HSBC curbs profit and payout ambitions, bets on Asia wealth
2021-02-23
HSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term. Source linkContinue Reading
Asia share market edges up as bond yields, resources steal the show
2021-02-22
Japan’s Nikkei recouped 1.0% and South Korea 0.4%, while E-Mini futures for the S&P 500 were a fraction firmer Source linkContinue Reading
How to Get the Biggest Bang for our Clean Energy Buck in Southeast Asia
2021-02-19
If we’re going to accelerate the global clean energy transition, we need to get smarter about how we deploy scarce climate finance overseas. Nowhere is a smarter approach needed than one of the last frontiers for coal expansion — Southeast Asia. Public dollars, stranded assets One key reason why manyContinue Reading
Even the well-traveled rarely know these beautiful remote islands in Asia
2021-02-19
Batanes is an underrated, remote region in the northern Philippines with pastoral emerald hills, rugged landscapes and few tourists. Source linkContinue Reading
Nomura prefers India over Korea; ups rating to overweight in Asia portfolio
2021-02-18
The key standout for India, Nomura believes, is the solid consensus’ earnings revision trends. Alongside a focus on reforms and measures to attract foreign direct investment (FDI) flows. Source linkContinue Reading
India 'best story' in Asia, may see a bigger deluge of FII money
2021-02-17
The foreign inflows are just getting started, believe money managers, as there is increased acknowledgment that the Indian economy is now the best place to be in Asia. Source linkContinue Reading
Vestas appoints Purvin Patel as new regional president of Asia Pacific
2021-02-15
Patel takes up the role today and succeeds Clive Turton, who will leave the company after heading Vestas Asia Pacific since 2017. Source linkContinue Reading
Sun Life Asia Service Centre India gives employees additional paid day off in February
2021-02-12
Under the “Putting Your Wellness First” initiative, all employees have been granted an extra paid day off on 15th February, Monday, across India and the Philippines. Source linkContinue Reading
Markets, oil drop in Asia but bitcoin targets $50,000
2021-02-12
Bitcoin continued to hit new highs, peaking at $48,930 Friday, having been given another boost after MasterCard and US bank BNY Mellon moved to make it easier for people to use the cryptocurrency. Source linkContinue Reading
Remote workers want to live in Asia, but Asia doesn't seem to want them quite yet
2021-02-11
A new vanguard of remote workers wants to live in places such as Bali and Bangkok, but so far no Asian nation has created a visa program to let them in. Source linkContinue Reading