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Asian markets rise on rate hopes but China Covid casts shadow

HONG KONG (AFP): Asian markets rose Wednesday (Nov 23) but traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid cases will see officials impose more painful lockdowns. ....

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Singapore lures new wave of Chinese investors eyeing good schools, stability

Luxury property purchases by Chinese buyers have long made headlines in Singapore, but quietly, Chinese money has also been flowing into the city state's many fund management companies. Back in 2009, Grace Tang, executive director at Phillip Private Equity, used to go to China to woo investors for her company's fund catered to those who were seeking to be part. ....

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