Press releases about business, cryptocurrency, fintech and more news in Hong Kong and Asia

IHH Healthcare’s $1.8b offer for Ramsay-Sime Darby JV falls through

SINGAPORE – IHH Healthcare’s discussions to fully acquire Ramsay Sime Darby Health Care (RSDHC) for RM5.67 billion (S$1.8 billion) have been terminated, the Malaysian healthcare provider announced on Friday (Sept 9). Earlier in March this year, the group revealed it had submitted a confidential, conditional, non-binding, indicative proposal to Australian multinational healthcare provider Ramsay Health […]

DECOMAN from Hong Kong Utilizes Technologies to Go Global, Two More Markets in the APAC Region this year

SEOUL, SOUTH KOREA, Sep 5, 2022 – (ACN Newswire via – HK DECOMAN Technology Limited (“DECOMAN”) is now expanding its footprint in Korea to capture the opportunities of growing demand for its services. With the Taiwan expansion begun in January, this is the second APAC market DECOMAN entered in 2022. Coworking space at the […]

Climate change official: Pakistan floods affected over 30m people

People navigate through flooded roads after heavy monsoon rains, in Hyderabad, Pakistan, Aug 24, 2022. (PERVEZ MASIH / AP) KARACHI, Pakistan – Historic monsoon rains and flooding in Pakistan have affected more than 30 million people over the last few weeks, the country's climate change minister said on Thursday, calling the situation a "climate-induced humanitarian […]

UN chief forms fact-finding team for Donetsk prison attack

UN Secretary-General Antonio Guterres holds a joint press conference with the Turkish National Defense Minister at the Joint Coordination Center established in Istanbul for the safe shipment of grain products from the Black Sea region in Istanbul on Aug 20, 2022. (YASIN AKGUL / AFP) UNITED NATIONS – UN Secretary-General Antonio Guterres on Monday appointed […]

Why Asian equities and fixed income may be worth looking at

In the first half of the year, Russia’s invasion of Ukraine sharply exacerbated the inflation pressures that are depressing economic sentiment and raising expectations of more aggressive monetary policy tightening. That, in turn, is driving rising recession concerns that are weighing on global financial markets.  On the flip side, a weaker growth outlook also means […]