Rosatom

Russia’s Rosatom, Cambodia Sign Nuclear Energy Deal

Russia’s Rosatom State Atomic Energy Corporation and National Council for Sustainable Development of the Kingdom of Cambodia signed two documents - Memorandum on Nuclear...
China Economy

China’s Economy Seen To Grow 6.7% in Q2

The State Information Center, an official think-tank affiliated with the National Development and Reform Commission, has predicted China’s economy to grow 6.7 percent in...
Yellow Cab Pizza

Yellow Cab Pizza To Open Stores in M. East

Yellow Cab Pizza is set to open stores in Egypt and Jordan as its owner, Max’s Group, Inc. (MGI), continues to aggressively expand its international...
Southeast Asia

Chinese Investors Eye Southeast Asia As Next Destination

Southeast Asia is now the top investment destination for a number of large Chinese corporations over the next three years, following a record-breaking first quarter...
Microsoft Philippines

Microsoft Philippines Announces Technology Manifesto

CEBU CITY – Microsoft Philippines announced here the “ICT for Shared Prosperity: A Technology Manifesto for the Philippines, 2016 and Beyond”, which identifies national...
Chicago Stock Exchange

China-Led Group Buys Chicago Stock Exchange

A China-led consortium of investors has reportedly acquired the Chicago Stock Exchange (CHX), one of the oldest stock exchanges in the United States, for...
Singapore Airlines

Singapore Airlines Now Owns More Than 90% of Tiger Airways

Singapore’s flagship carrier, Singapore Airlines (SIA), has announced that it will take steps to delist Singapore-headquartered budget airline Tiger Airways as SIA now holds...
Jollibee

Jollibee Says Final Purchase Price for Smashburger Acquisition Hits USD100.251M

Further to its October 13, 2015 and October 27, 2015 disclosures, Jollibee Foods Corporation (“JFC”) disclosed today that, in accordance with the post-closing adjustment...
Philippine Stock Exchange

Philippine Stock Exchange is Southeast Asia’s Best Stock Exchange in 2015

The Philippine Stock Exchange, Inc. (PSE) was named the Best Stock Exchange in Southeast Asia for 2015 in the Marquee Awards of the 9th...
BPO Philippines

Philippine Outsourcing Industry Revenue Seen To Hit US$21bn

MANILA, PHILIPPINES - The business process outsourcing (BPO) industry in the Philippines continues to grow at a rapid pace, with experts forecasting the industry...

Alibaba Acquires South China Morning Post, To Take Down Paywall

Chinese Internet giant Alibaba Group agreed to buy the media assets of the South China Morning Post (SCMP) Group, including its English language newspaper...

GPIF, World’s Biggest Pension Fund, Loses USD64 Billion

Japan's Government Pension Investment Fund (GPIF), the world's biggest pension fund, just lost USD64 billion in the last quarter, its worst in comparable data...

Metro Retail Stores Group Raises Php3.61 Billion in Philippine IPO

MANILA - Cebu-based retail company, Metro Retail Stores Group Inc (PSE:MRSGI) raised Php3.61 billion from its initial public offering (IPO) at the Philippine Stock...
Philippine Stock Exchange

Philippine Stocks Gain on Friday After Two-Day APEC Holiday

Philippine stocks rallied on Friday after being closed for two days for holidays, gaining 1.57 percent, the most rise among developing shares, as the...

USD12.2bn Marriott-Starwood Deal To Create World’s Largest Hotel Chain

The world will soon see the largest hotel chain ever after Marriott International Inc announced that it will acquire Starwood Hotels & Resorts Worldwide,...

IMF Staff Proposes Inclusion of Chinese Yuan in SDR Basket

The staff experts at the International Monetary Fund (IMF) said the Chinese yuan or renminbi meets the requirements to be a freely usable currency...

US President Obama, China’s Xi To Attend APEC Summit in the Philippines

Washington and Beijing have both confirmed the presence of US President Barack Obama and Chinese President Xi Jinping during the 2015 Asia Pacific Economic...

China To Resume IPOs

After suspending the public listings since early July, the China Securities Regulatory Commission has reportedly announced that it will resume initial public offerings. According to...

GMA Network Reports Almost 80 Percent Growth In Net Income

PHILIPPINES - GMA Network’s strong financial performance in the first semester continued into the third quarter of 2015 with both its airtime revenues and...
Philippine Stock Exchange San Miguel Corporation

Philippine Stocks Up While Most Asian Shares Decline

PHILIPPINES - Asian stocks moved in and out of the red in today's trading session due to a slowdown in China's manufacturing sector in...