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ASIA • Today
Huawei 5G kit must be removed from UK by 2027
July 14, 2020
The government is also banning telecoms firms from buying new Huawei 5G kit after 31 December.
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China News
H1 property investment plummets
July 13, 2020
Real estate investment in Shanghai plunged in the first half of 2020 to around 40 billion yuan (US$5.7 billion), with owner occupiers being active players, global property adviser Savills said in a recent
Japan News
Nurse who helped at Kumamoto evacuation centers tests positive for coronavirus
July 14, 2020
A total of some 400 evacuees and relief workers from Kumamoto and other prefectures may have had contact with the man, according to authorities.
Lawmaker received ¥1 million in casino bribery scandal
July 14, 2020
A Japanese ruling party lawmaker has admitted to receiving ¥1 million ($9,300) from a Chinese gambling operator interested in joining Japan’s nascent casino market, sources ...
India News
Infosys wins large contract from US firm Vanguard
July 14, 2020
Infosys and investment firm Vanguard have signed a large multi-year IT contract to deliver a technology-driven approach to plan administration and reshape the corporate retirement plan experience for the latter's sponsors and participants.
NPAs may witness unprecedented increase in 6 months: Rajan
July 14, 2020
Sounding a note of caution, former RBI governor Raghuram Rajan on Tuesday said non-performing assets (NPAs) of the banking sector are likely to witness unprecedented increase in the next six months and the sooner the problem is recognised the better it would be.
News Report
U.K. Bars Huawei From 5G Network, Raising Tensions With China
July 14, 2020
Banning the use of the Chinese tech giant’s equipment in high-speed wireless infrastructure is a major reversal by Prime Minister Boris Johnson — and a big victory for the Trump administration.
U.S. and China, Caught in ‘Ideological Spiral,’ Drift Toward Cold War
July 14, 2020
Relations are in free fall. Lines are being drawn. As the two superpowers clash over technology, territory and clout, a new geopolitical era is dawning.
News Analysis
China sanctions Lockheed Martin over Taiwan arms sales, but impact is minimal
July 14, 2020
The move comes amid a broader deterioration in relations between Beijing and Washington.
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ASIA • Business
Rusal presses Vladimir Potanin to shake up Norilsk after Arctic spill
July 14, 2020
Leading shareholder slams ‘collective inertia’ of directors at metals group controlled by billionaire
Offshore investors dump China stocks after ‘incredible’ rally
July 14, 2020
Funds outside the mainland sell a record $2.6bn of Chinese stocks in a day
Business Report
Business News
Asia stocks jump as hopes for a coronavirus vaccine rise
July 15, 2020
Biotech firm Moderna's potential vaccine to prevent Covid-19 produced a "robust" immune response, or neutralizing antibodies, in all 45 patients in its early stage human trial, according to newly released data published in the peer-reviewed New England Journal of Medicine.
Trump says U.S. would have half the number of coronavirus cases if it did half the testing
July 14, 2020
Trump said that while coronavirus testing "is a good thing," it has also served as "fodder for the fake news to report cases."
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced 'robust' immune response
July 14, 2020
Moderna's potential vaccine to prevent Covid-19 produced neutralizing antibodies in all 45 patients in its early stage human trial, according to newly released data.
CDC study recommends mask mandates to battle coronavirus after tracking infected stylists at Missouri hair salon
July 14, 2020
"Broader implementation of masking policies could mitigate the spread of infection in the general population," the researchers wrote.
China Business
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India Business
Business Analysis
These Explosives-Slinging Vehicles Would Lead Any Chinese Invasion
July 14, 2020
A Chinese invasion of Taiwan could succeed or fail on the beaches. The PLA in recent weeks has published high-quality photographs of no fewer than three different 'assault-breacher' vehicles that, during an amphibious assault, could attempt to destroy Taiwanese minefields and other fortifications.
