Recent Posts

Huawei sees slowest growth in years as it takes on Apple

Bloomberg Huawei Technologies Co. warned of its slowest revenue growth since 2013, despite making headway against Apple Inc. in global smartphones. Revenue at China’s biggest telecommunications gear maker probably rose 15 percent to $92 billion in 2017, rotating Chief Executive Officer Ken Hu said in a letter to staff posted on the company’s verified WeChat account. That’s down from 2016 ...

Read More »

China’s Fosun plans to raise $3.2 billion selling local bonds

Bloomberg Fosun Group is planning to raise as much as $3.2 billion selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments inside the country, according to people familiar with the matter. Fosun unit Shanghai Fosun Hi Technology Group Co. intends to offer 6 billion yuan of medium-term notes after completing registration in 2017, the people ...

Read More »

Singapore’s GDP grew 3.5% in 2017, says PM Lee

Bloomberg Singapore’s economy expanded 3.5 percent in 2017, more than double the initial government forecast as the country benefited from the global economic upswing, Prime Minister Lee Hsien Loong said in his New Year message. Lee said the city-state would press on with economic restructuring and infrastructure projects such its fifth airport terminal as well as review healthcare policies to ...

Read More »
Send this to a friend