Asia Pacific
Headlines
Trade Tensions Hamper Chip Production
Investors in the semiconductor sector have been cautious due to Washington's increasingly protective policies towards the U.S. chip manufacturing industry, which is seen as crucial for competing with China. Bloomberg reported on Wednesday that the U.S. has informed its allies of potential severe trade restrictions if companies continue to provide China...
Mixed Performance in Asia-Pacific Markets
Asia-Pacific markets showed a mixed performance on Tuesday as investors digested Federal Reserve Chair Jerome Powell's dovish remarks on potential interest rate cuts, which had propelled Wall Street higher in the previous session. Japan's Nikkei 225 Index edged up following a holiday break, with traders closely monitoring yen movements. Chinese markets...
7 Techniques To Enhance Your Marketing Email Click-Through Rate (CTR)
Do you suspect your email marketing strategy is ineffective? If your email click-through rate is disappointing, you are most likely correct. Let's face it: if your subscribers don't click your links, you'll have fewer leads and sales, which will reduce your income. That is why enticing more subscribers to click is critical. When we talk about email...
Making access to climate finance a priority
The Asian Development Bank (ADB) is calling for a sharper financial focus on putting climate actions at the centre of development and recovery for the region. Read More
TRENDSETTERS at-a-glance: Korean, Indian regulators sharpen ESG focus; and more
Korean watchdog cracks down on ESG compliance; India to enhance ESG reporting; Singapore fintechs to drive green finance; and StashAway expands to Hong Kong. Read More
Finance
Asia-Pacific Markets Downturn as Bank of Japan (BOJ) Begins Policy Meeting
Tuesday July 30th, 2024Asia-Pacific markets are experiencing a downturn as the Bank of Japan (BOJ) begins its two-day monetary policy meeting. This meeting is drawing significant attention from investors and economists alike, as it could potentially mark a shift in Japan's monetary policy. The BOJ is expected to raise its benchmark interest rate to...
India is recording more cases of covid-19 than any other country
ON APRIL 7TH India detected more than 125,000 new cases of covid-19—more than any other country in the world. The same day neighbouring Bangladesh registered far fewer—just over 7,600—but that was nonetheless a record for the country. Pakistan, too, is suffering a surge in infections, with the president, prime minister and minister of...
Pakistan’s generals are ever more involved in running the country
BEFORE HE BECAME prime minister, Imran Khan was happy to hold forth about the role of the armed forces in Pakistan. They were so influential in politics, he told The Economist, only because civilian governments had been so ineffectual. Once in office, he said, he would change all that. Yet in early March, when his government lost an important Senate...
China tries to nick another speck in the sea from the Philippines
THE CHINESE ships that appeared around Whitsun Reef in March were unusual for fishing vessels. They seemed to do little fishing, for a start. Satellite images revealed them to be pristine and lined up with military precision. China said the ships were simply sheltering from bad weather. But the Philippine government said they belonged to China’s “maritime...
Another species harmed by climate change: Japanese poets
“HOW MANY, many things/they call to mind/these cherry blossoms!” the poet Basho once wrote of Japan’s favourite flower. The blossoms have long provoked reflections on beauty, transience and the unceasing rhythms of the natural world. This year, their annual appearance has many thinking about how those rhythms are changing. The cherry trees in...
Legal
Deals
M&A Deals Picking Up Pace in Asia
After a long lull in investment activity, M&A deals are picking up across Asia. In a region that has often been attractive for its growth opportunities, M&A has recently experienced a quiet spell. In the first half of 2024, deal volumes and values in the Asia-Pacific decreased by 23% and 35%, respectively, compared to the first half of 2023, according...
Lyreco Group announces the acquisition of DeskRight
Lyreco Group today announced the acquisition of DeskRight, a leading office supplies business on the Singapore market. The move puts Lyreco, European leader and number three worldwide in the distribution of workplace supplies solutions to businesses, in a leadership position on the Singapore market and represents the first step in its new development...
HSA Advocates advised a consortium of four ports in relation to strategic sale of Dredging Corporation of India by Government of India
HSA Advocates represented a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust in relation to strategic sale of Dredging Corporation of India concluded by Government of India (GoI). The four ports have acquired 100% of GoI's shares in Dredging Corporation of India (i.e. 73.47%...
Duff & Phelps enhances restructuring and dispute offering with acquisition of Zolfo Cooper Asia
Expands Footprint in Greater China Region Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced the acquisition of Zolfo Cooper Asia, a leading independent provider of restructuring, insolvency, litigation support and forensic accounting services. The combination of Duff & Phelps and Zolfo...
Acq Lite
Actor Park Si Hoo denies rape accusation
Hallyu star Park Si Hoo issued an official statement this morning, denying allegations by a 22-year-old woman that the actor had sexually assaulted her. He wrote: ‘There are misrepresentations in the reports regarding this incident. I hope to explain the truth to the media and to my fans.’ According to the alleged victim, she got [...]The...
Actor Park Si-hoo Accused of Rape
Actor Park Si-hoo has been charged with rape, Seoul police said Monday. The victim, a 22-year-old woman, met Park through a mutual acquaintance last Thursday night and drank with him in a bar in the trendy Gangnam district of southern Seoul. Police said the woman claims to have lost consciousness and realized she had been [...]The post Actor Park Si-hoo...
Grace Wong: “We slept in separate bedrooms!”
“Friendly Fire” actress Grace Wong recently denied claims of her supposedly ‘losing her virginity’ to her boyfriend during a vacation in Taiwan. According to Jayne Stars website, the actress, who attended a wedding exhibition on 17 February, explained that she and her boyfriend had stayed in separate rooms during their trip,...
Park Si-hoo Fails To Appear For Police Questioning
Actor Park Si-hoo, who has been charged with raping an aspiring starlet, has again failed to present himself for questioning by police. He had been summoned for 7 p.m. on Sunday. “At around 6 p.m., an hour before he was scheduled to appear, Park’s lawyer informed us that he wouldn’t show after all,” a police [...]The post Park...
CCTV Footage Backs Rape Charge Against Park Si Hoo
Surveillance camera footage casts doubt on actor Park Si-hoo’s denials that he raped a 22-year-old aspiring starlet. The CCTV footage shows his accuser being carried on the back of the acquaintance who introduced them as they arrive at Park’s home in Cheongdam-dong, Seoul on the night of the incident. According to police, the acquaintance...