Greater China
Conditions include sharing excess profit with the US government.
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
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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
World
The regulator has raised mounting concerns about Chinese telecom companies in recent years.
India
Seven listed firms of the Adani Group have shed over $120b in market value since the Hindenburg report was published.
Many investors have seen a wave of regulatory blitzes over the last couple of years.
The CFTC sued Binance alleging that it was operating an ‘illegal’ exchange and a ‘sham’ compliance programme.
The deposits in question were not part of a rescue deal arranged with Flagstar Bank.
HK’s proactive steps have attracted crypto and blockchain players to set up a presence in the city.
Philippines
Land Bank of the Philippines and the Development Bank of the Philippines to merge.
Indonesia
The possible additions will take the total number of OJK commissioners to 11.
Group plans to urge govt to ban social networks that are used for disinformation campaigns.