Business

China Evergrande shares tumble 25% after wealth management staff detained

HONG KONG Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff

2023-09-18 09:42

Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

By Scott Murdoch SYDNEY Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to

2023-09-18 09:11

Japan's yen in spotlight ahead of 'live' BOJ meeting

By Vidya Ranganathan SINGAPORE The U.S. dollar and most major currencies were flatlining in early trades on Monday,

2023-09-18 08:47

Klaviyo Said to Boost Target for Tuesday IPO to $557 Million

Marketing and data automation provider Klaviyo Inc. is elevating its target to $557 million for what is expected

2023-09-18 08:44

Singapore's Aug exports fall 20% y/y, more than forecast

SINGAPORE Singapore's non-oil domestic exports (NODX) fell 20.1% year-on-year in August, official data showed on Monday, as both

2023-09-18 08:39

Taiwan Dollar Slump Seen Ending on China Recovery, Chip Outlook

The worst may be over for the Taiwan dollar as China’s economic recovery and a rebound in the

2023-09-18 08:31

KKR to Buy 20% of Singtel’s Datacenter Arm for $800 Million

KKR & Co. agreed to pay S$1.1 billion ($807 million) for a fifth of Singapore Telecommunications Ltd.’s regional

2023-09-18 08:05

China Hedge Fund Makes Rare Activist Push Targeting US, HK Firms

A Chinese hedge fund manager is launching a rare activist campaign to boost returns. Huakun Ding, founder of

2023-09-18 08:00

KKR to acquire stake in SingTel's regional data centre unit for $807 million

Singapore Telecommunications said on Monday private equity firm KKR will acquire a 20% stake in the firm's regional

2023-09-18 07:49

Australia's Costa Group gets lower buyout offer from PE firm Paine Schwartz

Costa Group Holdings Ltd said on Monday U.S. private equity firm Paine Schwartz Partners (PSP) reduced its non-binding

2023-09-18 07:38

China’s Corn Harvest Escapes Worst of Typhoon Flood Devastation

Grain farmers in northern China have escaped the worst impact of the summer’s typhoons on production, with harvests

2023-09-18 07:01

Asia Loan Deals Set for Boost From Australia, India, Bankers Say

Asian loan volumes are poised for a rebound in 2024 thanks to expected deal flows in Australia and

2023-09-18 07:00