By Makiko Yamazaki, Anirban Sen and Kane Wu TOKYO (Reuters) -Private equity firm KKR is nearing a deal to acquire Japanese medical gear maker Topcon, according to people familiar with the matter, marking the latest sign of increased leveraged buyout activity in Japan. If the talks are successful, a deal could be signed in the …
KKR nears deal to buy Japanese medical gear maker Topcon, sources say Read More »
BEIJING (Reuters) – China is ready to work with the European Union to jointly “resist unilateralism and protectionism”, Chinese Vice Premier He Lifeng told the bloc’s trade chief in Beijing on Thursday, state-run Xinhua reported. China is willing to work with the European Union to properly handle economic and trade disputes, He told Maros Sefcovic, …
China ready to work with EU against protectionism, Vice Premier says Read More »
(Reuters) -An entity controlled by Indonesia’s Widjaja family said on Thursday it had offered to buy the shares of Singapore-listed Sinarmas Land that it does not already own, valuing the property firm at S$1.32 billion ($986 million). The Widjajas own a 65.75% stake in Sinarmas Land through their family trust, according to LSEG data. The …
Indonesia’s Widjaja family offers to take Sinarmas Land private in $986 million deal Read More »
By Chen Aizhu SINGAPORE (Reuters) -CNOOC Ltd on Thursday reported a 11.4% growth in 2024 net profit on record oil and gas output despite weaker oil prices. The offshore oil and gas specialist posted a net profit of 137.9 billion yuan ($18.99 billion) in a filing to the Hong Kong Stock Exchange on Thursday. This …
China state oil group CNOOC’s net profit surges on record output Read More »
SEOUL (Reuters) -South Korea’s financial market watchdog on Thursday ordered Hanwha Aerospace to submit a revised filing after the defence company announced a capital increasing plan worth 3.6 trillion won ($2.46 billion). The order comes a week after Hanwha Aerospace announced the plan, the country’s biggest-ever secondary share issue, to boost local and overseas production …
S. Korea watchdog blocks Hanwha Aerospace $2.5 billion capital raising plan Read More »
SINGAPORE – The Monetary Authority of Singapore said on Thursday it was seeking feedback on a proposed regulatory framework for retail investors to invest in private market investment funds. Singapore’s central bank said in a statement the move followed signs of growing interest from retail investors in such funds, and from industry players in offering …
Singapore’s central bank proposes rules for retail private market investment funds Read More »
(Reuters) -Chinese electric vehicle maker Nio plans to raise around HK$3.50 billion ($450.1 million) via a share placement to develop its smart EVs, a term sheet showed on Thursday. Nio will offer 118.8 million shares at HK$29.46 each, according to the term sheet. The issue price represents a 14% discount to the stock’s closing price …
Chinese EV maker Nio to raise $450 million for EV development, term sheet shows Read More »
(This March 26 story has been corrected to say that wealth connect accounts shot up in the 12 months from February 2024, not four months, in paragraph 8) By Selena Li and Kane Wu HONG KONG (Reuters) – Hong Kong’s central bank head said on Wednesday that he expects Chinese capital inflows to Hong Kong …
Chinese capital outflows to boost Hong Kong markets, central bank chief says Read More »
By Stefanno Sulaiman JAKARTA (Reuters) -Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia’s biggest economy following a stock market selloff and currency slump, an official said on Thursday. President Prabowo Subianto will meet with investors and others following the long Eid-al-Fitr holiday, …
Indonesia seeks to calm investors after stocks, rupiah slide Read More »
By Kevin Yao and Binbin Huang BOAO, China (Reuters) – Chinese Vice Premier Ding Xuexiang on Thursday pledged stronger policy support for the world’s No.2 economy, which he said had started 2025 well and was on track to hit this year’s growth target, buoyed by advancements in AI and other technologies. His keynote speech at …
China vice premier pledges more policy support, says economy started 2025 well Read More »
