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Posted on October 27, 2020

World’s largest IPO shows power of mobile payments in China

These mobile payment codes are the default way money changes hands in China these days, and the reason Ant Group's initial public offering is set to be the world's largest. Support our journalism. ( read original story ...)

Posted on October 27, 2020

China Media Says India ‘Bound to Lose’ War As New Delhi Signs U.S. Military Intelligence Deal

Chinese media has repeatedly framed its tensions with India as part of America's wider effort to contain Beiijing. ( read original story ...)

Posted on October 27, 2020

Australian winemakers look past China, U.S. woes and toast the home market

Faced with sluggish sales to top export markets, virtually no foreign tourists, and decreasing restaurant sales due to COVID-19, Australian wineries are increasingly looking to locals to secure their ... ( read original story ...)

Posted on October 27, 2020

Sheldon Adelson’s Last Roll of the Dice May Be His Boldest

Sheldon Adelson, the billionaire founder of Las Vegas Sands Corp., is considering a $6 billion sale of the Nevada casinos that made his fortune, people familiar with the matter told Gillian Tan and ... ( read original story ...)

Posted on October 27, 2020

Jordan retains finance minister Al Ississ in new cabinet

Jordan's Finance Minister Mohamad Al Ississ was reappointed in a new cabinet sworn in on Monday, underlining the country's commitment to ambitious economic reforms backed by the International Monetary ... ( read original story ...)

Posted on October 27, 2020

Philippines c.bank sees signs of recovery, disinclined to ease further

The Philippine central bank does not see an immediate need to ease monetary policy further given the slew of indicators that point towards economic recovery from the contraction caused by the ... ( read original story ...)

Posted on October 27, 2020

Qatar-Owned Quintet Builds Out Family-Office Unit With Key Hires

(Bloomberg) -- Qatar-owned Quintet Private Bank SA has made key hires from rival banks as it builds out a business to manage the family wealth of entrepreneurs. The Luxembourg-based group said it ... ( read original story ...)

Posted on October 27, 2020

Philippines may face pandemic debt shock in 2021 – Moody’s

Moody's Investors Service says that while the Philippines may 'reap significant savings' due to the weakening of the US dollar, the deterioration of 'fiscal metrics' would offset the benefits ... ( read original story ...)

Posted on October 27, 2020

Singapore’s unique ‘collective sales’ lose appeal to investors even as housing market shows signs of early recovery

The Covid-19 pandemic has dulled investors' appetite for choice pieces of property in Singapore even as the property market of the Southeast Asian financial hub is likely to be one of the first to ... ( read original story ...)

Posted on October 27, 2020

Gulf economies set for steep contractions this year before rebounding: Reuters poll

The six-member Gulf Cooperation Council faces a steep economic contraction this year before partially rebounding in 2021, with most countries facing sharper declines than previously estimated, a ... ( read original story ...)

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