Asia tech stocks pick up baton from Wall Street peers – Financial Times

Asia tech stocks pick up baton from Wall Street peers – Financial Times

Tuesday 05:00 BST Overview Equities were mixed in Asia with tech stocks carrying over momentum from Wall Street peers while shares in big Australian banks slipped after a ratings cut by Moody’s. Hot topic Tokyo-listed stocks were buoyed by a softer yen and upbeat sentiment from the US, where the benchmark S&P 500 equity index […]

Meltwater acquires Hong Kong-based Klarity to boost social media monitoring in Asia – TechCrunch

Meltwater acquires Hong Kong-based Klarity to boost social media monitoring in Asia – TechCrunch

Meltwater, the self-described ‘media intelligence’ company, continues on an acquisition spree. Following the purchase of Oxford Uni spinout Wrapidity in February, it has acquired Hong Kong-Based startup Klarity to enhance its social media monitoring and analytics capabilities in Asia. Terms of the deal remain undisclosed, although I understand the acquisition is a mixture of cash […]

Asia mixed in early trade as markets await political developments in Europe – CNBC

Asia mixed in early trade as markets await political developments in Europe – CNBC

CNBC Asia mixed in early trade as markets await political developments in EuropeCNBCA report during early Asia hours said a van reportedly drove into a crowd of people in the Finsbury Park Area of London and that police reported a number of casualties and one person had been arrested. “Enquiries continue,” the metropolitan police … […]

Militant Islamists shift focus to Southeast Asia – Financial Times

Militant Islamists shift focus to Southeast Asia – Financial Times

Islamist extremists are yet to fulfil their dream of a caliphate in Southeast Asia but each day that passes in the bloody, weeks-long siege of a Philippine city is a warning of their growing strength. The militants still occupying parts of Marawi in defiance of aerial bombardment and the national army have shown the havoc […]

Where Is the Plastic in the Ocean Coming From? Try Asia. – Big Think

Where Is the Plastic in the Ocean Coming From? Try Asia. – Big Think

The Ocean Conservancy estimates that are roughly 150 million metric tons of discarded plastic floating around the world’s oceans, with an additional 8 million metric tons being added every year. PRI calls this climate change’s ”apocalyptic twin.” That’s like dumping one New York City garbage truck full of plastic into the ocean every minute […]

Alibaba is in talks to invest in Uber's Southeast Asia rival Grab … – TechCrunch

Alibaba is in talks to invest in Uber's Southeast Asia rival Grab … – TechCrunch

Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which will be led by SoftBank, a company with many links to Alibaba. Separately, TechCrunch has confirmed with a source […]

Southeast Asia and the Pacific: James Gomez joins Amnesty International as new Regional Director – Amnesty International

Southeast Asia and the Pacific: James Gomez joins Amnesty International as new Regional Director – Amnesty International

Amnesty International is pleased to announce the appointment of James Gomez as the human rights organization’s Regional Director for Southeast Asia and the Pacific. The appointment underscores Amnesty International’s commitment to the region, moving closer to the ground to ensure a more impactful presence where human rights abuses are taking place. “Across Southeast Asia and […]

Bain and BlackRock expand their Asia private credit businesses – Financial Times

Bain and BlackRock expand their Asia private credit businesses – Financial Times

Large investment managers including BlackRock, Bain Capital and Avenue Capital are expanding their private credit businesses in Asia, according to several people familiar with the matter, as alternative investors step up lending to companies rather than buying them. Smaller investors and Asia-based private equity houses are also allocating more capital to the asset class and […]