Leadership
Biotech trade association to split with China’s WuXi AppTec
A WASHINGTON-BASED global trade association representing biotechnology companies is taking steps to “separate” from Chinese member Wuxi AppTec, according to a letter from its new CEO on Wednesday (Feb...
A US$6 billion tender offer key to Japan’s chip ambitions is slated to begin next week
A JAPANESE state-backed investment vehicle is going ahead with its US$6 billion buyout of chipmaking materials linchpin JSR, after securing assurances of China’s approval for a deal that Tokyo...
Buyouts help Temasek-backed hospital firm vie for top India spot
MANIPAL Health Enterprises is looking to acquire a smaller India hospital chain – its fourth buyout since 2020 – that can propel the Temasek Holdings-backed firm to being the...
Australian mega funds seen controlling US$9 trillion of pensions
A GROUP of massive pension funds will dominate Australia’s retirement system in the coming decades as increasing mergers and rivalry leave just a handful of powerhouse investors. That is...
Stocks to watch: Singtel, SIA, China Everbright Water, Lippo Malls Indonesia Retail Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 14): Singtel: Amid reports that it was intending to sell Optus for A$16 billion...
Reddit sees more than 20% sales growth in 2024 in IPO roadshow
REDDIT is telling potential investors in its initial public offering (IPO) that it expects revenue in 2024 to grow by more than 20 per cent versus the previous year,...
Hunter Biden trial on gun charges set for June 3
A US federal judge on Wednesday set June 3 as the tentative date for the start of the trial of President Joe Biden’s son Hunter on charges of illegal...
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
OIL prices rose about 3 per cent to a four-month high on Wednesday on a surprise withdrawal in US crude inventories, a bigger-than-expected drop in US petrol stocks and potential...
