Sources

Schneider in talks to buy Temasek’s stake in Indian JV: sources
Schneider in talks to buy Temasek’s stake in Indian JV: sources
A potential transaction could value the whole venture at roughly US$5 billion including debtPublished Wed, Jul 16, 2025 · 06:51 PM[NEW DELHI] Schneider Electric is considering buying out the...
SoftBank-backed travel app Klook is said to consider US listing: sources
SoftBank-backed travel app Klook is said to consider US listing: sources
Published Wed, Jul 16, 2025 · 04:54 PM[HONG KONG] Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as...
Shein to file confidentially for Hong Kong IPO in rare move: sources
Shein to file confidentially for Hong Kong IPO in rare move: sources
CHINA-FOUNDED fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings...
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
[HONG KONG] Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with...
US may target Samsung, Hynix, TSMC operations in China: sources
US may target Samsung, Hynix, TSMC operations in China: sources
[BENGALURU] The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC), making it more...
Chevron seeks buyers for 50% stake in Singapore refinery: sources
Chevron seeks buyers for 50% stake in Singapore refinery: sources
[SINGAPORE] US oil major Chevron has sought non-binding bids for the sale of its 50 per cent stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina,...
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food delivery company has run into regulatory hurdles, three sources said, casting...
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
[HONG KONG] China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people...
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
[HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter. Singapore-based Ant...
Shein and Reliance aim to sell India-made clothes abroad within a year, sources say
Shein and Reliance aim to sell India-made clothes abroad within a year, sources say
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months,...