Category: Asia Market News

Instantly update and podcast Asia Market News and Analysis from varies financial media, and provide a sitemap with Asia financial news summary for the one who wanted to catch up Asia Market change in timely manner.

Kakulangan sa manok pinangangambahan dahil sa taas-presyo ng baboy

[embedded content] MAYNILA - Napipinto na ang kakulangan ng suplay ng manok, ayon sa mga grupo ng mga broiler.  Ito ay sa harap ng nararanasang pagtaas ng presyo ng baboy dahil sa umano'y kakulangan ng suplay nito sa merkado na dala ng epekto ng African swine fever (ASF).  Ayon kay Atty. Bong Inciong, president ng United Broiler Raisers Association (UBRA) , marami na kasi ang naluluging nagmamanok na...

Healthy diets ‘nearly impossible’ for 1.9 billion people in Asia-Pacific: UN report

According to the 2020 Regional Overview of Food Security and Nutrition, the region’s poor have been worst affected, forced to choose cheaper and less nutritious foods. The report is jointly produced by the Food and Agriculture Organization (FAO), UN Children’s Fund (UNICEF), World Food Programme (WFP) and World Health Organization (WHO). “The outbreak of COVID-19 and a lack of decent work opportunities in many parts of the region, alongside...

Joe Biden to take oath as president, vowing to rebuild middle class

WASHINGTON -- Joseph Robinette Biden Jr., a son of an auto dealership manager, a longtime senator and a former vice president, will be sworn in as the 46th president of the United States shortly after noon Eastern time on Wednesday.To open the inauguration ceremony, Kamala Harris, the first woman and the first South Asian American to become vice president, will be sworn in by Justice Sonia Sotomayor, herself the first...

Malaysian Rating Corporation: Maintaining OPR at 1.75pc will help support the ringgit

Bank Negara Malaysia (BNM) left the interest benchmark unchanged at 1.75 per cent during its first Monetary Policy Committee (MPC) meeting of 2021 today. — Picture by Miera Zulyana KUALA LUMPUR, Jan 20 — Malaysian Rating Corporation Bhd (MARC) expects keeping the Overnight Policy Rate (OPR) unchanged at 1.75 per cent will lend some support to the ringgit. In a statement today, the credit rating agency said this...

SGX queries on New Silkroutes’ liquidation of oil-trading unit

Wed, Jan 20, 2021 - 8:05 PM THE Singapore Exchange (SGX) has raised queries regarding New Silkroutes Group's wholly-owned oil-trading subsidiary, International Energy Group (IEG), which the group has not been successful in winding up. The agreement for the disposal of IEG to TK Energy lapsed on June 30 last year, after the buyer failed to disburse loans to New Silkroutes Capital and IEG. In a regulatory filing...

England football star Rashford nets younger buyers for Burberry

A Burberry display is pictured at Selfridges department store, amid the spread of the coronavirus disease in Oxford Street in London, Britain June 14, 2020. — Reuters pic LONDON, Jan 20 — Burberry stuck to its full-year goals today after a media campaign fronted by high-profile English football star and social justice advocate Marcus Rashford drew a younger clientele to the British luxury brand. Higher full-price sales would...

R&F Properties sells majority stake in bay area logistics park for US$1.1 billion as China’s i …

R&F Properties has raised US$1.1 billion by selling a majority stake in its huge urban logistics park in the Greater Bay Area in a sign that heavily indebted mainland Chinese developers are gearing up to offload assets.The sale of a 70 per cent stake in Guangzhou International Airport R&F Integrated Logistics Park to Blackstone Real Estate has been completed, according to a statement from Blackstone on Wednesday. The mainland developer still holds the remaining 30 per cent.Savills predicted…

China EV battery race: Tesla’s rivals join NIO in efforts to achieve 1,000km driving range on sing …

China’s electric car assemblers and battery producers are setting a new goalpost in their battle for supremacy in the world’s largest vehicle market: a driving range of up to 1,000 kilometres (621 miles) on a single charge.Their new weapon is the solid-state battery, deemed a better option because the electricity from solid electrodes and a solid electrolyte is safer, more reliable and more efficient than the liquid or polymer gel electrolytes found in existing lithium-ion or lithium polymer…

Singapore is second most preferred city for cross-border investments: Survey

SINGAPORE - Singapore is the second most preferred city for cross-border investments this year, a study noted on Wednesday (Jan 20). It also cited logistics as the most popular sector for investors, while interest in the office sector has weakened. The findings come as the Economic Development Board reported that Singapore attracted about $17.2 billion in fixed asset investments last year amid the pandemic. "Singapore remains an important...

Ilang Meralco customer pinayagang utay-utayin ang bayad sa naipong bills

[embedded content] Problemado si Alvin Ambulo dahil lagpas P20,000 ang kabuuang utang niya sa Meralco pero nasa P4,000 lang ang kaya niyang bayaran. "Hindi po talaga kaya kasi 'di naman po maganda ang mga trabaho namin, at the same time po kakabalik lang namin kasi noong lockdown wala kaming trabaho," ani Ambulo, na nakatanggap ng disconnection notice. Sa isang Meralco branch sa Quezon City, daan-daang customer na nakakuha...

New boss appointed at Stellantis’ UK brand Vauxhall

Business A former Nissan executive, Paul Willcox, will become the new boss of carmaker Stellantis' British brand Vauxhall, the company said on Wednesday as an investment decision looms for its English car factory. FILE PHOTO: A man walks across an empty car park at the Vauxhall car plant in Ellesmere Port, Britain, June 22, 2020. REUTERS/Phil Noble 20 Jan 2021 07:00PM Share this content Bookmark LONDON: A former...

The Place Holdings appoints new chief strategy officer

Wed, Jan 20, 2021 - 6:50 PM THE Place Holdings on Wednesday appointed a new chief strategy officer (CSO), who will be responsible for assisting the executive chairman with strategic planning, growth strategy and capital planning of the group. Zhang Wei, 39, will take the place of Leow Soon Guan, who ceased to be the CSO of the company last year. Mr Zhang graduated from Tsinghua University with...
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