Asset
23andMe shares tumble after bankruptcy filing and California attorney general’s privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had filed for Chapter 11 bankruptcy protection. The company...
Business Equipment: Asset or Liability?
Understanding the nature of your equipment is key to managing your finances when running a business. Equipment plays a vital role in operations, but can also come with financial...
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York HoldingsJAPAN’S Seven & i Holdings, operator of the 7-Eleven convenience store chain, has...
Asset managers churn out defence funds once deemed uninvestable
As governments across Europe ratchet up defence spending, money managers who previously judged the sector too controversial to touch are taking note.There’s currently a proliferation of portfolios focused on...
Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever
Bybit, one of the world's largest cryptocurrency exchanges, has been hacked, with analysts estimating losses of nearly $1.5 billion. Experts believe North Korean hackers were behind the attack, making...
Abrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter said, as the British firm...
Far East Hospitality Trust expands mandate to global investments, adjacent lodging asset classes
FAR East Hospitality Trust (FEHT) will have an expanded mandate to invest in new geographical markets and asset classes, effective 30 days from Thursday (Feb 20).The managers of the...
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on Wednesday (Feb 19), as the city seeks to boost...
