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Ninja Van Group, a Singapore-based logistics start-up, raised US$578 million in its latest ­funding round, including an ­investment from e-commerce giant Alibaba Group Holding, ­lifting its valuation above US$1 ­billion [...]

Prudential, Britain's biggest ­insurer by market value, has said it expects to raise HK$18.5 billion from a share placement in Hong Kong to repay older debt and fund its global [...]

Hong Kong's proposed listing rules for special purpose acquisition companies (SPACs) could give it extra firepower in the race to attract Chinese new economy companies and biotechnology firms, according to [...]

The US Department of Justice has called for a review of Zoom Video Communications' planned US$14.7 billion acquisition of cloud-based customer service provider Five9 on national ­security grounds. The review [...]

A widely expected default by China Evergrande Group as soon as this week is unlikely to spark a broader malaise that threatens the overall stability of the country's financial system [...]

Hong Kong will only allow large blank-cheque companies that raise at least HK$1 billion to list on its main board and ban retail investors from buying the so-called special purpose [...]

Conglomerate CK Hutchison has agreed to merge its Indonesian wireless telecommunications business with the local operations of Qatar's Ooredoo to sharpen their competition against the market leader. The US$6.1 billion [...]

HSBC has accelerated hiring plans for its wealth management business on the mainland this year, as part of its big bet on rising incomes and wealth in Asia, ­according to [...]

The collapse of Blackstone Group's US$3.06 billion deal for Soho China, known for the Leeza Soho and other futuristic office buildings in Beijing, comes at a fraught time for the [...]

Hong Kong's pipeline for initial public offerings is starting to fill up as more companies emerged from the summer lull to file their listing plans, potentially helping the city catch [...]

A new bourse planned for Beijing could be a potential alternative for up-and-coming Chinese technology firms that may consider going public via special purpose acquisition companies (SPACs), particularly with greater [...]

Goldman Sachs said yesterday that it had hired Kevin Sneader, the former top executive at ­consulting firm McKinsey & Co who was ousted earlier this year, as its new co-president [...]

BlackRock, the world's biggest asset manager, said yesterday it had raised 6.7 billion yuan (HK$8 billion) with its first mutual fund in China, with the announcement coming just days after [...]

Two major credit rating agencies have downgraded the long-term debt of property developer China Evergrande, saying the company faces a 'high default risk'. Fitch Ratings said yesterday that it had [...]

One of America's earliest in­vestors in China fired an opening salvo in a potential war of words with the biggest global asset ­manager this week, as two of Wall Street's [...]

The soon-to-be expanded Qianhai economic zone in Shenzhen could be a potential boon for Hong Kong's financial sector, particularly as banks, asset managers and professional services firms look to tap [...]

A new stock exchange planned for Beijing could provide a ­financial lifeline for innovative small and medium-sized enterprises (SMEs) that have often struggled to access funding, as President Xi Jinping [...]

Singapore said it will allow ­special-purpose ­acquisition ­companies (SPACs) to go public on its bourse as of today, as the city state hopes to become the go-to market in Asia [...]

Sustainability has become important to wealthy investors in Hong Kong and Singapore, according to St James's Place Wealth Management Asia. Environmental, social and governance (ESG) factors and sustainability played a [...]

A slowdown in issuance by ­special-purpose acquisition companies (SPACs) after a blockbuster start this year is 'healthy' for the ­market and will help sustain the appetite for the investment ­vehicle [...]

Hong Kong-based Esquel Group, one of the world's biggest shirtmakers, said it had resumed ­litigation to take its Xinjiang unit off an American blacklist after it failed to reach an [...]

SenseTime Group, China's largest artificial intelligence (AI) ­company, has filed to go public in the city in one of the biggest ­technology offerings since Beijing cracked down on the country's [...]

Diana Cesar, HSBC Holdings' Hong Kong CEO, will take over as the top ­executive at Hang Seng Bank on September 1, after the subsidiary's vice-chairman and chief executive, Louisa Cheang [...]

Merger activity remains high in Asia, including China, against the backdrop of Beijing's continuing regulatory crackdown on the technology sector, which has heightened concerns among ­investors, according to one of [...]

Asia is lagging behind when it comes to sustainable investing, but attitudes are changing, ­particularly as a new generation of leaders seeks to make an impact through its investing choices, [...]

A new anti-sanctions law planned for Hong Kong could put some of the city's biggest financial institutions squarely in the middle of a rapidly escalating rivalry between Beijing and Washington [...]

