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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.
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.
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."
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.
Editor Sidelines, April/May 2024: Asia's Diversity Of Strengths
Asia companies often succeed by playing to their country's niche of expertise
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.
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
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.
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.
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?