Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
Tag: Asia
Ray Dalio Sees More Pain Ahead in This Debt Cycle
Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
Come to Thailand! Linking Web3 Eco-Innovation in Southeast Asia
Place/Date: – November 11th, 2022 at 11:18 am UTC · 2 min read Contact: AC Capital, Source: AC Capital Blockchain Thailand Genesis 2022, Thailand’s largest blockchain event, will be held from No...
Asia Rally May Just Be ‘False Dawn’ as Fed Isn’t Done With Hikes
(Bloomberg) — Amid a broad Asia rally on expectations for a dovish shift from the Federal Reserve, some strategists warned the market reaction may be excessive. Most Read from Bloomberg Asian bo...
Asia’s Former Richest Woman Sees Wealth Demolished By China’s Property Woes
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Country Garden’s Fengming Haishang residential development in Shanghai. Qilai Shen/Bloomberg This story is part o...
Singapore Caregiving Platform Homage Hustles To Keep Up With Demand For Care As Asia Ages
As Asian populations grow older, Homage CEO Gillian Tee is growing the digital platform’s pool of caregivers, nurses and doctors to meet rising demand. Gillian Tee was 10 when the elderly nanny ...
This Fund Thinks Southeast Asia Looks Ripe For Investment, And Here’s Why
S&P Global Market Intelligence predicts that the Asia-Pacific region will dominate the world’s growth in the coming year, generating positive real GDP while the U.S. and Europe likely fall i...
Middle East And Central Asia Face Renewable Energy Bill Of Up To $884 Billion, Says IMF
Solar panels with sunset and blue sky background. Clean power energy concept getty Countries in the Middle East and Central Asia may have to spend $884 billion on developing renewable energy plants be...
Asia Pacific Peer-To-Peer Electric Vehicle Charging Market Report 2022: Potential to Increase Viability of EVs Driving Development & Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Asia Pacific Peer-To-Peer Electric Vehicle Charging Market Size, Share & Industry Trends Analysis Report By Application (Residential and Commercial), By Charger Type (L...
SBF thinks Hong Kong could become the Web3 hub of Asia
FTX founder Sam Bankman-Fried (SBF) spoke at Hong Kong’s FinTech Week 2022 and said that Hong Kong had real potential to become the Web3 hub of Asia, as reported by Forkast News. SBF said that locatio...
FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sect...
Billionaire Wee Cho Yaw’s UOB Profit Jumps As Bank Poised To Takeover Citibank Franchise In Southeast Asia
Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), attends a news conference … [+] in Singapore, on Friday, Feb. 22, 2019. Photographer: Ore Huiying/Bloomberg © 2019 Bloo...
Japan’s And China’s Falling Currencies Should Raise Concerns For Asian Markets
getty The Japanese yen and Chinese yuan are as different as chalk and cheese. The yen is free floating and the yuan is rigidly controlled. But as the dollar strengthens in Asia due to the U.S. Federal...
MECI And FYI Entertainment’s New Partnership To Open Opportunities For Business Cooperation And Marketing In Southeast Asia
Advertisement     MECI COIN, A P2E blockchain gaming platform, announced its partnership with FY Entertainment for joint marketing and business cooperation. The two ha...
Super wealthy investors in Asia keen on crypto, study shows
A new study suggests that in Q2 2022, most family offices (FOs) and wealthy investors in Singapore and Hong Kong were investing in digital assets. KPMG China and Aspen Digital released a report on Mon...
Alibaba, Tencent, Other Chinese Stocks Are in Free Fall. It’s About Xi Jinping.
Shares in Chinese companies were plunging Monday as markets reacted to the consolidation of power by President Xi Jinping, after he was confirmed to a historic third term as leader of the world’s seco...
UAE offers financing and residency to blockchain companies in Asia and Europe
Join Our Telegram channel to stay up to date on breaking news coverage The United Arab Emirates is planning to attract technology companies based in Asia and Europe. The UAE is attracting these firms ...
Vauld seeks another four months of protection against creditors
Troubled Asian crypto lender Vauld needs more time to sort out its financial problems, as the firm has applied for another four months of protection against creditors, according to court documents obt...
Australia, India, Southeast Asia Stores Help Boost Uniqlo Operator’s Profits
Billionaire Tadashi Yanai, chairman and chief executive officer of Fast Retailing. Akio Kon/Bloomberg Japanese billionaire Tadashi Yanai’s Fast Retailing, the operator of clothing chain Uniqlo, ...
China’s air traffic drops 50% YoY making Asia Pacific no longer world’s largest travel region
Stringent Covid-19 curbs in China are reducing the economy’s flexibility, with holiday tourists and flights in general far lower compared to pre-pandemic days. The newest data from the Center for Avi...
Strong Dollar Is ‘Wrecking’ Asia’s 2023 Hopes, Too
getty When lexicographers make lists of the top phrases of 2022, the “wrecking ball” moniker economists attached to the dollar is sure to rank prominently. A dominant theme of the first 10-plus months...
More flights in Asia may cause airfares to fall, but it may take time
Many flights that were canceled during the pandemic are returning to the skies this month. Last week, Singapore Airlines and Scoot announced they’re adding dozens of flights to cities across Asi...
FTX Rolls Out Visa Debit Card to Europe, Asia, and Latin America
FTX exchange will launch a Visa debit card in 40 countries to allow its customers to pay for goods and services using crypto. The card will initially roll out to FTX customers in Latin America, Europe...
Asia Society Launches New Center For China Analysis As ‘A Think And Do Tank’
The Asia Society formally launched a Center for China Analysis with an event in New York on Monday, … [+] Oct. 3. From left to right: China Strategies Group President Chris Johnson, Asia Society...
Crypto Bank Anchorage Digital To Make Entry into Asia
Anchorage Digital is making an entry into Asia with five new partnerships in the region. The institutional crypto platform has partnered with cryptocurrency exchange Bitkub, asset management firm Drea...
ACA Group decides to give up on BitFlyer Holdings acquisition: Nikkei
The ACA Group, which has bases in Singapore and Japan, has decided to give up on the planned acquisition of BitFlyer Holdings, which owns a crypto exchange in Japan, Nikkei reported today in its Japan...
Arthur Cheong’s DeFiance Capital raising $100 million to invest in liquid tokens
DeFiance Capital, the crypto venture capital firm that recently distanced itself from bankrupt crypto hedge fund Three Arrows Capital (3AC), is in the process of raising a $100 million fund to invest ...
Growth Stocks Lead Asia Lower
China Last Night KraneShares Key News Asian equity markets were down with an emphasis on growth stocks in contradiction with Treasury Secretary Yellen’s comments that markets are functioning wel...
Factors driving growth in Southeast Asia
The Southeast Asian nation of Vietnam now ranks among the top nations adopting cryptocurrencies. Indeed, the country has ranked first on Chainalysis’ Global Crypto Adoption Index for two years in a ro...
Asia GameFi opportunity huge as gamers don’t hate NFTs
Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same vitriol toward nonfungible tokens (NFTs) as they do in the West...