Asia business news asiaone

Here are some recent Asia business news articles from AsiaOne:

Economy

  1. Singapore's economy grows 1.2% in Q2, beats expectations (August 14, 2022) - Singapore's economy expanded 1.2% in the second quarter, beating expectations and marking a rebound from a contraction in the previous quarter.
  2. China's economy grows 0.4% in Q2, misses expectations (August 17, 2022) - China's economy grew 0.4% in the second quarter, missing expectations and marking a slowdown from the previous quarter.
  3. India's economy grows 13.5% in Q1, fastest pace in 2 years (August 31, 2022) - India's economy grew 13.5% in the first quarter, the fastest pace in two years, driven by a rebound in consumer spending and investment.

Companies

  1. Grab to go public in US via SPAC merger (August 11, 2022) - Southeast Asian ride-hailing giant Grab is set to go public in the US through a merger with a special purpose acquisition company (SPAC).
  2. Tencent Music to raise up to $1.2 billion in Hong Kong IPO (August 18, 2022) - Tencent Music, China's largest music streaming service, is planning to raise up to $1.2 billion in an initial public offering (IPO) in Hong Kong.
  3. Samsung Electronics to invest $17 billion in new chip plant in South Korea (August 25, 2022) - Samsung Electronics, the world's largest chipmaker, is planning to invest $17 billion in a new chip plant in South Korea to meet growing demand for semiconductors.

Technology

  1. Alibaba's Ant Group to launch digital bank in Singapore (August 10, 2022) - Ant Group, the financial services arm of Chinese e-commerce giant Alibaba, is planning to launch a digital bank in Singapore, marking its first foray into the Southeast Asian market.
  2. TikTok owner ByteDance to launch new e-commerce platform in India (August 22, 2022) - ByteDance, the owner of popular short-video app TikTok, is planning to launch a new e-commerce platform in India, aiming to take on established players like Amazon and Flipkart.
  3. Singapore's Grab to launch digital payment service in Indonesia (August 26, 2022) - Grab, the Southeast Asian ride-hailing giant, is planning to launch a digital payment service in Indonesia, marking its first foray into the country's digital payments market.

Finance

  1. Singapore's DBS to acquire Indonesian bank PT Bank Danamon (August 12, 2022) - DBS Group Holdings, Singapore's largest bank, is planning to acquire PT Bank Danamon, one of Indonesia's largest banks, for $7.4 billion.
  2. Hong Kong's Hang Seng Index falls 2.4% as China's economy slows (August 16, 2022) - The Hang Seng Index, Hong Kong's main stock market index, fell 2.4% as China's economy slowed and investors worried about the impact on the global economy.
  3. India's RBI keeps interest rates unchanged, inflation concerns rise (August 30, 2022) - The Reserve Bank of India (RBI) kept interest rates unchanged, citing concerns over inflation and the impact of rising commodity prices on the economy.

These are just a few examples of recent Asia business news articles from AsiaOne. If you're looking for more information, I can try to help you with that!