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ASIA PACIFIC MARKET CHALLENGES
AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
Indians are more open to personal AI agents than anyone else in Asia Pacific, says Adobe studyAdobe’s 2026 AI and Digital Trends Report suggests Indian consumers are leading the Asia-Pacific region in embracing personal AI agents, wi...
Bank of America names new Southeast Asia investment banking head, memo showsBank of America has appointed Dominic Tan as its new head of Southeast Asia investment banking, a role he will juggle alongside his existin...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
India’s $55 billion green energy pipeline faces climate damageIndia's ambitious renewable energy expansion faces a significant climate threat, with $55 billion in planned solar, wind, and hydropower as...
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, GoaHilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant...
Global Market Today: Asian stocks dip at open as oil edges higherAsian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports...
OpenAI alumnus Shyamal Anadkat returns to India, teases AI ventureCalling the current AI wave a "once in a generation opportunity", former OpenAI executive Shyamal Hitesh Anadkat has returned to India, and...
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...
Global Market Today: Asian stocks slip, oil up on peace doubtsGlobal markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest ra...
Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
The 'Indo' exit: Pentagon's PACOM reset raises questions about India's place in Trump's Asia calculusWashington's decision to rename the US Indo-Pacific Command back to Pacific Command has sparked debate over India's strategic importance. D...
Hollywood to Bollywood no more: US makes a move in India's backyardThe United States has renamed its Indo-Pacific Command back to Pacific Command. This change signals a strategic shift away from broad allia...
India among Asia-Pacific's most AI-ready healthcare markets as demand for coordinated care rises: BainIndia is emerging as one of the most AI-ready healthcare markets in the Asia-Pacific region, with a growing number of consumers using gener...
Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific surveyVietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial fo...