Companies

China hits US with retaliatory tariffs as trade war threat grows

China has hit the US with retaliatory tariffs on a series on products including soybeans, chicken, beef and pork, of up to 15%, after the US decided to impose further 10% tariffs on Chinese imports as of March 4; the US has also slapped tariffs on imports from Mexico and Canada.

March 04, 2025

Indonesia's BUMA launches inaugural Sukuk, raises $250m debt facility from Bank of Asia

The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts.

February 28, 2025

Third Hong Kong government digital bond issuance expected: Paul Chan

The city will “regularise” the issuance of tokenised bonds, according to Hong Kong's financial secretary at his latest Budget speech; Chan is expecting GDP growth of 2% to 3% in 2025.

February 26, 2025

KKR snaps up majority stake in India's Healthcare Global Enterprises from CVC

The $400m deal will see global PE firm acquire up to 54% of equity from CVC, and up to a total 77% stake of the Indian cancer care specialist; KKR made several significant investments into Indian healthcare firms last year, as regional PE deals bounceback.

February 24, 2025

Carlyle's Hexaware Technologies seals $1bn India IPO

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

February 19, 2025

Chinese EV battery giant CATL files initial HKEX listing application

The Shenzhen-headquartered lithium-ion battery maker has named seven banks involved in the listing process.

February 11, 2025

China Vanke secures Rmb2.8bn loan from Shenzhen Metro Group

Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make a loss of up to Rmb45bn in 2024.

February 11, 2025

Japan's Meiji Yasuda Life buys Legal & General America for $2.28bn

The deal includes an agreement to buy Banner Life, enter a partnership in the US pension risk transfer business, and an intention to take a 5% shareholding in Legal & General Group.

February 11, 2025

Analysis: How DeepSeek’s AI model is driving investors into an uncomfortable reality

The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.

February 04, 2025

Law firm Broadfield opens Hong Kong office

Effie Vasilopoulos, formerly at Sidley Austin, will lead Broadfield's Apac operations as the newly created firm looks to build out the team quickly to cover the region across funds, private equity and corporate advisory.

February 04, 2025