Deals
The investment is Ford’s first in the Southeast Asian country.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
More Stories
Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
Venture Capital
GGV is raising a combined $2.5b for a set of four new VC funds.
IPOs & Markets
Despite being the top region globally, the number of IPOs in APAC declined by 6%.
QatarEnergy has in recent years picked up exploration blocks through deals with top Western companies.
Policy & Regulations
The regulator has raised mounting concerns about Chinese telecom companies in recent years.
Seven listed firms of the Adani Group have shed over $120b in market value since the Hindenburg report was published.
People
He takes charge weeks after UBS bought its Swiss rival in a shotgun merger.
The price represents a 6.8% discount to Tuesday’s closing value.
The letter detailed potential risks to society and civilisation by human-competitive AI systems.
The CFTC sued Binance alleging that it was operating an ‘illegal’ exchange and a ‘sham’ compliance programme.
