, supaya boleh memulakan keluarga. Ashleigh Habgood dan Alley Williams dari Auckland, New Zealand, mempunyai keperluan khusus untuk jenis manusia yang akan menjadi bapa kepada anak-anak mereka, dan telah dibawa ke

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  • Bertenang dan meneruskan: Ma berpindah memberi jaminan kepada pelabur keras kepala dengan menyatakan bahawa kebimbangan mengenai memperlahankan penggunaan di China adalah yg berkembang sama sekali
    Jack Ma berkata kebimbangan mengenai China penggunaan berlebihan

    Pengerusi Alibaba Group Holding Ltd Jack Ma, cuba untuk menenangkan pelabur selepas penjatuhan saham syarikat e-dagang, berkata kebimbangan mengenai memperlahankan penggunaan di China telah dilebih-lebihkan. Alibaba telah kehilangan lebih daripada satu pertiga daripada nilai pada tahun ini apabila kebimbangan bahawa pertumbuhan perlahan di China, pasaran terbesar syarikat, pelabur terkesima. Ma, dalam surat kepada pelabur pada

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  • businessman-nguyen-huu
    Vietnamese tycoons help protect Vietnam economy

    HANOI: Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the Vietnam War. The construction mogul has amassed a war chest of tens of millions of dollars to fight for greater independence for Vietnam’s economy and counter an invasion of a different kind:

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  • China
    Black Monday Meltdown And Bill Gates: Billionaires’ Wealth Plummets In ‘Great Fall Of China’ As Rich Lose Billions

    For the world’s billionaires, this week is already proving rough. The Chinese stock market dropped 8.5 percent Monday, the biggest single-day decline since 2007, and the world’s 400 richest people lost about $124 billion collectively. Chinese billionaires lost more than $14 billion of their net worth Monday alone, while the Shanghai composite index dropped by

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