Asia-Pacific mergers and acquisitions are forecast by bankers to remain buoyant after surging 63per cent in the third quarter, driven by technology companies and conglomerates making strategic moves as they emerge from the pandemic.
US$844 billion in the first nine months of the year, up 13per cent and compared to a 20per cent decrease globally for the period. The tech sector and tech-related businesses, many of which have experienced growth during the pandemic, are expected to primarily drive deal activities, bankers said. "Strategic activity will rebound driven by sectors experiencing strong recoveries from the COVID-19 pandemic, especially in technology, new-economy and private sector oriented businesses," said Goldman's Maliah.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 pandemic will push millions across East Asia and the Pacific into poverty this year, says World BankWASHINGTON - Poverty in East Asia and the Pacific could increase this year for the first time in 20 years as the coronavirus pandemic keeps people in poverty and creates a class of new poor, the World Bank said on Tuesday (Sept29).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Football: Players in Asia face uphill battle for their rights, says unionBERN (REUTERS) - Footballers in many parts of Asia face an uphill battle to ensure basic rights and the Covid-19 pandemic has made them especially vulnerable to wage cuts and redundancies, the global players' union Fifpro said on Tuesday (Sept 29).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Pompeo to visit East Asia next week amid frosty US-China tiesWASHINGTON (REUTERS) - US Secretary of State Mike Pompeo will travel to Japan, Mongolia and South Korea next week, the State Department announced on Tuesday (Sept 29), a crucial visit to solidify ties with the regional allies at a time when Washington's relationship with China remains fraught.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Pompeo due in Asia for talks on China, North KoreaWASHINGTON: US Secretary of State Mike Pompeo will head next week to Japan, South Korea and Mongolia, the State Department said on Tuesday (Sep ... F FACE
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China data lifts Asia stocks but caution returns after chaotic US presidential debateSINGAPORE (REUTERS) - Asian shares crept higher on Wednesday (Sept 30) after data showed China's economic recovery gathering steam, but a chaotic first US presidential debate between President Donald Trump and Democrat Joe Biden weighed on the mood.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Amazon to take three floors of Citigroup office space in Singapore's Asia Square Tower 1, say sourcesSINGAPORE (BLOOMBERG) - Amazon is planning to take over some of Citigroup's office space in Singapore at a time when a number of the e-commerce giant's Chinese tech rivals are expanding here.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »