TPG Weighs l Sale of Singapore Healthcare Firm at $1 Billion Valuation
Private equity firm TPG is exploring selling its Singapore-based health-care company, according to people with knowledge of the matter.
Bloomberg Business
Fast Slide of ‘Super Peso’ Highlights Test for Emerging Markets
Turmoil in the US and European banking systems is testing even the most bullish of emerging-markets cases.
Nomura Cautions on Credit Suisse Hiring as Rivals Grab Talent
Nomura Holdings Inc., which snapped up thousands of employees when Lehman Brothers Holdings Inc. went under, is cautious about pouncing on the similar opportunity thrown up by turmoil at Credit Suisse Group AG.
Three UK Energy Firms Accounted for 70% of Forced Payment Meters
Three UK energy suppliers were responsible for more than 70% of prepayment meters installed under court order, government figures show.
South Korean Construction Deals Fall by Record Amid Slowdown
South Korea’s construction deals fell by a record margin last quarter as the property market cooled with rising interest rates weakening demand and inflation fueling costs.
CBC Group Seeks Mubadala, PIF Backing for Mideast Health Fund
CBC Group is setting up a fund to target healthcare assets in the Middle East, with potential backing from two of the region’s biggest wealth funds, according to people familiar with the matter.
Indonesia Tax Office Eyes Exit From Finance Ministry Amid Probe
Indonesia’s tax officers are mulling a proposal to split away from the Finance Ministry as a probe into a $20 billion scandal looms over them, according to people familiar with the matter.
Huawei Touts Progress Replacing Chip Design Software Led by US
Huawei Technologies Co. has developed software tools capable of designing chips as advanced as 14 nanometers, advancing efforts to help Chinese companies sidestep US sanctions and replace American technology.
Crypto Exec Exits Firm as It Starts Probe Into His Behavior
Crypto venture fund A&T Capital said founding partner Yu Jun has resigned, with the company starting an investigation into his behavior in the workplace.
Pinduoduo App Malware Detailed by Cybersecurity Researchers
Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions of PDD Holdings Inc.’s Chinese shopping app Pinduoduo, days after Google suspended it from its Android app store.
