Insights
31-May-18 China’s trade surpluses are declining in a shift that will see less of its excess savings recycled into global capital markets. With the US Federal Reserve shrinking its balance sheet and raising interest rates, Treasury yields are at their highest since 2011, putting strains on nations that borrowed dollars. Turkey’s central bank has been forced into emergency action to shore up its currency, while Argentina has sought external help. [Image: The Star online]
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Insights
30-May-18 E-commerce giant Alibaba will inject some of its online pharmacy business into a listed unit in a deal valued at USD1.35 bn. Under the deal, Alibaba Health Information Technology will buy Ali JK Nutritional Products Holding. [image: Bloomberg]
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Insights
29-May-18 Alibaba Group is leading the purchase of 10% of Chinese delivery service ZTO Express for USD1.4 bn, a deal that will augment its ability to ship packages around the globe. [image: Bloomberg News]
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Insights
25-May-18 The prospect of tens of millions of digital payment customers in Indonesia is too much for digital companies and investors to ignore. The likes of SoftBank, Ant Financial, and Didi-Chuxing are injecting billions of dollars to gain a foothold. [image: Global Growth Markets]
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Insights
24-May-18 Boustead Singapore is acquiring 100% of WhiteRock Inc, a group of 16 equipment and health services companies for rehabilitative care, sleep care and sports science, operating in Singapore, China, Hong Kong, Malaysia and Thailand, for SGD19 mn (USD14 mn). [image: The Edge Singapore]
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