The operator of the Canadian doughnut-and-coffee chain Tim Hortons will list its China joint venture in New York via a merger with a special purpose acquisition company (SPAC), as the [...]

HSBC's insurance arm plans to buy the Singapore business of its French rival AXA for US$575 ­million as it strengthens its focus on growth opportunities in Asia, particularly among the [...]

Standard Chartered chief executive Bill ­Winters has said he was ­'optimistic' the bank could avoid any hazards from the increasingly frosty ­relations between Beijing and Washington as the emerging ­markets-focused [...]

China Telecom, the country's largest fixed-line operator, will raise as much as 54.2 billion yuan (HK$65.2 billion) from its share offer in Shanghai, months after it was delisted from the [...]

Esquel Group, one of the world's biggest shirtmakers, won a rare victory in its effort to get one of its subsidiaries removed from a US government ­blacklist over allegations of [...]

Competition is likely to intensify among Chinese internet com­panies, such as Alibaba Group Holding, JD.com and Tencent Holdings, as Beijing places greater scrutiny on ­mergers, overseas ­listings and ­anti-competitive behaviour [...]

Standard Chartered reported profit more than doubled in the second quarter as it joined larger rival HSBC Holdings in restoring its interim dividend to shareholders and said it would buy [...]

HSBC Holdings said it would ­restore its interim dividend to shareholders as it ­reported better-than-expected profit for the ­second quarter on releases of ­reserves for soured loans and ­lower operating [...]

Investors will be watching this week to see whether HSBC and Standard Chartered resume ­paying interim dividends as the lenders prepare to report their first-half results against the backdrop of [...]

Hong Kong's regulators are ­reviewing the process for ­appointing the manager to ­oversee the Tracker Fund, as it moves to shield the city's biggest exchange-traded fund from being ensnared in [...]

The latest round of Hong Kong's inflation-linked government debt targeted at senior savers, known as Silver Bonds, has been ­oversubscribed by 2.8 times, ­attracting a record HK$67.97 ­billion from 257,000 [...]

Hello Inc, the bike-sharing firm backed by Ant Group, said ­yesterday that it will scrap its plans to go public in the United States, becoming the most ­high-profile offering to [...]

The Exchange Fund earned HK$51.4 billion from its investments in the second quarter as it benefited from gains in overseas equity markets and on its bond portfolio, according to the [...]

Financial services professionals in Asia are confident they will ­receive bigger bonuses in 2022 as banks and other institutions scramble to attract and retain ­talent, according to headhunting firm Selby [...]

Heavily indebted developer China Evergrande said yesterday it had resolved a dispute with a bank creditor that had led to 132 ­million yuan (HK$158.6 million) of its assets being frozen [...]

Esquel Group, one of the world's biggest shirt makers, has asked an American court to grant a preliminary injunction removing one of its subsidiaries from a United States government blacklist [...]

Hong Kong's senior citizens rushed to subscribe to the latest batch of inflation-protected bonds on the first day of the ­offering yesterday, after the ­government opened the scheme to more [...]

Heightened oversight of foreign listings by China's tech unicorns and an uncertain regulatory ­environment could weigh on the pace of deals by special-purpose acquisition companies (SPACs) seeking to buy Chinese [...]

Social media and lifestyle ­platform Xiaohongshu has put its planned initial public offering in the US on hold after Beijing ­announced plans to ­increase its scrutiny of foreign ­listings by [...]

Some of Wall Street's biggest banks could potentially lose ­hundreds of millions of dollars in lucrative investment banking fees if Beijing's new rules on foreign listings force tech firms to [...]

Singapore sovereign wealth fund Temasek Holdings, an early ­backer of Ant Group and ride-hailing giant Didi Chuxing, ­remains 'bullish' on China even as Beijing cracks down on the technology sector. [...]

The Bank of England removed a series of 'temporary guardrails' implemented in December that restricted the amount HSBC Holdings, Standard Chartered and other lenders based in Britain could distribute to [...]

Two members of the US Senate's influential banking committee have called on the US Securities and Exchange Commission to conduct an inquiry into Chinese ride-hailing giant Didi Chuxing over its [...]

Didi Chuxing is facing a new ­problem: angry US ­shareholders. The operator of China's ­dominant ride-hailing app is ­facing at least two lawsuits filed in courts in New York and [...]