Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start delibera...
Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start deliberations with Kazakhstani authorities to reach a Comprehensive Avoidance of Double Taxation Agreement...
Discrimination towards foreign residents in Japan has expanded from Koreans and Kurds to Muslims as their population is estimated to have nearly doubled in recent years, according to observers and community members. Misinformation and hate speech are spreading on Japanese social media and mosques are receiving a barrage of abusive phone calls and emails. Some are asking why they are suddenly being...
Discrimination towards foreign residents in Japan has expanded from Koreans and Kurds to Muslims as their population is estimated to have nearly doubled in recent years, according to observers and community members. Misinformation and hate speech are spreading on Japanese social media and mosques are receiving a barrage of abusive phone calls and emails. Some are asking why they are suddenly being targeted. Others are afraid to leave their homes. Muslims in Japan, including foreign residents and...
Roman Tiraspolsky Blackstone ( BX ) on Monday announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1B, surpassing its $10B target and becoming the firm's largest private equity fundraise in Asia. The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the...
Roman Tiraspolsky Blackstone ( BX ) on Monday announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1B, surpassing its $10B target and becoming the firm's largest private equity fundraise in Asia. The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle. “Asia Pacific is the fastest-growing region in the world, presenting compelling opportunities to invest at scale behind our high-conviction themes,” Joe Baratta, global head of Blackstone Private Equity Strategies, said in a statement. Blackstone ( BX ) said it has invested more than $7B across 12 deals in Asia over the past 24 months, reinforcing its presence in key markets including India and Japan. More on Blackstone Prologis: Likely To Outperform Blackstone Industrial Funds Blackstone: Be Greedy When Others Are Fearful A Rare Chance To Buy Blackstone's $1.3 Trillion Empire At A Deep Discount Blackstone to sell Seattle office building for ~54% below purchase price - report Apollo, Blackstone shop $36B of debt for buying Google chips for Anthropic - report
Shares of Tencent Holdings surged as much as 8 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat. Tencent was testing a prototype AI agent for the WeChat ecosystem, which boasts 1.4 billion active users, and planned to start the compliance process as soon as this month for a p...
Shares of Tencent Holdings surged as much as 8 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat. Tencent was testing a prototype AI agent for the WeChat ecosystem, which boasts 1.4 billion active users, and planned to start the compliance process as soon as this month for a public launch, according to a report by the Financial Times on Tuesday, citing anonymous sources. The...