Bloomberg Infosys Ltd. slashed its annual revenue forecast, as the Indian software outsourcing giant deals with the aftermath of a boardroom coup that forced out its top executive. The software exporter is now forecasting 6.5 percent to 7.5 percent growth in revenue in the year ending March in US dollar terms, versus the 7.6 percent rise analysts were anticipating. That ...

Bloomberg The distributor of Nike Inc.’s Converse brand in Thailand is hopeful of a revival in consumer spending once a yearlong mourning period for King Bhumibol Adulyadej ends on October 29. Whether Rich Sport Pcl Chief Executive Officer Papitch Wongpaitoonpiya is proved right will help to determine the strength of a rebound in the Thai economy, since household consumption is ...

Bloomberg Singapore is experiencing a surge in venture capital fundraising, reflecting growing interest in Southeast Asia’s startups. This month, Vertex Ventures and two other venture-capital firms completed fundraising efforts in the city, each with their largest fund yet. In September, East Ventures, which made early bets on successful startups like Tokopedia and Traveloka, raised $30 million that will go toward ...