Real Estate
Panasonic to sell autos business to Apollo Global-managed funds
JAPAN’S Panasonic said on Friday (Mar 29) it will sell its entire stake in Panasonic Automotive Systems (PAS) to funds managed by US private equity firm Apollo Global Management,...
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
CHINESE companies are staring at the prospects of a drought of new equity capital as tougher domestic initial public offering (IPO) rules and challenges in listing overseas severely curb...
Japan FX chief calls yen’s slump unusual, vows to act if needed
JAPAN’S top currency official said recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings...
Baltimore bridge, port recovery will be ‘very long road’
CLEANUP efforts were set to begin on Thursday at the scene of the catastrophic bridge collapse over Baltimore harbor, as authorities warned of extensive work before the major US...
Hatten Land gets notice of default, letter of demand for RM14 million, appoints financial adviser
MDSA Resources, an indirect wholly owned subsidiary of Hatten Land : PH0 0%, has received a notice of default and a letter of demand from Kenanga Investment Bank for a...
ComfortDelGro wins contracts to run buses in Manchester
METROLINE Limited, a wholly-owned subsidiary of , has won contracts worth £422 million (S$719.8 million), to operate four public-bus franchises in the UK for five years. It will run buses...
Sam Bankman-Fried, at sentencing, acknowledges FTX customers have suffered
SAM Bankman-Fried on Thursday (Mar 28) acknowledged at his sentencing hearing that customers of the now-bankrupt FTX cryptocurrency exchange he founded have been suffering, and said he apologised to...