The Canadian pension fund signed up for two floors in Henderson Land Development Co.’s new Hong Kong office building, according to people familiar with the matter, a win for the developer amid record-high vacancy for skyscrapers in the Asian financial hub.
Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group’s Silicon Valley Bank last year, months before the bank’s announcement that it was selling assets to shore up capital, according to an email reviewed by Bloomberg News.
Four petitioners filed a case at Kenya’s high court seeking to stop a government plan to nationalize the importation of petroleum products, saying it violates the constitution.
ASMPT Ltd., a semiconductor and electronics equipment maker, is attracting takeover interest from private equity firms, people with knowledge of the matter said.
China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest maker of batteries for electric vehicles.
China-born crypto mogul Justin Sun sought to counter concerns about the strength of the Huobi exchange, one of the largest trading venues in digital assets, after a flash crash in the platform’s native token.
Chinese electric-vehicle manufacturers led declines in Asia’s largest economy as a pricing battle between major automakers intensifies.
Egypt’s central bank may have to raise interest rates by as much as 300 basis points when it meets later this month, after February’s inflation far surpassed expectations, according to Goldman Sachs Group Inc.
US President Joe Biden dropped into a meeting at the last minute in the White House to see a man all of Washington wants an audience with: Sauli Niinisto, once upon a time known as the “Putin whisperer.”
The US government should consider a “highly dilutive” bailout of SVB Financial Group if a private capital solution can’t be provided, according to Pershing Square founder Bill Ackman.
