Ex-Morgan Stanley Prime Broker Plans $3 Billion Hedge Fund
Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly
2023-09-21 13:57
Unprofitable China EV Maker Nio Unveils Phone Pitched at Drivers
While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio
2023-09-21 13:47
Toshiba to Go Private as $13.5 Billion Buyout Offer Succeeds
Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a
2023-09-21 12:46
Economists Aren’t Buying Australia’s Ambitious Housing Plans
Australian governments have unveiled multi-billion dollar plans in recent days to help address the nation’s deepening housing crisis,
2023-09-21 11:23
B.Grimm Weighs Stake Sale in $2 Billion Power Assets, Sources Say
B.Grimm Group is considering selling a minority stake in its gas-fired power portfolio in Thailand that could be
2023-09-21 10:46
BYD Launches Dolphin Hatch to Crack Japan’s Tricky EV Market
BYD Co. introduced its Dolphin electric car to Japan, betting that the compact hatch will help spearhead sales
2023-09-20 09:50
China LGFV Bond Sales Boom Again as Beijing Steps Up Support
China’s local government financing vehicles are staging a comeback in credit markets, with a surge in yuan bond
2023-09-20 07:55
Jokowi Says Successor Must Adopt His Reforms to Reach 7% Growth
Indonesia’s outgoing President Joko Widodo said Southeast Asia’s largest economy can attain its fastest expansion in three decades
2023-09-20 06:56
Housing ‘Vicious Spiral’ Drags Australia Into Deepening Crisis
It’s getting harder than ever to rent a home in Australia as one of the world’s most acute
2023-09-20 06:47
Wheat Extends Drop as First Ship Leaves Ukraine’s Black Sea Port
The first grain ship left Ukraine’s port of Chornomorsk, as Kyiv seeks to defy Russia’s effective blockade of
2023-09-19 16:50
Europe’s Rules on Ammonia-to-Hydrogen Kit Spark Investor Alarm
Europe’s nascent hydrogen industry is ready to battle the European Commission over a new set of rules, with
2023-09-19 14:46
New €360 million Climate Fund Launches Despite Market Downturn
The venture capital firm that bankrolled the “Tesla of tractors” is bucking the trend of retreating climate tech
2023-09-19 12:52