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PREMIUM20 hours ago

Malaysian Tycoon Shamsuddin’s Sapura Energy To Sell Gas Producer To TotalEnergies For $705 Million

Malaysian tycoon Shahril Shamsuddin's Sapura Energy is selling 50% of natural gas producer SapuraOMV Upstream to TotalEnergies for $705 million.

ByYessar RosendarForbes Staff
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PREMIUM21 hours ago

China’s Milk Tea Tycoons Struggle To Stay Afloat In Over-Brewed Market

China’s milk tea industry minted several billionaires, but they are struggling to hold onto their wealth due to extreme competition.

ByYue WangSenior Contributor
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Apr 22, 2024

Fitch Takes A Dim View Of China’s Financial Outlook

This credit credit-rating agency has joined Moody’s in allowing China to keep its still-high rating but downgrading the country’s "outlook."

ByMilton EzratiSenior Contributor
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PREMIUMApr 22, 2024

Chinese EV Mogul Loses Almost Half His $10 Billion Fortune In A Month

Li Xiang, founder of Chinese electric vehicle maker Li Auto, has seen his $10 billion wealth shrink almost in half in a little more than a month.

ByYue WangSenior Contributor
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Apr 21, 2024

Editor Sidelines, April/May 2024: Asia's Diversity Of Strengths

Asia companies often succeed by playing to their country's niche of expertise

ByJustin DoebeleForbes Staff
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PREMIUMApr 21, 2024

Meet The Billionaire Betting Big On An Idyllic Island Retreat In The Philippines

Inside Andrew Tan's $720 million eco-tourism project in the country’s pristine beachside paradise.

ByJonathan BurgosForbes Staff
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PREMIUMApr 20, 2024

Billionaire’s Snack Flagship Changes Growth Recipe As China Pace Slows

Want Want China aims to expand beyond China, boost sales of low-alcohol beverages and promote private label business, executive director Kevin Tsai told Forbes

ByRussell FlanneryForbes Staff
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Apr 20, 2024

China’s 5.3% Magic Trick Doesn’t Disappear Deflation

There are two problems with this stronger-than-expected year-on-year gain in the first quarter. One, this economic equivalent of a magic trick masks hints of weakness. Two, it might give Beijing the mistaken impression that its job is done to defeat deflationary pressures.

ByWilliam PesekSenior Contributor
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PREMIUMApr 18, 2024

Billionaire Kwek’s CDL Steps Up Divestments With Singapore Mall Sale

City Developments—controlled by billionaire Kwek Leng Beng—is stepping up divestments with plans to sell an old shopping mall in Orchard Road.

ByJonathan BurgosForbes Staff
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Apr 18, 2024

The Analogue Pocket Finally Gets Its Extra Adapters And They Are Great

Back when I reviewed the amazing Analogue Pocket in 2021, it fulfilled so many of my classic handheld desires. So how does it fare with these three new adapters?

ByOllie BarderContributor