Tencent-Backed Sea’s 112% Rally Has Reasons to Run
Sea Ltd. shares have more than doubled since November, boosting optimism that the tech conglomerate is on the
2023-05-12 17:53
Richemont Boss Rupert Quashes Talk of Deals with LVMH or Kering
Johann Rupert, the controlling shareholder of Swiss luxury goods conglomerate Richemont, dismissed talk of a takeover by bigger
2023-05-12 17:20
Kepco CEO to Resign as Utility Pledges Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 15:28
GSK Raises $1 Billion Selling Shares in Haleon Consumer Spinoff
GSK Plc raised £804 million ($1 billion) selling a stake in Haleon Plc, the consumer health-care division it
2023-05-12 14:54
Earnings Surge for Main Thai Airlines as Tourists Flock Back
Thai Airways International Pcl and Bangkok Airways Pcl reported a surge in first-quarter earnings as tourists flocked back
2023-05-12 12:59
Kasikornbank Halts Plans to Sell Asset Management Stake
Kasikornbank Pcl, Thailand’s second-biggest lender, has halted plans to sell a stake in its asset management business, according
2023-05-12 11:53
China Builder Fantasia Faces Key Shareholder Revolt on Debt Plan
A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing
2023-05-12 10:45
Billionaire Adani’s Firms Weigh Raising Up to $5 Billion, Sources Say
Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5
2023-05-12 09:48
Two Adani Group Firms Dropped From MSCI’s India Gauge
Global index manager MSCI Inc. will exclude two Adani Group firms from its India gauge, potentially dealing a
2023-05-12 09:26
SoftBank Stock Drops After Vision Fund Loses Money Again
SoftBank Group Corp. shares dropped after its Vision Fund investment arm lost money again in the latest quarter
2023-05-12 08:52
Asia Shares Set for Mixed Open After Bonds Rally: Markets Wrap
Stocks in Asia are set for a muted open after a mixed US session that saw Treasuries and
2023-05-12 08:50
Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt
Carl Icahn’s holding company authorized a buyback equaling almost 27% of its shares trading on the open market,
2023-05-12 05:48