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Asia News

Crisis-hit Paytm in talks with top India officials after $2.5 billion market cap wipeout

by Adrian Jhonsan
Crisis-hit Paytm in talks with top India officials after .5 billion market cap wipeout

A man exercises in a gym near a barcode for Paytm, an Indian cellphone-based digital payment platform, in New Delhi on November 18, 2021. Sajjad Hussain | AFP | Getty …

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DBS cuts executive pay on banking outages; posts record earnings in 2023

by Adrian Jhonsan
DBS cuts executive pay on banking outages; posts record earnings in 2023

DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in …

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Categories World

Mitsui Fudosan hits record high as Elliott reportedly demands share buyback

by Adrian Jhonsan
Mitsui Fudosan hits record high as Elliott reportedly demands share buyback

Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Shares of Mitsui Fudosan surged to an …

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Categories World

India’s finance minister touts unlikely export growth

by Adrian Jhonsan
India’s finance minister touts unlikely export growth

Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India.  Hindustan Times | Hindustan Times | Getty Images India’s Finance Minister …

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Nirmala Sitharaman on economy, investments

by Adrian Jhonsan
Nirmala Sitharaman on economy, investments

India’s Finance Minister Nirmala Sitharaman along with her staff poses for pictures as she leaves the Finance Ministry Office to present the annual budget in parliament in New Delhi on …

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Categories World

IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot

by Adrian Jhonsan
IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot

Pedestrians walk past a Caixin Weekly magazine, published by Caixin Media Co., on display at a news stand in Beijing, China, on Sunday, March 6, 2016. Qilai Shen | Bloomberg …

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Categories World

Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

by Adrian Jhonsan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Categories World

Evergrande’s liquidation crisis won’t be China’s Lehman moment: Leland

by Adrian Jhonsan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Categories World

India’s interim budget falls on Feb. 1. Here’s what to expect

by Adrian Jhonsan
India’s interim budget falls on Feb. 1. Here’s what to expect

Parliament building in New Delhi, India. Vipin Kumar | Hindustan Times | Getty Images India is set to release its interim budget for 2024 on Thursday, ahead of the country’s …

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Categories World

Evergrande shares halted after Hong Kong court orders liquidation

by Adrian Jhonsan
Evergrande shares halted after Hong Kong court orders liquidation

Shares of China Evergrande were briefly halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer. It comes …

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Categories World
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