Car sales offer a microcosm of China’s economy

By Alfred Romann China’s auto market offers a great case study for much of what is happening with China’s economy. Like much of China’s broader economy, the market is slowing. Sales have been dropping steadily for the last few months. In fact, total vehicle sales fell 10.1 percent year-on-year in October and 0.9 percent month-on-month.

Cryptocurrencies interesting but too small to move mountains

By Alfred Romann Cryptocurrencies continue to fuel debate among regulators and users.  The total value market capitalization of cryptocurrencies as of Oct. 28 was almost US$210 billion. Take out Bitcoin, the grandmother of crypto, and that drops to US$97 billion. The current market cap of cryptocurrencies is down to about a third of the peaks hit in January.

2016 BOAO Forum for Asia

Looking to the future This year’s BOAO Forum for Asia (BFA) has a theme of Asia’s New Future: New Dynamics, New Vision. This time, the 17th annual gathering of leaders and industry professionals in Asia covers areas such as inclusive finance, disruptions of traditional business and economic models, new banking practices, regional cooperation and growing

Australia’s largest life science fund

Australia’s life science sector outperforms in research… falls short on commercialisation. It is no surprise that the life science sector including pharmaceutical, medical devices etc. is one of the hottest investment destinations. Last month, Australian investment company Brandon Capital closed the largest life science fund to date in Australia after raising A$200 million (US$155 million). The fund is set

Bitcoin in Hong Kong

While many see Hong Kong as ideally positioned to become a global hub for digital currencies and internet finance, the road forward seems far from clear. There’s no doubt Hong Kong is one of the world’s financial centres. But when it comes to crypto currencies, will Hong Kong still be in a leading position? Bitcoin,

China Issues Biosimilar Guidelines Draft

A long-awaited set of guidelines for a billion-dollar market. After years of waiting, Chinese biosimilar makers will soon have a set of guidelines to follow. This post on Thomson Reuters Life Sciences Connect news blog (HERE) outlines the  industry’s reaction to the draft biosimilar guidelines.

Malaysian rate hike signals new trend

Looking ahead, inflation is, however, expected to remain above its long-run average. — Bank Negara Malaysia Malaysia’s central bank welcomed Ramadan fasts and celebrations through July and August by raising the country’s interest rate for the first time in three years. As many economists expected, Bank Negara Malaysia (BNM) announced after a routine meeting at