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Latest Articles and Industry Insights

Sharp in Samsung share sale

In a rare move for a Japanese firm, Sharp has announced a Y10.4 billion deal with South Korean rival Samsung.

Hilton Worldwide enters Myanmar

Hilton Worldwide has become the first major international hotel company to announce its entry into Myanmar.

Standard Chartered posts 10th year of record profit

Standard Chartered has posted net profit of $4.79 billion for 2012 despite being hit with a multi-million-dollar fine over a US sanctions probe.

Cathay Pacific orders three Boeing 747-8

Hong Kong-based international passenger and cargo airline Cathay Pacific Airways has ordered three Boeing 747-8 Freighter cargo aircraft in a deal worth $1 billion.

Bank of Japan nominee vows to conquer deflation

The government’s nominee to lead the Bank of Japan has vowed to do “everything possible” to conquer long-running deflation.

Investment profile: Nigeria

Nigeria is Africa’s foremost business destination. Over the past decade Africa has been the second-fastest growing economy in the world, with GDP accelerating more than five percent a year on average, according to the World Bank.

Chinese manufacturing slows in Feb

Manufacturing activity in China expanded at its slowest rate in five months in February, official data showed Friday.

Asia has the most billionaires says Hurun

There are more billionaires in Asia than any other continent according to a survey by China-based wealth magazine the Hurun Report.

Benitez slams Chelsea fans in post-match rant

Chelsea manager Rafa Benitez has slammed the club’s board and the fans who have called for his dismissal at a press conference after the Blues’ victory over Middlesborough on Wednesday night.

AIA profits up 89 percent

Hong-Kong based insurance giant AIA said Wednesday its net profit rocketed almost 90 percent in 2012.