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David Scanlan

David Scanlan

Senior Editor - Asia Finance + ESG at Bloomberg News - Toronto Bureau

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21
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Location
Canada
Languages
  • English
Covering topics
  • Society
  • Finance & Banking Services

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Recent Articles

bloomberg.com

Singapore’s Banking Hub Has a Corner Where Cash Is Still King

A rundown mall in the heart of the business district draws crowds seeking the best currency exchange rates
bloomberg.com

Hong Kong Pension Fund Assets Drop $5.6 Billion in April Selloff

Hong Kong’s public pension fund is on track for a paper loss of about HK$43.4 billion ($5.6 billion) this month after the escalating trade war hammered global stocks.
bloomberg.com

Amundi Says Investors See Better Valuations in China Than US

Global investors are finding better value in China and Hong Kong than in the US, driving market gains in recent weeks, according to the Asia head of Amundi SA.
bloomberg.com

Adviser Caught Up in Singapore Billionaire Family Feud Resigns

A company adviser embroiled in an escalating feud involving Singapore’s richest family has stepped down, according to the billionaire chairman of the clan’s real estate firm.
bloomberg.com

Adviser Caught Up in Singapore Billionaire Family Feud Resigns

A company adviser embroiled in an escalating feud involving Singapore’s richest family has stepped down, according to the billionaire chairman of the clan’s real estate firm.
bloomberg.com

Modern Slavery Ranks Rise to 50 Million With G-20 Fueling Jump

The number of people living in modern slavery conditions has jumped 25% to 50 million over the last five years, and global supply chains run by Group of 20 nations are contributing to the rise, according to a new report.
bloomberg.com

Evergrande Ordered By China Court to Pay $860 Million in Dispute - ...

China Evergrande Group said it’s been ordered by a Chinese court to pay about 6 billion yuan ($860 million) in damages and compensation to settle a dispute with a local investor.
bloomberg.com

Singapore’s Only Ice Hockey Rink Is Being Bulldozed for Condos

The full-sized Olympic rink is hardly world class, but it’s home to a tight-knit hockey community — for just a few more months.
bloomberg.com

World’s Longest Ice Rink to Stay Shut for the First Time Since 1971

Mild temperatures in Ottawa keep Rideau Skateway closed
bloomberg.com

Ultra-Rich Chinese Push Premier Singapore Golf Entry Fee to $618,00...

In a year when everything from stocks and bonds to cryptocurrencies have tumbled, an investment in Singapore’s most elite golf club stands out.
bloomberg.com

Ontario Teachers’ Plans to Double Singapore Office in Asia Push

The Ontario Teachers’ Pension Plan is looking to potentially double staff in its Singapore office as the C$243 billion ($177 billion) Canadian fund steps up its expansion in Asia.
bloomberg.com

Temasek Lifts Internal Carbon Price to $50, Targets $100 by 2030

Temasek Holdings Pte. increased its internal carbon price to $50 a ton as the Singapore state-owned investor takes steps to meet a net zero target by 2050.
bloomberg.com

China’s White Knight Tycoon Can’t Save His Own Firm From Default

Sun Hongbin, dubbed the “white knight” in China for bailing out fellow billionaires and their empires, was unable to rescue his own from the property crisis that’s engulfing the world’s second-biggest economy.
bloomberg.com

Stocks Set for Pullback; Court Cases Shift: Evergrande Update

Chinese property stocks are poised for a pullback after surging 28% in three weeks as pandemic lockdowns put a brake on economic growth. China Vanke Co. meanwhile announced a share buyback.
bloomberg.com

Trading Suspended; Ronshine Auditor Resigns: Evergrande Update

China Evergrande Group and its other units were suspended in Hong Kong Monday pending an announcement containing “inside information,” according to exchange filings that didn’t elaborate further. The embattled developer may hold a call this week to brief investors on its debt restructuring plan, REDD reported.
bloomberg.com

There's Never Been a Better Time to Visit Angkor Wat

In Siem Reap, Cambodia, travel has just begun to reopen, creating glimmers of hope for locals and an opportunity of a lifetime for visitors.
bloomberg.com

Developers Soar on China’s Easing Proposals: Evergrande Update

Developers Soar on China's Easing Proposals: Evergrande Update  Bloomberg
bloomberg.com

Property Stocks Tumble; China Backs Deals: Evergrande Update

Property Stocks Tumble; China Backs Deals: Evergrande Update  Bloomberg
bloomberg.com

Shimao Tumbles; Home Presales Under Threat: Evergrande Update

Shimao Group Holdings Ltd. drove Chinese property stocks and bonds lower over growing concerns about its ability to pay its debt, renewing concerns about the health of the sector. Private equity firms meanwhile are cooling on the nation’s real estate, while Citigroup Inc. analysts warned of risks ahead even as China pledged to ensure “stability” in the economy next year.
bloomberg.com

Delayed Interest Paid, Default to Be Averted: Evergrande Update

Payment Test Looms; Junk Bonds Rally: Evergrande Update  Bloomberg
bloomberg.com

Coupon Deadline Looms; Kaisa Trading Halted: Evergrande Update - Bl...

A unit of China Evergrande Group faces a key deadline for a coupon payment Saturday, while smaller rival Kaisa Group Holdings Ltd.’s shares were halted in trading after missing payments on fund products as the fallout spreads to other real estate firms.