Asia Pacific

Headlines

Rachika A Sahay joins HSA Advocates as Partner in the New Delhi office

Rachika A Sahay joins HSA Advocates as Partner to further strengthen the Projects, Energy and Infrastructure and Corporate practices. She will be operating out of the firm’s New Delhi office. Rachika has over a decade of experience in handling a broad range of deals in the energy sector. She also has diverse experience in handling corporate transactions...

Japanese firms step up overseas M&A

Number of deals hits record in first half as smaller companies get into the game With SoftBank CEO Masayoshi Son taking the lead, Japanese companies have been engaging in mergers and acquisitions at record levels. Japanese corporations made 339 overseas mergers and acquisitions during the first half of the current Japanese fiscal year, the highest...

Investcorp adds Deepak Parekh to International Advisory Board

Investcorp, a global provider and manager of alternative investment products, today announced that Deepak Parekh, Chairman of HDFC Limited, Indian’s leading Financial Services conglomerate, has been appointment to Investcorp’s International Advisory Board. Mr Parekh has played a significant role in the development of the financial sector...

South Korea: Making up for lost time

After the impeachment of South Korea’s former president, Park Geun-hye, amid a far-reaching corruption scandal, the country was ready for change. South Korea’s new liberal president, Moon Jae-in, appears set to take on that challenge. Campaigning on a policy platform of job creation, corporate governance and labour market reforms, as well as promises...

Alibaba acquires majority stake In Indian ticketing startup TicketNew

Alibaba Pictures, the entertainment unit of China’s ecommerce major Alibaba Group, has acquired a majority stake in Chennai-based TicketNew for an undisclosed amount. Post-acquisition, Alibaba will have four representatives on TicketNew’s board and the firm’s promoters will have two of their representatives. TicketNew founder and CEO Ramkumar...

Finance

Why the Cook Islands fears rich-country status

How not to blow your own trumpet MOST political leaders play up their country’s economic performance. Those on the Cook Islands, a collection of 15 islets spread over 2m square kilometres in the South Pacific, are doing the opposite. At issue is whether the country of 17,000 people has become wealthy enough to warrant a reassignment...

Violence and claims of election-rigging overshadow Pakistan’s election

“FOR the first time in our history, fair elections are going to be held,” insisted Fawad Chaudhry, a spokesman for the opposition Pakistan Tehreek-e-Insaf (PTI) party, this week. Unfortunately, this view is not universally held. The national and state elections on July 25th, in which 100m people are registered to vote, should mark a further...

The idea of Eurasia is once again the subject of geopolitics

OH, EAST is East, and West is West, and never the twain shall meet. Perhaps that was true when an Iron Curtain ran down the middle of Europe, and Mao Zedong’s China had turned disastrously inward. But now? This week leaders of the European Union and China met at a summit in Beijing to praise “EU-China connectivity”. It is more than an empty...

In Singapore, thousands will attend this year’s LGBT rally

Out and proud in Singapore BLACK-and-white photographs in the foyer of an arts cinema are filled with smiling, pouting and laughing faces—young and old, of various races. The portraits are of members of Singapore’s lesbian, gay, bisexual and transgender (LGBT) community. The fact that those pictured are willing to be identified publicly, in...

The president of Kazakhstan throws himself a modest birthday bash

Happy birthday, Mr President IT WAS in June of 1998 that oil-rich Kazakhstan officially inaugurated its purpose-built capital, Astana. But when the 20th anniversary of the city’s founding rolled round this year, the government decided to mark the occasion a few weeks late, on July 6th, as it has in previous years. That, after all, is the birthday...

Legal

After Fintech, Singapore eyes Legaltech status

Singapore, a haven for disruptive fintech firms, is aiming to shake up Asia's legal sector next The Lion City will host Southeast Asia's first legaltech accelerator from April. The city-state's initiative aims to groom legaltech startups as well as incubate new business models or services conceived by law firms. Singapore's law academy has launched...

China updates New Industry Catalogue

PRC reduces regulatory procedures for foreign investments following its 2016 reforms. China creates a nationally applicable “negative list” for foreign investment, which opens up more industries for multi-national companies.Foreign Investments Filing Administrative Rules will be updated and published soon by the Ministry of Commerce to clarify...

Proposals to make free movement of data a principle of EU law expected this autumn

Ansip said proposed new EU legislation to tackle unnecessary restrictions on where data can be stored are likely to be published this autumn.The proposals will also look to make it easier for businesses to move their data between rival cloud providers and ensure that public sector bodies can access data held by authorities in another EU country to help...

New advertising standards in the UK to take tougher stance on gender stereotypes

The new standards will be drawn up by the Committee of Advertising Practice (CAP), according to a new report on gender stereotypes in advertising (64-page / 5.4MB PDF) published by the Advertising Standards Authority (ASA), the watchdog that oversees compliance with UK advertising rules.The CAP will also look to "clarify standards that reflect the ASA‘s...

BREXIT: Scottish government calls for protection of devolved powers

Minister for negotiations on Scotland’s place in Europe Michael Russell wrote to all MSPs asking them for full backing of the Scottish government's position. The move comes after the UK government published the European Union (Withdrawal) Bill on Thursday last week.Russell said the Scottish government had “serious concerns about the bill in a number...

Acq Lite

Watch: Newt and Grindelwald face off in new 'Fantastic Beasts' trailer

July 21 (UPI) -- Warner Bros. released a new, 3-minute trailer for Fantastic Beasts: The Crimes of Grindelwald at San Diego Comic-Con Saturday. The clip features Eddie Redmayne as Newt Scamander, Jude Law as Professor Albus Dumbledore and Johnny Depp as Grindelwald. This weekend's preview of the fantasy film from author J.K. Rowling and director David...

Freeform orders Season 2 of 'Marvel's Cloak & Dagger'

July 21 (UPI) -- Freeform has renewed sci-fi drama Marvel's Cloak & Dagger for a second season. Ten new episodes are scheduled to debut in the spring. The show premiered on the cable network last month. The renewal announcement was made at San Diego Comic-Con Friday. Celebrating the occasion were cast members Olivia Holt, Aubrey Joseph, Emma Lahana...

Netflix offers details on 8 new Shonda Rhimes projects

July 21 (UPI) -- Shonda Rhimes' lineup of projects for Netflix includes adaptations of Julia Quinn's Bridgerton novels and Isabel Wilkerson's book The Warmth of Other Suns. The streaming service and Rhimes' Shondaland production company released details Friday about the eight series shows have in development. "It's been thrilling to begin this journey...

'Walking Dead' star Andrew Lincoln: 'This will be my last season playing ... Rick Grimes'

July 21 (UPI) -- British actor Andrew Lincoln discussed for the first time publicly his upcoming Season 9 departure from The Walking Dead. Lincoln has played Rick Grimes, a Georgia sheriff who becomes the leader of a band of survivors in the zombie apocalypse, since the show's inception. "This will be my last season playing the part of Rick Grimes....

Frances McDormand to play God in 'Good Omens'

July 21 (UPI) -- Oscar-winning actress Frances McDormand has been cast as God in the new Amazon series Good Omens. McDormand, 61, is known for her roles in Fargo and Three Billboards Outside Ebbing, Missouri. Derek Jacobi is the Metatron. He's the Voice of God. In much the same way that a Presidential Spokesperson used to be the Voice of the President....