<p> SoftBank Group Corp's WeWork debacle is unlikely to be repeated. It also means that for the Vision Fund to deliver venture capital-size returns, it'll need to rely on singles and doubles instead of hitting home runs.</p>
<p> South Korea is the land of foldable phones, K-pop and beauty creams. But somehow its best and brightest are missing out on the hottest innovation trends.</p>
SHANGHAI: China has officially started researching sixth-generation telecoms technology, state media reported on Thursday (Nov 7), a move it described as aiming to promote the latest wireless innovation. Chinese government ministries and research institutes met this week in a "kick-off" meeting to ...
Asian shares napped near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.
<p>SINGAPORE stocks reversed course to resume trading in positive territory on Thursday afternoon, with the Straits Times Index gaining 0.02 per cent, or 0.5 point to 3,263.20 as at 1.02pm. </p>
<p>BANKS in South-east Asia are set to miss out on as much as US$5 billion, or 14.3 per cent of their payments revenue by 2025, displaced by the growth of digital payments and competition from non-banks, according to a new report. </p>
Chinese internet search leader Baidu beat revenue estimates in its latest quarter but still posted a net loss, which it blamed largely on equity investments that fared poorly.
MANILA: The Philippine economy grew faster than expected in the third quarter fuelled by stronger government spending, making it all but certain there won't be a need for more policy easing this year. Gross domestic product in the July-September quarter grew 6.2 per cent from a year earlier, the ...
<p> A bitcoin miner, flying-taxi maker and apartment-sharing outfit are among the herd of Chinese upstarts rushing to New York markets. Their untested business models are alarming enough. But Beijing's more frequent crackdowns on booming next-generation industries add another layer of risk.</p>
Asian shares managed to cling near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.
