Li Ka-shing’s CK Hutchison denies suspending AS Watson listing plan

South China Morning Post - Nov 12, 2026

CK Hutchison Holdings, the major business vehicle of the family of billionaire Li Ka-shing, denied the reported suspension of a listing plan for its retail business amid cooling enthusiasm for initial public offerings (IPOs) in Hong Kong. “Strategic explorations and evaluations and related preparations are continuing,” the conglomerate, valued at HK$266 billion (US$34 billion), said in an exchange filing on Thursday. “However, as at the date of this announcement, no decision has been made by the...

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Philippines, Chile to seal free trade pact next week

Nov 12, 2026

Philippines, Chile to seal free trade pact next week

The Philippines and Chile are set to formally sign a free trade agreement next week, a move seen to give Filipino exporters direct access in South America and diversify the country's global trade footprint.

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Nov 12, 2026

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Nov 12, 2026

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The Bases Conversion and Development Authority (BCDA) has remitted P8.42 billion in asset disposition proceeds to the Bureau of the Treasury (BTr).

Former ByteDance AI scientist touts drug-discovery model that tops world leaders

Nov 12, 2026

Former ByteDance AI scientist touts drug-discovery model that tops world leaders

A former ByteDance artificial intelligence scientist’s new venture has released a life sciences AI model that the firm claims outperforms state-of-the-art systems, intensifying the increasingly crowded competition in AI-driven drug discovery. Geodesic Intelligence’s NovaAtom-Lite, an AI model designed to predict the structures and interactions of biomolecules, topped a third-party benchmark in several drug discovery tasks, founder Quanquan Gu said on social media on Wednesday. On the FoldBench...

Grab Philippines names new country head

Nov 12, 2026

Grab Philippines names new country head

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Peso slides to P63.7:$1

Nov 12, 2026

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Better infrastructure can reduce Philippines' sugar importation, says research center

Nov 12, 2026

Better infrastructure can reduce Philippines' sugar importation, says research center

Improved infrastructure and better farming practices can help reduce the government's reliance on importing sugar for supply, the University of Asia and the Pacific-Center for Food and Agri Business said in its latest policy brief.

Singapore opens gold vault to foreign central banks in race to become Asia’s gold hub

Nov 12, 2026

Singapore opens gold vault to foreign central banks in race to become Asia’s gold hub

Singapore has opened its national gold vault to foreign central banks, a move analysts say will sharpen its head-to-head rivalry with Hong Kong for the title of Asia’s leading bullion hub. The Monetary Authority of Singapore (MAS) has announced that it would store gold for overseas central banks, international financial institutions and sovereign entities in its currency vault. The facility can hold 500 tonnes and has room for expansion. Deputy Prime Minister Gan Kim Yong, who chairs the...

China’s Huafa abandons domestic AAA rating amid Fitch downgrade, bond market jitters

Nov 12, 2026

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Zhuhai Huafa Group, a heavily indebted state-owned enterprise whose recent troubles rattled China’s bond market, has voluntarily ended its engagement with a major domestic credit assessor, leading to the withdrawal of its AAA rating after an international ratings agency downgraded the firm. Huafa – the largest enterprise owned by the government of Zhuhai, a city in southern China’s Guangdong province – disclosed in a filing to the Shanghai Stock Exchange on Tuesday that it would terminate its...

Chinese regulators back investor lawsuits in push to shore up stock market confidence

Nov 12, 2026

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Nov 12, 2026

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Li Ka-shing family’s British pub chain names first female CEO in 227 years

Nov 12, 2026

Li Ka-shing family’s British pub chain names first female CEO in 227 years

Greene King, the British brewer and pub operator owned by Hong Kong billionaire Li Ka-shing’s family, has appointed its first female chief executive in its 227-year history, seven years after the family acquired the business as part of its overseas expansion. Clair Preston-Beer, currently Greene King’s chief commercial officer, will take over the role in March 2027, succeeding Nick Mackenzie, who will step down at the end of February but remain on the company’s board to support the transition,...

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