Asia Pacific

New Business

Singapore joins ‘highly transparent’ real estate market ranking, surpasses Hong Kong

Singapore joined the world’s best real estate market in terms of transparency for the first time, outranking Hong Kong after…

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Tech

IBM lay-offs at China R&D teams send shock waves across local tech community

Chinese employees at US computing giant IBM, once considered a cradle of mainland engineers, have expressed dismay over a terse…

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New Business

Regulatory, geopolitical uncertainties cloud M&A activity in China: Deloitte

“Uncertainty is a big word, and [it] has been affecting confidence,” said Stanley Lah, strategy and transactions national leader at…

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New Business

Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

Huawei is already working with weather forecasters in Thailand to adopt Pangu LLM, while also collaborating with various industries such…

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New Business

China hogs APAC fintech funds in first half amid global decline, investor caution: KPMG

China was one of the top destinations for fintech investments in Asia-Pacific (APAC) in the first half of the year,…

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New Business

China’s private capital fundraising sinks to record low of US$3.4 billion on poor outlook

China-focused private capital fundraising tumbled to a new low of US$3.4 billion in the second quarter as investors turned their…

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New Business

Hong Kong, mainland China weigh on Asia-Pacific office rents amid high vacancy: report

In terms of quarter-on-quarter change, Shanghai, Shenzhen, Guangzhou, Hong Kong and Beijing were also among the laggards, with rents decreasing…

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New Business

Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth

“There is not one of our Asian markets where I would say that there is no growth. Asia-Pacific will drive…

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New Business

Asia-Pacific firms more vigilant about investments amid geopolitics: Deloitte survey

Asia-Pacific companies are monitoring their portfolios more closely than before amid mounting pressures to review underperforming assets, divest noncore businesses…

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Tech

Chinese tech companies face increased EU compliance costs amid bloc’s new AI rules

The world’s first comprehensive artificial intelligence (AI) rules, which will come into effect throughout the European Union (EU) on August…

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