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Property
Henderson Land wins rare Hong Kong site for record $4.2 bil
HONG KONG (May 17): Henderson Land Development Co. outbid eight other developers to win a rare site in Hong Kong’s Central district for a record HK$23.3 billion ($4.2 billion). It was the first commercial plot sold by the government in more than two dec
May 17, 2017
Property
Singapore's property comeback fueled by land-hungry developers
SINGAPORE (March 16): Developers’ hunger for Singapore land is adding to signs that the city’s housing market is making a comeback after three years of price declines.
May 16, 2017
Property
Asian investors drive UK property sales up higher than ever
SINGAPORE (May 3): 1Q17 real estate transaction volumes in the UK have hit their highest level since 2015, driven by Asian investors whose confidence remains undeterred even in the face of uncertainties regarding Brexit.
May 03, 2017
Global Economy
A 9,800% stock increase exposes Hong Kong's billionaires on paper
HONG KONG (April 18): They are classic Hong Kong stories: people who, in a blink, became stock-market billionaires. But exactly what’s behind much of this wealth is something of a mystery.
April 18, 2017
Global Markets
The cost of a Tesla is about to rocket in Hong Kong
HONG KONG (March 31): Calvin Zhang was getting tired of his Maserati. The Italian sports car spent too much time with the mechanic and guzzled too much gasoline.
March 31, 2017
Startups, Entrepreneurs, Digital economy
What’s holding Asia’s millennials back from unleashing their entrepreneurial spirit?
SINGAPORE (March 29): A higher proportion of employees across Singapore, Hong Kong and Malaysia (37%) are considering leaving their current job to start on their own business compared to the global average of 28%.
March 29, 2017
Global Markets
Putting all our eggs in China's basket was a mistake: UBS
HONG KONG (March 29): UBS Group AG, which built an Asian investment-banking powerhouse around the strength of its China business, is finding that excessive reliance on one single market can be a bad thing.
March 29, 2017
Global Markets
Brazil hails victory as China, Chile and Egypt lift meat ban
(March 27): Brazil’s under-fire meat industry received a major boost as China, Chile and Egypt began lifting restrictions on imports from the Latin American country.
March 27, 2017
Broker's Calls
Serial System on steady growth track, but not without potential risks
SINGAPORE (March 23): NRA Capital is maintaining its “overweight” rating on Serial System, the distributor of electronics components and consumer products, at a fair value estimate of 24 cents following its recent share price run-up since the research
March 23, 2017
Aviation & Engineering
Cathay Pacific seen reporting worst results in 8 years on rivals
SINGAPORE/BEIJING (March 15): In the three years Ivan Chu has been the chief executive officer at Cathay Pacific Airways Ltd., he has seen the marquee carrier’s stock become Asia’s worst performer on the Bloomberg World Airlines Index. He may have lit
March 15, 2017