Korea’s Reveals ‘New Deal’ Designed To Boost Jobs, Revive Sagging Economy
July 14, 2020
South Korea’s President Moon Jae-in is introducing a “New Deal” to combat the economic setbacks caused by the coronavirus and sharply declining exports of Korean manufactured goods.
Australia’s Woodside Petroleum Writes Off $4 Billion Due To Low Oil Prices
July 14, 2020
Low oil prices claimed another victim earlier today when Woodside Petroleum, Australia’s leading oil and gas producer, unveiled a $3.92 billion asset-value write-down.
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ASIA • Markets
Wall Street falls further as earnings season kicks off
July 14, 2020
Investors lodged in ‘zone of uncertainty’ as US coronavirus outbreak worsens
Asian Market Indices

The NIKKEI Index - Top 225 Blue Chip Japanese Companies
The HANG SENG Index - Top 50 Blue Chip Chinese Companies
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Market Pulse
Forbes Media Asia CEO joins Yeo Hiap Seng's board as director
July 14, 2020
WILLIAM Peter Adamopoulos, chief executive of Forbes Media Asia, has been appointed a non-independent and non-executive director of Singapore beverage company Yeo Hiap Seng (YHS), the mainboard-listed company said in an exchange filing.
GuocoLand CFO Lim Yoke Tuan resigns; no replacement named yet
July 14, 2020
PROPERTY developer GuocoLand's group chief financial officer (CFO) has resigned after two years at the job, the mainboard-listed company said in an exchange filing on Tuesday.
STI drifts 10.89 points lower to 2,620.19 after Q2 GDP advance estimates, pharma stocks jump
July 14, 2020
REGIONAL markets were broadly softer on Tuesday, following an overnight dip in US technology heavyweights that weighed on the S&P500 index.
Koon Holdings to wind up precast division; sells stake in Australian firm
July 14, 2020
KOON Holdings on Tuesday said it has decided to wind up its precast division, so as not to jeopardise the group's ongoing restructuring.
Singtel in tie-up to enable wireless eSIM changes between China, Singapore
July 14, 2020
SINGAPORE Telecommunications (Singtel) is collaborating with China Unicom and mobile alliance Bridge Alliance to let enterprise customers of both telcos make embedded SIM (eSIM) changes wirelessly, without having to manually configure their SIM cards to change networks in China or Singapore.
Keppel desalination plant in Marina East begins commercial operations
July 14, 2020
SINGAPORE’S fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP), started commercial operations on June 29.
Forex Markets
Currency markets continue to lose momentum
July 14, 2020
Lack of movement could signal US rally Could a breakout for the US dollar be just around the corner?
Currency markets continue to lose momentum
July 14, 2020
Lack of movement could signal US rally Could a breakout for the US dollar be just around the corner?
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ASIA • Economy
China creates Hainan special health care zone to tap growing medical tourism market
July 14, 2020
This is the final story in a three-part series examining China’s plan to transform Hainan into an internationally influential ‘free-trade port’, as Beijing faces what it perceives to be an increasingly hostile international environment. You can read the first and second stories in the series here.From beautiful legs to beating hearts, China plans to tap its vast market for health tourism by transforming tropical Hainan into a destination for cutting-edge medical treatment.As part of its…
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ASIA • Insights
Why has the pandemic spared the Buddhist parts of South-East Asia?
July 11, 2020
Cambodia, Laos, Myanmar, Thailand and Vietnam have had only tiny outbreaks
NGOs in China have helped the government provide covid-related relief
July 11, 2020
That will not earn them more freedom
The Philippines’ fierce lockdown drags on, despite uncertain benefits
July 11, 2020
Enforcement has been vigorous but patchy
Australia’s second city faces a new wave of contagion
July 11, 2020
This time, a targeted lockdown will be even tighter than before
Democracy activists fleeing Hong Kong present a dilemma for Taiwan
July 11, 2020
The government sympathises with their cause, but is wary of helping them too openly
Under a new national-security law, Hong Kong is already a changed city
July 11, 2020
Residents have long feared that it might turn into just another Chinese city. That is happening, fast
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ASIA • Calendar

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