Lifestyle
LG Energy aims to double sales by expanding non-EV businesses
BATTERY maker LG Energy Solution said it plans to more than double sales by 2028, through aggressively expanding non-electric vehicle businesses such as energy storage systems.The South Korean company...
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer...
Japan expands LNG flexibility via cooperation with South Korea, Italy
JAPAN has agreed on Sunday (Oct 6) to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world’s second-biggest LNG importer after...
Saudi Arabia’s PIF mulls larger stake in Nintendo: report
SAUDI Arabia’s Public Investment Fund (PIF) is considering raising its stakes in Nintendo and other Japanese gaming companies, Kyodo News reported on Saturday (Oct 5).Prince Faisal bin Bandar bin...
Wealthy investors head online for private markets products as quality, access improve
Lower entry points that make it easier to diversify, greater control over portfolio are some advantages cited SELF-SERVE online investment platforms are gaining traction among the well-heeled, who have...
Banks whip out chequebooks for leveraged buyouts as rates fall
Investment banks, forced to take big writedowns on risky merger and acquisitions loans after a global surge in interest rates, are now jumping back into leveraged buyouts (LBO) –...
Temasek-backed TrueLayer loses unicorn status in fundraising round
TRUELAYER, a fintech backed by Tiger Global, Temasek and Stripe, has seen its valuation slashed by roughly 30 per cent in its latest funding round, according to a person...
China stock traders ponder how far blockbuster rally can go
AS CHINESE stocks in Hong Kong head for their best two-week rally since 2007, questions are arising over just how far this rebound can go.
The Hang Seng China...
