Private Equity
Mitsubishi said it would use Blackstone’s financial resources to help advance the expansion.
1
Mitsubishi to sell down LNG Canada stake to Blackstone funds for $1.6b
2
Crypto exchanges call for quick moves to bolster defenses after Binance heist
3
Marvell to buy Lumentum in $115b deal amid AI data centre push
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Capital.com receives approval for Singapore capital markets licence
5
India: SEBI backs removal of long-term capital gains tax for foreign investors
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Amazon-backed Indonesian quick commerce firm Astro eyes fresh funding
Singapore’s Evo Commerce raises $7m via preference shares
ESR appoints Roy Teo to lead SE Asia operations
HK’s IBS proposes $72m acquisition of AI chip designer QuantumCompute
Nihon PMI sees opportunities in Japan’s healthcare succession challenges
Analysis
The heist exposed their vulnerability just as they become more embedded in mainstream finance.
Deals
Nvidia invested $2 billion each in Marvell and Lumentum earlier this year.
Policy & Regulations
The CEO of the entity is Tony Lim, the former CEO of IG Asia.
IPOs & Markets
The markets regulator has also proposed tax relief for domestic mutual fund investors.
India
The fund has invested in four companies so far.
World
OpenAI is racing to secure investor commitments before rival Anthropic’s expected IPO in mid-Nov.
The round also saw participation from existing investor Omnivore.
Singapore
The fund is reportedly targeting to raise a total corpus of $2.1 billion.
Rest of Asia
SGB is a digital bank licensed and regulated by the Central Bank of Bahrain.
