Category Archives:
Warburg Pincus closes $2.8 billion inaugural Asia real estate fund
By Kane Wu HONG KONG (Reuters) - U.S. private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8 billion, the firm said on Wednesday. The Warburg Pincus As...
Dec 21, 2021
Maersk nears deal to buy LF Logistics for about $3 billion – WSJ
(Reuters) - Denmark-based A.P. Moller-Maersk is in advanced talks to acquire Hong Kong-based LF Logistics for about $3 billion, the Wall Street Journal reported late on Tuesday, citing people familiar...
Dec 21, 2021
Oil climbs on weaker dollar, China, amid Omicron caution
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omic...
Dec 21, 2021
SBI CEO says worth pursuing option to take Shinsei private to return public funds
TOKYO (Reuters) - SBI Holdings Inc Chief Executive Yoshitaka Kitao said on Wednesday it's worth pursuing the option of taking Shinsei Bank Ltd private to return public funds totalling 350 billion yen....
Dec 21, 2021
Some BOJ board members see positive impact on Japan’s economy from weak yen
By Tetsushi Kajimoto TOKYO (Reuters) - Some members of the Bank of Japan's (BOJ) policy board said in October the yen's weakening would have a positive effect on the Japanese economy as a whole even t...
Dec 21, 2021
China will be able to keep economic growth stable – state planner
SHANGHAI (Reuters) - China has the confidence, condition, and ability to keep economic growth at a reasonable level, a senior state planning official told the Xinhua News Agency. The world's second-la...
Dec 21, 2021
Chinese autonomous driving startup raises $157 million from Hillhouse, Meituan
SHANGHAI (Reuters) - Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor's Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investo...
Dec 21, 2021
Canada’s Dye & Durham to acquire Link Administration for $2.5 billion
(Reuters) - Canada's cloud-based service provider Dye & Durham Ltd said on Tuesday it will acquire Australia-listed Link Administration Holdings Ltd for about C$3.2 billion ($2.48 billion). ($1 = 1.29...
Dec 21, 2021
U.S. SEC denies Apple’s bid to dismiss shareholder proposal on concealment clauses
By Julia Love and Stephen Nellis SAN FRANCISCO (Reuters) - The U.S. Securities and Exchange Commission has denied Apple Inc's bid to exclude a shareholder proposal that would require the company to in...
Dec 21, 2021
Japan govt intends to raise FY22 real GDP growth forecast to +3.2% -Jiji
TOKYO (Reuters) - Japan intends to raise its forecast for fiscal 2022 real gross domestic product (GDP) growth to 3.2%, the Jiji news agency reported. The projection would be an upgrade from a forecas...
Dec 21, 2021
Peoria, IL, USA
55 °F Partly cloudy
