Hong Kong Retains Top Ranking as Asia Pacific’s Most Expensive Retail Destination
Cushman & Wakefield (NYSE: CWK) today released the 33rd edition of its Main Streets Across the World report which examines prime retail rental rates in key cities globally.
APAC cities continue to be some of the world’s most connected and prominent as emerging hubs in South Asia gain ground
Asia Pacific (APAC) cities, spearheaded by Tokyo, Beijing, Singapore, Melbourne, and Hong Kong, continue to assert their influence as some of the world’s most connected and prominent urban centers, according to Kearney’s 2023 Global Cities Report. The report reveals that APAC maintains a strong foothold in the top 10 of its Global Cities Index (GCI), claiming five coveted spots.
Asia shares stumble on weak China data, U.S. dollar heavy
Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve.
Azentio Software to acquire software assets from Path Solutions, a leading core banking software provider
Azentio Software (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax, is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iSHRAQ™, Path Digital and Path Analytics), a leading provider of core banking software. The transaction is contingent on obtaining relevant regulatory approvals and subject to customary closing conditions. This acquisition will strengthen Azentio’s banking portfolio by adding complimentary core banking software capabilities and a full spectrum of next generation solutions focused on Islamic banks and financial institutions.
Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific
WASHINGTON, March 25, 2021 – More than a year into the COVID-19 pandemic, the developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region, released today. Only China and Vietnam are experiencing a V-shaped rebound where output has already surpassed pre-pandemic levels. In the other major […]
