On Wednesday, in a significant development, a group of six investors with a combined $4 trillion of assets under management said, it aims to increase engagement with large Asian companies, including energy producers and banks, to ensure that they have… Read More ›
On Monday, in a statement Credit Suisse said, it is set to pay back another $400 million tranche to investors in insolvent supply chain finance funds linked to Greensill. “The fifth payment of proceeds from the recovery of assets underlying the… Read More ›
According to sources familiar with the matter at hand, Warburg Pincus LLC aims to raise $16 billion from investors for its biggest ever flagship global private equity fund. Warburg Pincus is in the “early stages of raising Warburg Pincus Global… Read More ›
In a statement China’s top securities regulator said, Beijing plans on further opening its capital markets to foreign investors with an aim to pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies. In recent months, global investors have been spooked… Read More ›
On Monday, in a statement Britain’s Financial Reporting Council said, 125 companies, including Fidelity, BlackRock, M&G, Legal & General, have endorsed Britain’s tougher best practice code to stop “greenwashing” assets, with 64 companies failing to make the cut. Among the… Read More ›
In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›
Shares of Indonesia’s PT Bukalapak.com jumped by 25% on its trading debut with investors scrambling to get a piece of the action in the country’s first listed tech unicorn. PT Bukalapak.com, which counts Singapore sovereign fund GIC Pte Ltd and… Read More ›
According to a source familiar with the matter at hand, SoftBank is selling around 45 million shares of its holdings in Uber Technologies Inc. With the news reaching the market, Uber’s shares tread downwards by 4.6% to $44 in extended… Read More ›
With China enacting a new law that bans private tutoring firms from making a profit from teaching core school subjects and raising capital, private equity investors are scrambling to exit the sector after pouring billions of dollars into it. With… Read More ›
In a significant development, 8 of the world’s top insurance and reinsurance companies, including Europe’s top three insurers by premiums, Allianz, AXA and Generali, have launched a partnership to help speed up the transition towards a net zero emissions economy…. Read More ›
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