Asia Digest: Macquarie cuts value of BYJU's investment by 98%; EQT-Temasek to sell O2 Power

Macquarie Capital is writing down nearly its entire investment in India’s BYJU’s, weeks after Swiss bank Julius Baer Group Ltd. accused it of charging fees based on an outsized and outdated valuation, Bloomberg reported. Separately, EQT Capital and Temasek have decided to sell renewable energy platform O2 Power.