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‘Brexit fatigue’ spurs buying and selling of London homes, leading to asking prices posting their first annual increase in two years

Asking prices for London homes showed their first annual increase since 2017 this month, as the Brexit-battered market started to show signs of life.New seller prices were up 1.3 per cent from a year earlier, property website Rightmove Plc said in a report published Monday. They eased just 0.1 per cent on the month, the smallest decline for any August since 2006.Rightmove said a shortage of supply is helping to underpin prices, with the number of new sellers down almost 11 per cent on the year… Source link

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Vietnam 

Annual MA forum discusses industry trends – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Over 500 experts and business executives attend the 2019 Vietnam M&A Forum held in HCM City on Tuesday. — VNS Photo Thu Ngân HCM CITY — Valuation, brand management and post-merger and acquisition management have emerged as key issues related to M&A since last year, the annual Vietnam M&A forum heard in HCM City yesterday. These are also issues that the Government, foreign investors and Vietnamese enterprises need to focus on to remove barriers and identify appropriate strategies and solutions to achieve successful deals, according to delegates. In…

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HKICPA’s 20th annual awards once again looks to recognise companies for their best practices

[Sponsored Article] The popular competition is open to listed companies, public-sector entities and not-for-profit organisations to showcase their corporate governance and sustainability credentials. The awards were created to promote the values of good corporate governance in the community and reflect expectations among stakeholders.  “Over the past 20 years, the awards have become a recognised and respected yardstick of Hong Kong’s current governance standards and, more recently, of… Source link

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Vietnam 

Board membership stirs GTNFoods’ annual shareholder meeting – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A cattle farm run by Mộc Châu Milk, a sub-unit of GTNFoods JSC. – Photo thuonggiaoonline.vn HÀ NỘI – GTNFoods JSC on Saturday dismissed two members from the board of directors, causing disturbance among shareholders at the firm’s annual meeting. This year’s meeting was also the first one in which Vietnam Dairy Products JSC (Vinamilk) was presented as the biggest shareholder of the company, holding more than 40 per cent of GTNFoods capital. GTNFoods had previously announced major shareholder West Ocean Invest JSC suggested to remove two independent members…

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Vietnam 

China Dongxiang Announces Annual Results 2018/2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Focusing on Point-of-sale Reform ; Omni-channel Distribution of Products Starts   Results Highlights (RMB million) For the fifteen months ended 31 March 2019 2018 Change Revenue 2,144 1,858 +15.4% Gross profit (before reversal of / provision for impairment losses of inventories) 1,262 1,116 +13.1 % Gross profit margin (before reversal of / provision for impairment losses of inventories) 58.9% 60.1% -1.2 pts Operating profit 1,040 1,453 -28.4% Profit attributable to equity holders of the Company 866 1,189 – 27.2% Basic and diluted earnings per share (RMB cents) 14.91 21.36 -30.2%…

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Alibaba projects 500 billion yuan in annual revenue amid escalation in US-China trade war

Chinese e-commerce giant Alibaba Group Holding projected annual revenue will surpass 500 billion yuan (US$72.7 billion) this financial year, despite a trade war between the US and China. The New York-listed company said its revenue rose 39 per cent to 376.8 billion yuan (US$54.7 billion) for the 12-month period ended March, excluding newly consolidated revenues, according to a company statement. Non-GAAP net income, which excludes valuation gains, was 93.4 billion yuan. “More and more,… Source link

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Vietnam 

Annual Thai trade fair opens in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at Top Thai Brands, the biggest Thai trade fair in Việt Nam, that opened yesterday in HCM City. — VNS Photo Thu Hằng HCM CITY — More than 200 Thai firms are showcasing a wide range of branded products and services at Top Thai Brands, the biggest Thai trade fair in Việt Nam, which opened yesterday in HCM City. On display are apparel and fashion accessories, automobile and motorcycle parts, baby products, beauty and healthcare products, food and beverages, home appliances and household products, and airlines, tourism, education, and restaurant…

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Singapore 

Which Would You Choose: An Annual Bonus Or A Salary Increment?, Singapore News

We know a lot of people are going to be sceptical or critical of the fact that anyone will ever be put in a situation where they have these two options. We agree. What we’re trying to achieve in this article is getting everyone to think about which will deliver the more beneficial outcome in certain scenarios, and to understand how our choice between the two could have implications on our mindset, finances and career. THE HYPOTHETICAL SITUATION You’re having your annual review with your supervisor, discussing your performance during…

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Vietnam 

Low-cost carrier Vietjet sets sights high with $1.8b annual profit target – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Shareholders at Vietjet’s annual general shareholders’ meeting held in HCM City on Friday. — VNS Photo HÀ NỘI — Vietjet Aviation Joint Stock Company is aiming for nearly VNĐ42.3 trillion (US$1.8 billion) air transport revenue in 2019, 25 per cent higher than last year’s figure. The company also hopes to earn air transport profit of VNĐ3.8 trillion ($163 million) this year. These targets were announced at the company’s annual general shareholders’ meeting held in HCM City yesterday. This year, Vietjet will focus on international route expansion to promote foreign currency revenue from ticketing, take…

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ZTE to boost 5G, cybersecurity initiatives after posting a record US$1 billion annual loss in 2018

ZTE Corp, China’s second largest telecommunications equipment manufacturer, predicted a turnaround of its business this year, with a projected net profit of between 800 million yuan and 1.2 billion yuan (US$119 million and US$179 million) this first quarter, after reporting a record annual loss of 6.98 billion yuan in 2018.Shenzhen-based ZTE mainly attributed its biggest annual loss to the US$1 billion penalty the company paid to the US government last year as settlement for breaching the terms… Source link

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