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Ardian raises US billion in world’s biggest private equity secondary market fundraising
Ardian raises US$30 billion in world’s biggest private equity secondary market fundraising
FRENCH private equity (PE) group Ardian has raised a record US$30 billion in the largest-ever secondary market fundraising globally. This is its ninth such fundraising since 1999, and is...
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive...
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5%ASSET manager BlackRock is Yangzijiang Shipbuilding’s...
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5%ASSET manager BlackRock is Yangzijiang Shipbuilding’s...
China’s biggest shipping line added to US military blacklist
China’s biggest shipping line added to US military blacklist
COSCO Shipping Holdings, China’s biggest marine transport line, has been blacklisted by the US government for alleged links with the People’s Liberation Army.The shipping line was named in a...
LG CNS begins taking orders for Korea’s biggest IPO since 2022
LG CNS begins taking orders for Korea’s biggest IPO since 2022
LG CNS, whose services include cloud and warehouse management, is accepting bids until Jan 15 LG Corp’s tech-services unit started taking orders for an initial public offering in Seoul...
Gold heads for biggest gain since 2010 in mixed year for metals
Gold heads for biggest gain since 2010 in mixed year for metals
GOLD is heading for its biggest gain in 14 years, with a 27 per cent advance fuelled by US monetary easing, sustained geopolitical risks and a wave of purchases...
Biggest danger in Trump era is risk of US economy overheating
Biggest danger in Trump era is risk of US economy overheating
The president-elect and his supporters seem determined to shake things up, but this could mean market volatility MOST Wall Street strategists anticipate the 2024 rally gaining stronger momentum in...
China plans dam near India that could be world’s biggest
China plans dam near India that could be world’s biggest
CHINA is pressing ahead with plans to construct a mega-dam near its contested border with India, a colossal undertaking that could generate three times as much power as the...
China plans dam near India that could be world’s biggest
China plans dam near India that could be world’s biggest
CHINA is pressing ahead with plans to construct a mega-dam near its contested border with India, a colossal undertaking that could generate three times as much power as the...