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Archive for the ‘World’ Category
Singapore getting trounced in IPOs by South-east Asian neighbours

Singapore getting trounced in IPOs by South-east Asian neighbours

Singapore’s reign as the premier destination for initial public offerings in South-east Asia has come to an end. Its exchange had the smallest haul of new share sales among the region’s four largest stock markets in 2015. Listings this year on South-east Asia’s biggest bourse have totalled US$34 million (S$45.9... 

Indonesia slams brakes on multi-billion dollar Chinese high-speed rail collaboration thanks to tardy homework

Indonesia slams brakes on multi-billion dollar Chinese high-speed rail collaboration thanks to tardy homework

A high-profile joint Chinese/Indonesian high-speed railway project in Indonesia has been delayed due to insufficient paperwork, announced the country’s Transport Minister on Wednesday. Minister Ignasius Jonan revealed at a hearing of the House of Representatives that the transport ministry has been unable to issue permits... 

China’s GDP growth lives down to expectations at a 25-year-low 6.9 percent

China’s GDP growth lives down to expectations at a 25-year-low 6.9 percent

  On Tuesday the National Bureau of Statistics of China released much-anticipated data for the country’s GDP growth. To virtually no one’s surprise, 2015 was reportedly subject to the Middle Kingdom’s lowest economic growth rate since 1990. Specifically, China’s GDP grew 6.9% last year, a decline... 

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