Global Economic Intelligence
Corporate earnings, M&A, IPOs, and business developments across Asian markets.
🇮🇳 Ethan Allen Interiors Inc. Chief Executive Officer Farooq Kathwari, responding to an activist investor’s proxy challenge this week, said the furniture store is focusing on long-term retail sales over short-term digital sales. Source: india-livemint Country: India
🇮🇳 Pricol Ltd’s plan to spin off its driver information and connected vehicle solutions business has drawn interest from global private equity funds, underscoring the growing appeal of India’s automotive electronics sector. Source: india-livemint Country: India
🇮🇳 Malaysia Aviation Group (MAG) has ordered mandatory drug testing and stricter screening for pilots after a Malaysia Airlines pilot was arrested in Indonesia with 26 kg of MDMA. Source: india-livemint Country: India
🇸🇬 The plans show Chinese AI firms are converging on a business model as they push to take market share from their US rivals. Source: singapore-straitstimes Country: Singapore
🇮🇳 AIG-RESULTS/ (PIX):Insurer AIG beats second-quarter profit estimates on robust underwriting Source: india-livemint Country: India
🇸🇬 It reports a 7.8% rise in FY2026 net profit to S$698.4 million, driven by gains across all segments Source: singapore-businesstimes Country: Singapore
🇸🇬 The report provides early signs that UK firms are moving from experimentation to using AI as a driver of growth. Source: singapore-straitstimes Country: Singapore
🇮🇳 The partnership will target high-tech and manufacturing risks while supporting Indian companies expanding overseas and multinationals operating in India. Source: india-livemint Country: India
🇸🇬 Study has surveyed more than 1,200 finance decision makers across 11 markets, including 105 in Singapore Source: singapore-businesstimes Country: Singapore
🇸🇬 At present, both Samsung and SK Hynix target shareholder returns equivalent to half of free cash flow Source: singapore-businesstimes Country: Singapore