IGD: online set to be fastest growing Asia channel with 194% growth predicted by 2022

Asia’s online grocery channel is set to grow by $176bn (194%) to 2022, making it the fastest growing channel in Asia, according to new figures from international research organisation IGD. The research, the first deep dive into the region’s online channel from IGD, forecasts that the online channel will account for 6.9% of total grocery […]

Alibaba offers cloud computing for Southeast Asia's retailers to embrace digitisation and big data

Alibaba offers cloud computing for Southeast Asia's retailers to embrace digitisation and big data

Alibaba Group Holding, the world’s largest e-commerce services provider, is making a push into Southeast Asia by offering a suite of cloud computing solutions to help retailers embrace digitalisation and provide the kind of online-offline shopping experience that is already commonplace in China. A suite of computing solutions ranging from cloud architecture and machine learning […]

Smartphone Suppliers Slide After Asia Peers' Earnings Disappoint

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Asia Markets, US Stock Futures Show Resilience

Asia Markets, US Stock Futures Show Resilience

Stocks in Asia were mixed in early trade Tuesday, as benchmarks in Australia, Japan and Hong Kong fought back from the global selloff sparked by the decline of the Turkish lira. Japan’s Nikkei 225 led the way, rising 262.29 points, or 1.20%, to 22,119.72. The Hang Seng reversed early losses, edging up 0.01% to 27,938.32. […]

Chinese Tech-Obsessed Insurer May Cast a Long Shadow Over Asia

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How many more will have to die as Asia gets hotter?

How many more will have to die as Asia gets hotter?

Record-breaking temperatures, devastating floods, raging bush fires and thousands of deaths. And this might just be the beginning. With Hong Kong and much of Asia experiencing unusually hot temperatures in the past few months, scientists have warned that heatwaves will become more frequent and more lethal. “Climate change has played an important role in the […]

How South Korea's 'New Economic Map' Could Shift Northeast Asia's Balance of Power

How South Korea's 'New Economic Map' Could Shift Northeast Asia's Balance of Power

The idea is simple, yet potentially transformative: connect South and North Korea to Russia, China, and Europe. By Patrick M. Cronin and Kristine Lee for The Diplomat August 10, 2018 Since assuming office in May 2017, South Korean President Moon Jae-in is proving to be nothing short of a visionary. But the flurry of summitry […]

Stocks Mixed Amid Sanctions, Trade; Dollar Gains: Markets Wrap

Stocks Mixed Amid Sanctions, Trade; Dollar Gains: Markets Wrap

U.S. stocks edged higher in thin trading as corporate earnings drove gains, overshadowing the latest salvos in the trade war with China and sanctions that torpedoed the Russian ruble. Oil held near a seven-week low. The S&P 500 Index advanced toward a record as results from Viacom Inc. added to a robust earnings season. The […]

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