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East Asia

Japanese chipmaker Renesas to buy software firm Altium for $5.9 billion

by Walter Watson
Japanese chipmaker Renesas to buy software firm Altium for .9 billion

A Renesas Electronics Corp. central processing unit (CPU) board and microcontrollers. Kiyoshi Ota | Bloomberg | Getty Images Japanese semiconductor firm Renesas Electronics said Thursday that it would acquire Sydney-listed …

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Mitsui Fudosan hits record high as Elliott reportedly demands share buyback

by Walter Watson
Mitsui Fudosan hits record high as Elliott reportedly demands share buyback

Shares of Mitsui Fudosan surged to an all-time high on Monday after a report said U.S. activist investment firm Elliott Management had demanded the company launch a massive stock buyback …

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India’s finance minister touts unlikely export growth

by Ron Morgan
India’s finance minister touts unlikely export growth

Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India.  Hindustan Times | Hindustan Times | Getty Images India’s Finance Minister …

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Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

by Ron Morgan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Evergrande’s liquidation crisis won’t be China’s Lehman moment: Leland

by Walter Watson
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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India set to be world’s third largest economy in 2027: finance ministry

by Walter Watson
India set to be world’s third largest economy in 2027: finance ministry

A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock …

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How ‘quiet luxury’ is subtly taking over investor portfolios

by Walter Watson
How ‘quiet luxury’ is subtly taking over investor portfolios

VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked …

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Evergrande shares halted after Hong Kong court orders liquidation

by Ron Morgan
Evergrande shares halted after Hong Kong court orders liquidation

Shares of China Evergrande were halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer. It comes against …

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Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

by Walter Watson
Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg | Getty Images Singapore’s central bank left its policy unchanged …

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China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

by Walter Watson
China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. CFOTO | Future Publishing | Getty Images China’s property stocks jumped after …

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