US stock futures climb in Asia during Xi speech

Hudson Lockett in Hong Kong April 10, 2018 Print this page The outlook for Wall Street continued to climb in Asia on Tuesday as Chinese President Xi Jinping made a broadly pro-trade speech at the Bo’ao Forum for Asia in Hainan. S&P 500 futures rose as much as 1.4 per cent during morning trade in […]

ANALYSIS-Obesity Among Asia-Pacific Children is Growing Health Crisis

ANALYSIS-Obesity Among Asia-Pacific Children is Growing Health Crisis

KUALA LUMPUR —  Obesity rates among children in Asia-Pacific are rising at a rapid rate, and more action is needed to encourage healthier lifestyles and ease pressure on fledgling healthcare systems, researchers said. The number of overweight children under five rose 38 percent between 2000 and 2016 in the region, and the problem is growing, […]

Grab-Uber merger makes patchy debut in SE Asia

Grab-Uber merger makes patchy debut in SE Asia

SINGAPORE — Uber Technologies on late Sunday simultaneously ceased its ride-hailing operations in Vietnam, Thailand, Cambodia and other regional markets. The serial shut down of Uber’s operations in Southeast Asia — apart from Singapore and the Philippines — follows the recent merger deal with its former arch-rival, Grab, which makes the Singapore-based company the dominant player […]

Are US Based Multinationals Destined To Do Poorly In Asia?

Are US Based Multinationals Destined To Do Poorly In Asia?

I am always sensitive to business overhead – the lower you drive overhead, theoretically the higher your profit. Overhead costs are expenses associated with running a business and not DIRECTLY related to producing a product or service. A simple criteria of overhead is costs that are fixed whether one produces a million or a zillion […]

Eisenhower warns of falling 'dominoes' in Southeast Asia, April 7, 1954

Eisenhower warns of falling 'dominoes' in Southeast Asia, April 7, 1954

President Dwight D. Eisenhower expressed concern over Communism run amok. | Anthony Camerano/AP Photo At a press conference on this day in 1954, President Dwight D. Eisenhower said the collapse of French rule in Vietnam under pressure from a communist-led insurgency could precipitate a “domino”-like impact in Southeast Asia. This so-called domino theory dominated much […]

Honeywell targets 10 percent revenue growth in Southeast Asia this year

Honeywell targets 10 percent revenue growth in Southeast Asia this year

KUALA LUMPUR (Reuters) – U.S. industrial conglomerate Honeywell International Inc (HON.N) is targeting a roughly 10 percent increase in revenue from Southeast Asia this year, in part boosted by growing defense spending in the region, a company executive told Reuters. A Honeywell logo is pictured on the company booth during the European Business Aviation Convention […]

27-Year-Old Set to Bring Asia's Bazaars to Your Phone

27-Year-Old Set to Bring Asia's Bazaars to Your Phone

Zilingo, an e-commerce startup trying to replicate the experience of browsing Southeast Asia’s colorful bargain bazaars on a smartphone, has raised $54 million to delve deeper into markets from Indonesia to the Philippines. Sofina, Burda Principal Investments and Sequoia Capital India led the latest round for Zilingo, a shopping platform crammed with retailers of the […]

China gains as rest of Asia slips amid simmering trade concerns

China gains as rest of Asia slips amid simmering trade concerns

The tepid moves on Wednesday came as trade tensions, which have recently been in the spotlight, continued to simmer: The U.S. Trade Representative’s office published its proposed list of around 1,300 Chinese imports that could be hit with tariffs. In response, China said via an embassy statement it opposed the additional tariffs proposed and that […]

Australia's Young Changemakers Top 30 Under 30 Asia Class

Australia's Young Changemakers Top 30 Under 30 Asia Class

Some of Australia’s youngest social entrepreneurs have been honoured in the Forbes 30 Under 30 Asia list for “leveraging business tools to save the region’s problems”. Now in its third year, the list features 300 young innovators and disruptors across 10 categories who are re-inventing their industries and driving change across the region. Australians took […]