Yuan Gains After PBOC Move, Asian Stocks Climb: Markets Wrap
August 21, 2018

The yuan extended gains following a rally triggered by a surprise China central bank move to make it more expensive to bet against the currency. Asian stocks advanced Monday as the earnings seasons rolls on.

The offshore yuan built on Continue reading

Hong Kongs IPO Takeoff Is Running Out of Runway
August 17, 2018

Brace, brace. Hong Kong’s IPO takeoff is going to come to a screeching halt.

There’s a flood of deals still in the pipeline, it’s true, from food delivery giant Meituan Dianping to biotech unicorn Innovent Biologics Inc. But investor fatigue is Continue reading

One of the Worlds Hottest Short Sellers Is Changing Tactics
July 11, 2018

Earlier this month, Soren Aandahl scored one of his biggest victories as a short seller when he dramatically took down the leader of a world-famous brand.

In some ways, the resignation of Samsonite International SA’s chief executive officer after Aandahl’s Continue reading

Tencents 60,000% Runup Leads to One of the Biggest VC Payoffs Ever
March 26, 2018

  • Media giant to reduce its stake in Chinese game maker by 2%
  • Sale to reduce valuation gap of share price and Tencent stake

South African media company Naspers Ltd. is cashing in a sliver of one of the greatest venture-capital Continue reading

Asian Stocks Fall as Traders Await Powell Hearing: Markets Wrap
March 20, 2018

Asian stocks started March on a weak footing after U.S. shares tumbled in afternoon trading Wednesday. Treasuries and the dollar held gains as traders awaited a second appearance from Federal Reserve Chairman Jerome Powell, whose comments riled markets earlier this Continue reading

For Chinas Wealthy, Singapore Is the New Hong Kong
February 11, 2018

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading

Qatar Airways Buys Cathay Pacific Stake for $662 Million
November 7, 2017

Qatar Airways Ltd. agreed to acquire a stake in Cathay Pacific Airways Ltd., a deal that would help it gain a foothold in the world’s second-biggest aviation market.

The Middle Eastern carrier will buy 9.6 percent of Cathay from Continue reading