The $100 billion SoftBank Vision Fund has captured a lot of attention for its high-profile investments in the likes of workplace messaging app Slack and co-working space start-up WeWork. But the Japanese conglomerate has another unit under its wings that is on the lookout for promising early-stage companies to nurture: SoftBank Ventures Korea. Despite its […]

The internet revolution in China saw companies design products and services to solve social issues in the world’s second-largest economy. Now, businesses are working to innovate in more hardcore technological areas such as artificial intelligence, according to a leading investor. William Bao Bean, general partner at early stage venture capital firm SOSV, said at a […]

It’s not too late for South Korean leaders to “reflect on the lessons” to be learned from Lotte Group’s business woes following Seoul’s deployment of a high-tech missile defense system on China’s doorstep, Chinese state media said on Tuesday. South Korean conglomerate Lotte said last week it will sell its supermarkets in China after most […]

Raising cash may be the hardest job of an entrepreneur. The number of total venture capital deals declined by a stark 24 percent worldwide in 2016, according to a KPMG report. With increasing competition, it’s likely even harder to stand out — or at the very least, not mess up a pitch presentation. CNBC recently […]

Entrepreneurial spirit and innovation aren’t exactly synonymous with North Korea. But, former Bain & Company consultant Geoffrey See has bet on the reclusive country’s business potential for nearly a decade. And he says changes are finally starting to take hold. “I think the last five years have become a much more stable environment,” See said. […]

China needs to make good on its own repeated calls to open up its markets, or face consequences, warned the European Union Chamber of Commerce in China. In recent years, China has publicly avowed to do so, with President Xi Jinping making speeches on openness and globalization. In January, China’s State Council released a document […]

The world’s second-largest economy will likely start manufacturing engines for jumbo jets soon, according to Rolls-Royce, a long-time engine manufacturer for commercial and defense aerospace. “In the long-run, it’s very possible and plausible that China and other countries will be looking to develop wide-body engines,” said Rolls Royce Chairman Ian Davis at the Singapore Summit […]

Most major Asian indexes rose on Tuesday ahead of the U.S. Federal Reserve’s September meeting as investors awaited clues from the central bank on future monetary policy. Japan’s Nikkei 225 rose 1.27 percent as markets resumed trade following a public holiday. Exporters, trading houses and retailers notched gains after the dollar hit a seven-week high […]

One of Asia’s largest asset managers recommends a high-growth approach to stock-picking. “We are now recommending that you try to find fast lanes within the slow-moving traffic,” Takumi Shibata, president and CEO of Tokyo-headquartered Nikko Asset Management, said on the sidelines of the Singapore Summit, an annual gathering of Asian business leaders. “So for instance, […]

A key member of Beijing’s top advisory body issued a warning against President Donald Trump’s policies over the weekend. Policies advocated by Trump won’t benefit the world’s largest economy, businessman Fu Chengyu said on the sidelines of the annual gathering of Asian business leaders known as the Singapore Summit. “When countries have closed their doors, […]