Thursday, January 17 2019 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
SINGAPORE - Data releases since the beginning of 2019 show that the manufacturing PMIs of Asian economies have undershot expectations, as has inflation, says a new research note from ANZ Bank.
SINGAPORE - Portfolio flows into Asia ex-China turned negative in December after a short recovery the previous month, giving the region total net outflows of USD25.9 billion for calendar year 2018 - the first full-year outflow since 2008, says ANZ Bank.
HONG KONG - China's worsening cyclical condition calls for a stimulus package which could buffer its structural slowdown. This will imply additional borrowing and, thus, more leverage and lower potential growth down the road, Nataxis, the French banking group, says in a new research note.
BEIJING - China's express delivery sector handled 50.5 billion parcels in 2018, up 25.8% year-on- year, data from the State Post Bureau (SPB) shows.
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THE StartmeupHK Festival, a week-long celebration of the Hong Kong's startup ecosystem, will be staged by InvestHK for a third year, bringing together startups, seasoned entrepreneurs and investors.
Hong Kong's startup ecosystem now hosts seven official unicorns across sectors as diverse as logistics, AI, FinTech, hardware, travel technology and cryptocurrency trading.
