Prudential’s acquisition of Thailand's Thanachart Life Assurance, a subsidiary of Thanachart Bank, marks a crucial step in the British insurer’s expansion in Southeast Asia -- a region Group Chief Executive Tidjane Thiam refers to as the company’s “sweet spot”.
Asian shares advanced to their highest in nearly two weeks with risk appetite returning on signs that a trend of global recovery is stabilizing, particularly in the United States and China.
Asian stock markets were mostly higher on Thursday as China's official and private sector manufacturing PMIs confirmed a recovering growth trend, boosting Shanghai markets whilst trying to convince regional investors the slowdown was bottoming out.
Asian stock markets were mostly higher on Wednesday as investors regained risk appetite despite the absence of a fresh lead from Wall Street. Regional markets seem on course to end October on a positive note.
These pros say emerging market currencies are the place to be - if you're picky.
Asian shares slipped on Monday as investors switched their focus away from signs of stable U.S. growth, looking instead at tepid global corporate earnings and the uncertain economic outlook.
Hong Kong’s latest round of property measures to curb speculation by foreign buyers is likely to have a minimal impact on cooling sky-high prices in the island-state, say experts, with tight supply conditions and demand from local homebuyers preventing any large declines in home values.
Nicole Wong, Regional Head of Property Research, CLSA (HK) is overweight on Hong Kong property landlords and underweight on the sector's developers. She explains why.
Raymond Yeung, Senior Economist, Greater China, ANZ says as a result of the city's new cooling measures, clients are more likely to hold onto properties rather than sell to provide the market with supply.
Asian shares slid on Friday while the yen steadied as investors shunned risk on concerns over corporate earnings, with the region's exporters struggling against shrinking global demand.
Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital says Beijing might unleash only a small stimulus. He adds their policy tuning approach has effectively saved China from a hard landing.
Asian shares rose on Thursday as signs of recovery in China and the United States eased fears of deteriorating global growth, though generally weak corporate earnings continued to make investors wary.
Asia's populations are graying very rapidly and the continent looks ill-prepared to face the challenges, writes an expert.
China, the manufacturing hub of the world, is under threat of losing that title as its population ages fast leading to a huge labor shortfall.
The euro zone is in slowdown and Singapore steps in — it's time for your FX Fix.
Asian shares were unable to hold onto gains on Wednesday, as investors stayed risk averse due to weak corporate earnings results worldwide and enduring worries over economic slowdown.
Asian shares were lackluster on Tuesday with the corporate reporting season getting underway in the region, as investors stayed cautious after global shares faltered overnight on weak earning reports and outlook.
Asian shares ended mixed on Monday as some regional indexes recovered from earlier losses whilst others were weighed down by dented risk sentiment from lackluster U.S. earnings and a bigger-than-expected fall in Japanese exports.
Richard Li has won the race to buy the Hong Kong and Thailand operations of ING’s insurance business for more than $2 billion, according to people close to the process, leaving the Dutch group with just its Korean and Japanese operations to sell in Asia. The FT reports.
Du Jinsong, Head of Asia Property Research, Credit Suisse says the central government in China has been clamping down on the property sector but this is not the case at the local level. He gives his top pick for the real estate market.