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In glitzy Singapore, hotels’ success recipe is being average

February 10, 2017 by · Leave a Comment 

Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. “If you compare this with (the room I had in) China, it is nothing, but … we have to adapt to the budget,” the 30-year-old Belgian…

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In glitzy Singapore, hotels’ success recipe is being average

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South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

September 28, 2016 by · Leave a Comment 

The South Korean court overseeing Hanjin Shipping's receivership process said on Wednesday that a sale of the world's seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated. Judge Choi Ung-young, who serves as a court spokesman for media inquiries on the …

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South Korea court says it has not yet decided whether sale of Hanjin Shipping is needed

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KDB to extend $45 million credit line to help unload Hanjin cargo

September 22, 2016 by · Leave a Comment 

Korea Development Bank (KDB), the lead creditor of Hanjin Shipping Co Ltd said on Thursday it will offer a 50 billion won ($45 million) credit line to help Hanjin unload stranded cargo. The credit line is to be used only when all available funds from Hanjin Shipping, top shareholder Korean Air Lines, Hanjin Group's

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KDB to extend $45 million credit line to help unload Hanjin cargo

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

August 4, 2016 by · Leave a Comment 

Billionaire investor Wilbur Ross stood behind Republican Donald Trump but urged him to stop engaging in exchanges that benefit the Democrats and make the real estate mogul's behavior the issue in the U.S. presidential campaign. “This election is Donald's to lose and so far the Democrats have been clever

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Investor Wilbur Ross urges Trump not to let his behavior become the issue

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On southwestern fringe, China’s Silk Road ambitions face obstacles

June 5, 2016 by · Leave a Comment 

By Brenda Goh and Simon Webb KUNMING, China/VIENTIANE (Reuters) – For the southwestern city of Kunming, China's plan to extend a high-speed rail link 3,000 km (1,875 miles) south to Singapore is already a boon: pristine expressways, a gleaming station and something of a real estate …

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On southwestern fringe, China’s Silk Road ambitions face obstacles

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Tech start-ups snap at the heels of Asian private bankers

April 11, 2016 by · Leave a Comment 

Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed

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Tech start-ups snap at the heels of Asian private bankers

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Allergan’s revenue beats on higher U.S. brand sales

February 22, 2016 by · Leave a Comment 

(Reuters) – Allergan Plc reported better-than-expected quarterly revenue, helped by strong performance in its U.S. brands segment, and said it continues to expect its takeover by Pfizer Inc to close in the second

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Allergan’s revenue beats on higher U.S. brand sales

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OPPO, Vivo snap at Apple’s heels in China mobile market

February 1, 2016 by · Leave a Comment 

By Miyoung Kim and Yimou Lee SINGAPORE/HONG KONG (Reuters) – Beyond China few may have heard of OPPO or Vivo, but these local handset vendors are rising up the rankings in the world's largest smartphone market, using local marketing savvy and strong retail networks in lower-tier cities. Industry experts say these cities – there are more than 600 of them and some are bigger than many European capitals – are the next smartphone battlefield as China'…

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OPPO, Vivo snap at Apple’s heels in China mobile market