Asia News
Disney's $8.5 billion Reliance merger is a streaming wars get in sporting activities-obsessed India
Disney+ Hotstar brand is observed on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Photos/LightRocket through Getty Photographs) Sopa Pictures | Lightrocket | Getty Illustrations or photos Walt Disney and Indian conglomerate Reliance‘s media merger will give back again remarkably precious cricket streaming legal rights to the U.S. organization […]
Read More
Electric powered air transport is set to consider off with taxis, ambulances, cargo deliveries by end of this 10 years
A design of a Wisk Aero LLC electrical vertical takeoff and landing (eVTOL) air taxi in the course of the Singapore Airshow in Singapore, on Wednesday, Feb. 21, 2024. Bloomberg | Bloomberg | Getty Pictures SINGAPORE — Between displays of defense jets, passenger airliners and high-tech aviation machines at the Singapore Airshow had been electric […]
Read More
Airbus claims level of competition from China's Comac C919 is 'not heading to rock the boat'
A commercial Plane Corp of China (Comac) C919 aircraft operated by China Japanese Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty Photographs SINGAPORE — China’s homegrown airliner could be the most recent challenger to Airbus and Boeing’s passenger jets, but an executive from Airbus stated he […]
Read More
With no Boeing passenger jets at the Singapore Airshow, Airbus and China just take centerstage
An aerial picture demonstrates Boeing 737 MAX airplanes parked on the tarmac at the Boeing Manufacturing unit in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE — Boeing will not be bringing any industrial planes to the Singapore Airshow, shifting the highlight for passenger jets to rival Airbus as properly as China’s […]
Read More
China Lunar New 12 months journey spending surpasses pre-Covid ranges — is use revival in sight?
Readers in the vicinity of Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Photographs China’s travel activity and shelling out jumped earlier mentioned pre-pandemic stages through the Lunar New year getaway, in a indicator that usage was strengthening in the world’s next-most significant financial system. Some 474 […]
Read More
The Fed is set to reduce premiums this year. Listed here are the Asian currencies that stand to reward
The portrait of Mahatma Gandhi is shown on Indian rupee banknotes in an organized photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is envisioned to slice curiosity fees later on this calendar year and, though that may possibly not be great information for […]
Read More
Dealing with China as ‘un-investable’ would be ‘wide of the mark,’ JPMorgan strategist claims
People around Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Pictures Even as China’s financial state is dealing with issues, dealing with it as un-investable like some analysts have proposed would not be the proper get in touch with, John Bilton, head of international multi-asset technique at […]
Read More
Crisis-strike Paytm in talks with prime India officers following $2.5 billion sector cap wipeout
A male physical exercises in a health club around a barcode for Paytm, an Indian cellphone-centered electronic payment platform, in New Delhi on November 18, 2021. Sajjad Hussain | AFP | Getty Photographs Financial technologies business Paytm has been in conversations with the upper echelons of the Indian authorities this week, as it tries to […]
Read More
DBS slashes CEO's variable pay by 30% after multiple digital disruptions
DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in 2023, but cut the variable compensation for its senior management to “hold them accountable” for a number of digital disruptions that year. Chief Executive Piyush […]
Read More
Mitsui Fudosan shares hit record high right after Elliott reportedly phone calls for around $6.5 billion share buyback
Shares of Mitsui Fudosan surged to an all-time substantial on Monday following a report said U.S. activist investment organization Elliott Management had demanded the company start a huge stock buyback application. Japan’s major home developer jumped as significantly as 11.8% in early afternoon buying and selling to hit a document 4,100 yen. The Financial Moments claimed that Elliott […]
Read More