China Tech Stocks’ Narrowing Losses Signal Market Is On the Mend
By Ishika Mookerjee(Bloomberg) — The rout in China’s largest tech stocks is becoming less severe with each passing bout this year, signaling to some investors that confidence is slowly returning with regulatory headwinds seen to have peaked. The peak-to-trough decline in the first quarter was more than 21%, which has narrowed in subsequent episodes of […]
China’s Markets Throw Off Gloom for Now as Xi Offers Lifeline
(Bloomberg) — For the day at least, the optimists are driving China’s markets on bets Beijing is finally adopting a more aggressive growth policy, and will soon unveil a series of supportive measures. The Politburo statement on Monday is spurring rallies in Chinese stocks, the yuan and the dollar bonds of developers after weeks of […]
Finding the right people for the family office
Fancy a seat at the rich man’s table, managing his money? Family offices are a growing sector but there is a shortage of people with the right skills and temperament to do the job. With so many family offices setting up shop in Singapore, the sector looks set to pay dividends in terms of job […]
Investing, the family office way
Family offices may tap certain tax incentive schemes when they set up in Singapore and interest is certainly growing. Q: There has been a lot of talk lately about family offices. What do those based here invest in? A: Family offices are part of the asset management industry, which is in itself a key component of […]
LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M
Danish company LMS365, an online learning management system (LMS) built for use inside Microsoft products, has raised $20 million in its first institutional round of funding. Used by companies including logistics giant Hellmann and soda bottling franchise G&J Pepsi, LMS365 allows users to create their own courses from scratch or import them from a third-party such as Go1 or LinkedIn Learning, which […]
Chinese stock bulls dealt a blow as National People’s Congress underwhelms
(March 10): For all the hype in the run-up to the National People’s Congress (NPC), Chinese stocks bulls were left in the lurch as a terrible week for global markets compounded a sell-off spurred by a lack of major policy incentives. It all began on Monday (March 6) as a consensus-lagging economic growth target of […]
Chinese Stock Bulls Dealt a Blow as Congress Underwhelms
(Bloomberg) — For all the hype in the run-up to the National People’s Congress, China stocks bulls were left in the lurch as a terrible week for global markets compounded a selloff spurred by a lack of major policy incentives. Most Read from Bloomberg It all began on Monday as a consensus-lagging economic growth target […]
Chinese stocks rebound after terrible month on upbeat data
(March 1): Chinese markets rallied as unexpectedly strong manufacturing data suggested that the economic recovery is gathering pace, emboldening traders to pile in after weeks of heavy selling. The Hang Seng China Enterprises Index jumped 5.1% helped by tech and property stocks, rebounding after a loss of more than 11% in February. The Hang […]
Opportunities during pandemic propel health-tech firm Doctor Anywhere into fastest-growing list
Mr Lim Wai Mun founded Doctor Anywhere in 2017. PHOTO: DOCTOR ANYWHERE SINGAPORE – Mr Lim Wai Mun founded Doctor Anywhere in 2017, before teleconsultations gained widespread acceptance here amid the Covid-19 pandemic. He and his team continue to have deep discussions on how the health-tech company can tap technology like artificial intelligence (AI) and machine […]
China Set to Fine Ant More Than $1 Billion, Reuters Reports
China Set to Fine Ant More Than $1 Billion, Reuters Reports (Bloomberg) — Chinese authorities are planning to impose a fine of more than $1 billion on Jack Ma’s Ant Group Co., paving the way for the ending of a regulatory overhaul of the financial technology firm, Reuters reported, citing people familiar with the matter. […]