Insurer AIA's Q1 new business value rises 31%, announces $2 billion buyback
(Reuters) -Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on...
1h ago
Singtel expects to report loss for 2024 second-half; flags $2.3 billion impairment
(Reuters) - Singapore Telecommunications said on Monday it expects to report a net loss for second-half of fiscal year 2024, ...
1h ago
Nigeria secures $600 million Maersk investment in seaport infrastructure
ABUJA (Reuters) - Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Molle...
2h ago
L'Occitane's billionaire owner close to possible $7 billion buyout bid, Bloomberg reports
(Reuters) -The billionaire owner of L'Occitane International is close to making a proposal to take the French skincare firm p...
4h ago
Deutsche Bank to assess options for possible Postbank settlement
FRANKFURT (Reuters) - Deutsche Bank said on Sunday that it would "carefully assess" options for a possible settleme...
4h ago
Blackstone to make improved bid for Hipgnosis, Sky News reports
(Reuters) - Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the mus...
9h ago
Exclusive-Chinese brokerage CICC cutting dealmakers' base pay by 25%, sources say
By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) - China International Capital Corp (CICC) is cutting the base pay of ...
15h ago
Thai ex-executive Pichai named finance minister, faces growth challenge
By Orathai Sriring BANGKOK (Reuters) - Thai former energy executive Pichai Chunhavajira was named the country's finance minis...
18h ago
Hong Kong economy to grow 2.5%-3.5% in Q1, financial chief says
HONG KONG (Reuters) - Hong Kong's gross domestic product (GDP) is expected to grow between 2.5% and 3.5% for the first quarte...
19h ago
Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources say
SHANGHAI (Reuters) -Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the elect...
19h ago