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Southeast Asia's burgeoning infrastructure market defies borders

Southeast Asia's burgeoning infrastructure market defies borders

MANILA — Southeast Asian engineering groups are looking beyond national borders for opportunities in a region forecast to need about $180 billion a year in infrastructure investment through 2030. One such player is Manila Water, a unit of Philippine conglomerate Ayala. The company took an 18.72% stake in Thailand’s Eastern Water Resources Development and Management […]

These Are The World's 20 Busiest International Airline Routes

These Are The World's 20 Busiest International Airline Routes

These Are The World’s 20 Busiest International Airline Routes  Forbes Full coverage Source link

Asia markets mixed with US-China trade talks ahead

Asia markets mixed with US-China trade talks ahead

Investors also digested the Fed’s decision to keepinterest rates unchanged, a move that was widely expected. The central bank noted that inflation was starting to inch higher. In its post-meeting statement, the central bank’s Federal Open Market Committee said “overall inflation and inflation for items other than food and energy have moved close to 2 […]

ADB to outline future in Asia amid growing Chinese influence

ADB to outline future in Asia amid growing Chinese influence

MANILA (Reuters) – The Asian Development Bank will look to confront a range of economic challenges at its four-day annual meeting this week, including the future relevance of the organization amid China’s increasing presence in infrastructure finance. A man’s shadow casts over the logos of the Asian Development Bank (ADB)’s annual general meeting at the […]

US Stocks Fall as Investors Weigh Trade Negotiations, Earnings

US Stocks Fall as Investors Weigh Trade Negotiations, Earnings

Updated May 1, 2018 10:57 a.m. ET U.S. stocks slumped Tuesday as investors weighed global trade negotiations, central bank moves and the latest round of corporate earnings results. The Dow Jones Industrial Average fell 239 points, or 1%, to 23924. The S&P 500 dropped 0.4%, and the technology-heavy Nasdaq Composite slipped less than 0.1%. Shares […]

UK Eyes Southeast Asia for Post-Brexit Trade Bursts

UK Eyes Southeast Asia for Post-Brexit Trade Bursts

The lone non-Asian trade minister at last week’s Southeast Asian leaders’ summit in Singapore, U.K. Trade Minister Greg Hands had plenty of room to make the case that Brexit won’t interfere with his country’s ambitious plans in the region. As it scrambles to roll over some 40 European Union trade deals into individual agreements with […]

Financial Stocks Lead Gains in Asia

Financial Stocks Lead Gains in Asia

Asia-Pacific stocks started the week higher, led by financial stocks in Hong Kong and Singapore as markets in China and Japan are closed for holidays. Hong Kong’s Hang Seng Index, after underperforming of late with two straight weeks of declines, rose 1.5% early Monday as financial stocks climbed about 2% after China’s central bank said […]

SMEs from China, South Asia encouraged to grow together under Belt and Road Initiative

SMEs from China, South Asia encouraged to grow together under Belt and Road Initiative

File photo: Shanker Das Bairagi (R), Secretary at Ministry of Foreign Affairs, and Chinese Ambassador to Nepal Yu Hong inaugurate a seminar entitled “Strengthening cooperation to promote the construction of the Belt and Road” in Kathmandu, Nepal, Feb. 12, 2018. (Xinhua/Sunil Sharma) KATHMANDU, April 28 (Xinhua) — Small and medium-sized enterprises (SMEs) from China and […]

Southeast Asia's strongmen unite against political dissidents

Southeast Asia's strongmen unite against political dissidents

BANGKOK — In moves that appear to portend greater political oppression in Southeast Asia, the region’s authoritarian governments are closing ranks on political dissidents who have sought refuge in neighbouring countries. Thai Immigration this week helped Hun Sen, Cambodia’s 65-year-old prime minister of 33 years, by detaining Sam Serey, head of the opposition Khmer National […]

Coordination Asia turns historic Shanghai building into restaurant for the Instagram generation

Coordination Asia turns historic Shanghai building into restaurant for the Instagram generation

An old school building in Shanghai has been transformed by Coordination Asia into a restaurant with social media-optimised decor. The local architecture and interior design studio overhauled the 19th century building for Gaga restaurants, to create Changning Villa. “The Gaga restaurants attract a young, well-informed Shanghai crowd that is constantly on a hunt for the […]