Forbes Asia - June 2018

CONTENTS — JUNE 2018 VOLUME 14 NUMBER 5

11 | FACT & COMMENT // STEVE FORBES

Cry for Argentina: The IMF is coming.

THE GLOBAL 2000

38 | THE WORLD’S LARGEST PUBLICLY TRADED COMPANIES

The Asia-Pacific region leads with 792 names, 40% of the list.

BY ANDREA MURPHY

40 | TOMORROWLAND

If smart cities are the future, Singapore’s Keppel is contributing plenty of IQ.

BY JANE A. PETERSON

44 | INSURANCE AS ENTRÉE TO TECH

Jessica Tan has overseen Chinese giant Ping An’s sweeping rise in big data.

BY SHU-CHING JEAN CHEN

50 | THE RETOOLING OF STANLEY BLACK & DECKER

Turning a 175-year-old manufacturer into a company as innovative as any in Silicon Valley.

BY AMY FELDMAN

54 | TECH’S ULTIMATE SECOND ACT

Billionaire Fred Luddy has made ServiceNow the most innovative company in the U.S.

BY KATHLEEN CHAYKOWSKI AND MARK COATNEY

COMPANIES, PEOPLE

14 | BYTEDANCE TO THE MUSIC

The super-unicorn’s Douyin video site is cutting in on WeChat’s hold on Chinese youth.

BY YUE WANG

16 | INDIAN BANKER IN SHANGHAI

Heading a Brics lender, K.V. Kamath sees ties growing between its biggest backers.

BY RUSSELL FLANNERY

UNLESS OTHERWISE SPECIFIED, ALL TOTALS AND PRICES EXPRESSED IN OUR STORIES ARE IN U.S. DOLLARS.

S PAGE 44

“WE ARE NOT

AFRAID TO TAKE

CALCULATED BETS.”

—Jessica Tan, tech czar

at Ping An Insurance,

No. 10 on our Global 2000 List.

2 | FORBES ASIA JUNE 2018

COVER PHOTOGRAPH

BY JAE-HYUN KIM FOR FORBES