The fall of crypto exchange FTX last week should be seen as an isolated incident, not as a…
Category: EQUITY/M&A
SUMITOMO RAISES STAKE IN RCBC FOR US$460M
Japan’s Sumitomo Mitsui Financial Group Inc said on Wednesday it would buy an additional 15 per…
SATS ACQUIRES FRANCE’S WFS FOR US$1.15 BILLION
Singapore-based ground handling services firm SATS is acquiring Paris-based Worldwide Flight Services (WFS) for US$1.15 billion (S$1.65…
HEDGE FUNDS IN TODAY’S BEAR MARKET SIGNIFICANTLY OUTPERFORM EQUITIES
Hedge funds have provided their best downside protection in the ongoing bear market, as a proportion…
GRAB AIMING FOR 2024 PROFITABILITY
Grab Holdings Ltd. expects revenue to slow sharply as the Southeast Asian internet giant targets profitability…
INFLOWS INTO SOUTHEAST ASIAN STARTUPS AS CHINA FLOUNDERS
Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that…
ASIAN MARKETS FALL AFTER FED WARNED OF HIGHER RATES
Markets sank Monday (Aug 29) and the dollar rallied after Fed boss Jerome Powell warned of more…
NOBLE SANCTIONED WITH A S$12.6M FINE OVER FALSE FINANCIAL REPORTING
Authorities also issued stern warnings to two former directors of Noble Resources International for failing to…
SMFG JOINS THE FRAY AGAINST MUFG FOR PANIN BANK M&A
Sumitomo Mitsui Financial Group (SMFG) is mulling a rival bid for PT Bank Pan Indonesia (Panin…
SMIC ACQUIRES CONTROL OF GEOTHERMAL GIANT, PGPC
With the re-opening of most economies, a large number of companies have begun exploring capacity expansion…