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Hong Kong Exchange To Acquire Majority Stake In Chinese Fintech Firm

ASIA - Published date: .

Hong Kong Exchanges and Clearing Ltd (HKEX), the stock exchange operator in the Asian financial hub, has agreed to ... Read more

Thai Digest: BreadTalk Buys Out Partner Stake; ZEN Secures $31.35m Via IPO

ASIA - Published date: .

SGX-listed BreadTalk has bought out its Thai joint venture partner stake for $5.15 million while the share price of Zen... Read more

India An Investment Priority For Saudi Aramco, Says CEO Amin Nasser

ASIA - Published date: .

Saudi Aramco said on Wednesday that investing in India is a priority for the company, and it expects the country’s oi... Read more

Chinas Tencent Says It Will Not Scale Back On Investments This Year

ASIA - Published date: .

China’s Tencent Holdings will not scale back on investments this year after a record high of 16 companies it invested... Read more

MY Digest: Nexea Backs 3 Startups; Boustead Sells Hotel; SDB Announces Share Swap

ASIA - Published date: .

Malaysia-based accelerator and VC firm Nexea has invested in three local startups. On the corporate side, Boustead Hold... Read more

Baidu Stands To Lose Most In Chinas Continued Economic Downturn

ASIA - Published date: .

Baidu Inc., after falling well behind China’s two internet giants, looks in danger of losing even more ground if the ... Read more

Temasek-backed SATS Said To Tap Advisers To Review M&A Strategy

ASIA - Published date: .

SATS Ltd., a Singapore-based provider of ground handling and catering services to airlines, is working with advisers to... Read more

Alibaba Hikes Stake In Chinese Investment Bank CICC

ASIA - Published date: .

Alibaba Group Holding Ltd. has acquired another chunk of shares in China International Capital Corp. for about HK$1.8 b... Read more

Chinas Fosun Mounts Takeover Bid For German Fashion Chain Tom Tailor

ASIA - Published date: .

Chinese conglomerate Fosun International announced a takeover bid for troubled German clothing retailer Tom Tailor on... Read more

Asia Dealbook: Srisawad Eyes Agribank Arm; Kerry Logistics, E-Services Group In JV

ASIA - Published date: .

Thai financial firm Srisawad Corporation is looking to acquire ALC I, a financial leasing company wholly-owned by stat... Read more

IFC Extends $275m Loan Package To Indonesian Diversified Firm Trans Corp

ASIA - Published date: .

The International Finance Corporation (IFC), the private lending arm of the World Bank Group, has announced an extens... Read more

Overseas Investment Banks Grab Top Rankings In Japan Due To Outbound M&A Spree

ASIA - Published date: .

Japan Inc.’s record acquisition spree is proving to be better news for overseas investment banks than for their home-... Read more

Duff & Phelps Acquires Zolfo Cooper Asia To Expand China Footprint

ASIA - Published date: .

Global advisor firm Duff & Phelps has acquired Zolfo Cooper Asia in a move that will enable it to strengthen restr... Read more

India Digest: Zee Entertainment, GVK Airport Developers, Jaypee Infra Stake Sale

ASIA - Published date: .

Overseas and local investors are said to be queuing up to pick stakes in Indian companies – Zee Entertainment, GVK A... Read more

China Digest: Alliance Ventures Backs PowerShare; New Crop Capital Appoints Advisor

ASIA - Published date: .

Alliance Ventures has invested in electric vehicle charging startup PowerShare, while US venture capital firm New Cro... Read more