Belt and Road maps show how far China’s freight railways run in Asia

Belt and Road maps show how far China’s freight railways run in Asia

The first freight train of the Lancang-Mekong Express will depart Kunming, China on January 10, 2022, for the 26-hour journey to Vientiane, the capital of Laos. China News Service | China News Service | Getty Images BEIJING – Over the past two years, China has announced the opening of new freight trains, and cross-border railways…

HSBC shareholders to vote on spinoff proposal at annual meeting

HSBC shareholders to vote on spinoff proposal at annual meeting

HSBC Holdings Plc Chief Executive Officer Noel Quinn (right), Chairman Mark Tucker center, and Vice Chairman Peter Wong at the bank’s shareholders’ meeting in Hong Kong, China, Monday, April 3, 2023. Hong Kong shareholders, from retirees to taxi drivers, are trying to fend off pressure in Asia to break up the bank. Photo by Paul…

Top 15 companies to work for in Singapore in 2023

Top 15 companies to work for in Singapore in 2023

LinkedIn has released its annual list of top companies to work for in Singapore. Banks and information technology companies dominated the 2023 list. The list of top companies also saw a major reorganization this year. This is a testament to “Singapore’s strong business ecosystem,” according to the Professional Networking Platform. Compared to 2022, this year’s…

China’s banking troubles not the same as Silicon Valley Bank: economist

China’s banking troubles not the same as Silicon Valley Bank: economist

The offices of Silicon Valley Bank in Tempe, Arizona on March 14, 2023. – In hindsight, before last week’s epic collapse of Silicon Valley banks, there were warning signs that not only investors but bank regulators missed. Why the oversight failed remains a hot question among banking experts, with some focusing on the weakness of…

Asia private equity 2022 deals fell 44%; uncertainty ahead

Asia private equity 2022 deals fell 44%; uncertainty ahead

According to Bain & Company, the Asia-Pacific private equity market plunged last year as investor appetite for risk declined in the face of inflation and geopolitical tensions. The region’s total transaction value will plunge 44% to reach $198 billion in 2022, the global management and consulting firm said in a report Tuesday. This compares with…

India is starting to love electric vehicles with two wheels

India is starting to love electric vehicles with two wheels

Tata Power’s electric vehicle charging stations are installed on 350 of India’s 600 highways. Puneet Vikram Singh, nature and concept photographer | Moments | Getty Images When most people think of electric vehicles, they think of cars. from brands such as Tesla When Rivian in the United States, Nio When XPeng Global sales of electric…

How Singaporean built thriving toy business

How Singaporean built thriving toy business

“I’m not the best artist. I’m terrible,” said Jackson Au with a sheepish laugh. That may seem ironic given the 32-year-old founder and CEO of Singapore’s designer toy company Mighty Jaxx. But for Aw, acknowledging his own shortcomings helped turn his startup into a multi-million dollar international toy business. “It’s … the recognition that you…