When is foreign too foreign? Korea’s takeover tensions
An updated regulation, set to take effect on July 22, does not apply "foreign investment" provisions to Korean-registered private equity firms, even if they are effectively…
Big Picture
Wealthy Koreans shift focus from real estate to gold, bonds and crypto
'Young rich' under 50 show strong appetite for virtual assets, overseas stocks.
Japanese company’s US$300 million forestry fund to focus on Southeast Asia as climate, conservation focus grows
The fund is a reflection of increasing investor interest in forestry not only for stable returns from timber revenues but also for the climate, and increasingly biodiversity,…
Chinese patent filings enjoy surge in Europe
Including applications from Chinese Taipei, Hong Kong and Macao, China ranked third worldwide after the United States' 47,787 applications and Germany's 25,033.
Sri Lanka arrests over 230 Chinese in cybercrime raids
The cyber criminals have mainly targeted foreign banks and financial institutions, a senior official said.
Poorest countries face highest debt burden for 18 years: World Bank
Government debt in these countries, which are home to around 40 percent of the world's population, now stands at an average of 72 percent of GDP.
Thailand 28th in ‘best countries in the world’ ranking
Among the ASEAN countries, Singapore is ranked 14th, Malaysia 38th, Indonesia 41st, Vietnam 44th, the Philippines 45th, Cambodia 68th, and Myanmar 73rd.
Bhutan Innovation Forum to launch world’s first mindfulness city
The Gelephu Mindfulness City will blend civil infrastructure, green technologies, and mindful innovation.
Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
Talk resumed less than a year before Japan could unilaterally terminate agreement on undersea resource exploration.
Asia’s super rich prefer single-family offices to multi-family ones for tighter control of wealth
Family offices have been slower to catch on in Asia than in Europe and North America, where wealth has been inherited for many generations, the study said. An estimated US$5.8…