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The Latest Breaking News from Asia Pacific

Hayden Briscoe Head of Fixed Income, Global Emerging Markets and Asia Pacific at UBS Asset Management (UBS-AM) remains optimistic on China bonds even though regulations-induced market volatility has impacted investments in China. China onshore bonds1 were one of the few fixed income sub-asset classes which rallied in 2021, and equally…

Bangkok Post

Stellantis Registers 14% Pro Forma Revenue Growth In FY21

Stellantis NV (NYSE:STLA) reported FY21 Pro Forma sales growth of 14% year-on-year, to €152 billion, versus €133.9 billion the previous year. On a Pro Forma basis, North America revenue rose 15% Y/Y to €69.7 billion, South America increased 71% to €10.7 billion, Europe 5% to €59 billion, Middle East & Africa rose 9%…

Benzinga

Tupperware Brands Registers 12% Sales Decline In Q4

Tupperware Brands Corp (NYSE:TUP) reported a fourth-quarter FY21 sales decline of 12% year-on-year, to $394.9 million, beating the consensus of $384.97 million. Sales in North America fell 12% Y/Y to $108.3 million, South America decreased 16% to $62.4 million, Europe declined 11% to $106.5 million, and Asia Pacific sales dropped 11% to $117.7…

Benzinga

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Asia Pacific set to become world’s largest data centre region over next decade

Asia Pacific’s data centre market continues to grow at a relentless pace and is set to become the world’s largest data centre region over the next decade. According to Cushman & Wakefield’s latest 2022 Data Centre Global Market Comparison report, Singapore, Hong Kong and Sydney are ranked among the top…

Bangkok Post

Kellogg Stock Gains On Q4 Earnings Beat

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…

Benzinga

Asia Pacific trade booms despite COVID curbs: ADB

Asian Development Bank President Masatsugu Asakawa says harsh pandemic restrictions are now ‘more difficult to justify’.

Al Jazeera

AstraZeneca Thailand certified as Top Employer 2022 in Thailand and Asia Pacific

AstraZeneca (Thailand) Ltd. has been recognised as a 2022 Top Employer in Thailand and Asia Pacific by the Top Employers Institute. Being certified as a Top Employer showcases the organisation’s dedication to a better world of work. It exhibits through excellent staff-oriented policies, a life-long learning culture, and an inclusive…

Bangkok Post

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As Omicron pushes the West to reopen, Asia hunkers down

The variant is sharpening an East-West divide on the balance between public health, the economy and basic freedoms.

Al Jazeera

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