Asia

Taiwanese firms fazed by trade war concerns in China

Some Taiwanese firms with China operations have transferred their manufacturing hubs to Southeast Asia.

Taiwanese firms fazed by trade war concerns in China

Some Taiwanese firms with China operations have transferred their manufacturing hubs to Southeast Asia.

Japan's GDP inched up 3% in Q2

Business spending grew 3.1%.

Business inflows lifted Philippine manufacturing in August

Firms have also boosted purchasing activities, accumulating more input inventories.

China's infrastructure investment growth contracted 1.8% in July

But it could recover amidst the government's policy easing.

ASEAN to become world's fourth largest economy by 2030: Singapore PM Lee

The region is home to four of the world's fastest-growing economies, including Singapore.

Korean firms cut hiring amidst higher wages

It has weakened firms' appetite for investments in the country.

China M&A deal values fell 18% in H1

Domestic strategic M&A crashed 27% to about US$1b.

Postponed HSR project could hurt property development in Malaysia

It could likely hit the residential and commercial property segments.

Asian fintech funding skyrocketed 740% to US$16.8b in H1

Thanks to the US$14b funding round by China's Ant Financial.

Philippine manufacturing faces slumping growth

Slower sales led firms to scale back their production volumes.

Japan's industrial production slipped 2.1% in June

General machinery led the declines in the sector.

Developed Asian markets could slash working hours by 2030

Technological advancements and higher incomes could fuel this change.

Thai banks weather digital fee waiver after profits climb 21% to $963m in Q2

Krung Thai Bank’s net profit more than doubled to $230.08m.

India to close a third of overseas public sector bank branches

Around 70 foreign branches may be shuttered by end 2018.