The Cheng family's Hong Kong developer recently escaped its own “China Evergrande moment” by refinancing bank loans. Now it's trimming $1.3 bln of debt by handing bondholders better security. But ...
The ChatGPT developer is not yet listed. That makes the Japanese tech investor's 11% stake a rare public proxy for the ...
The $140 bln handset maker Xiaomi warns demand for high-end memory chips from firms like Nvidia has caused a shortage in ...
LevelField’s $70 mln deal for community bank Burling will add fuel to a warming market for financial tie-ups. The digital currency trading firm is paying 2.4 times book value, an over-60% premium to ...
The $20 bln shadow bank is gating redemptions at a fund pursuing a painful merger. It's a deal meant to stop costly arbitrage caused by sagging listed vehicles. If yesterday's qualms, like falling ...
Import-duty reductions on some $40 bln of staples like bananas and beef smack of political unease. It's also a tacit ...
AkzoNobel is buying Axalta some eight years after a merger was first mooted, creating a $25 bln firm. It’s a complex deal ...
The $67 bln German lender’s target of at least a 13% return on tangible equity by 2028 is a step forward. But it lags the ...
A new nationalist pro-military leader in Tokyo, Sanae Takaichi, is matching Beijing’s direct tone over Taiwan. That will keep ...
Fixed asset investment plunged 11% in October. Beijing’s crackdown on industrial overcapacity is intensifying. But its ...
Semiconductors are usually cheaper to buy than make. Nvidia's chips, though, are expensive and in short supply. That's why ...
The broadcaster took an 8% stake in rival Scripps, adding pressure to takeover talks. Cost savings of $300 mln, if valued ...