China strengthens Yuan to drive consumption

Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending.


Hyflux granted 6-month protection against creditors; seeking $200 mil in rescue financing for projects

SINGAPORE (June 20): The Singapore High Court on Tuesday granted Hyflux a six-month moratorium against its creditors with immediate effect, after the group 

Global Markets

Mizuho targets foreign student boom with Japan dormitory fund

TOKYO (Aug 16): Mizuho Financial Group Inc. is raising a fund to build dormitories to profit from the shortage of accommodation for the surging number of international students at Japan’s universit

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