Bloomberg

Company in the news

Japfa weighs selling Indonesian dairy unit Greenfields

The Singapore-listed industrial agri-food company has started a sale process for PT Greenfields Indonesia.
MBS hires law firm to probe US$1 bil in transfers - THE EDGE SINGAPORE

Company in the news

MBS hires law firm to probe US$1 bil in transfers

“MBS continues to work closely with its regulators to monitor MBS’s compliance with all legal obligations,” the casino said.

Company in the news

SoftBank, Naver to take Line private through squeeze out

Founder Masayoshi Son wants to combine his Yahoo Japan internet business with Line to create a national champion.

Geopolitics

Fertility, phones, reforms: a trader checklist for Suga's Japan

Market watchers are eyeing what the election of the unassuming son of a strawberry farmer means for the country’s equity markets.

Food & Beverage

Is Chinese food and beverage a bubble waiting to burst?

It is not unheard of to see F&B stocks valued at 50-100 times earnings, a phenomenon allegedly engineered by professional stock pickers.

Emerging Markets

Weaker emerging markets left behind as wealthier Asian economies pull away from the pack

A Bloomberg study of 17 emerging markets has found a 42% correlation between gross domestic product per capita and stock performance since the virus-fueled risk sell-off began on Jan 2020.

US-China trade war

Xi doubles down on domestic focus as US relations fray

China’s top leaders next month will lay out their economic strategy for the next five years that will include a new ambition to ramp up domestic consumption and make more critical technology at home in a bid to insulate the world’s second-largest economy.

Global Economy

Chinese shoppers splash on luxury goods, but still won't eat out

An uneven recovery is under way in China as the world’s biggest consumer market also becomes one of the first nations to rebound from the coronavirus pandemic that continues to ravage the global economy.

IPO

As IPO looms, all you need to know about Jack Ma’s Ant Group

Billionaire Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai, gunning for a valuation of US$225 billion (S$305.52 billion).

Singapore economy

Singapore targets 'quality' labour with new foreign worker rules

The new rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, said Trade & Industry Minister Chan Chun Sing in an interview with Bloomberg Television.
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