Indonesia's Indofood CBP Sukses Makmur plans to buy instant noodle maker Pinehill for $3.0 billion as it eyes growth in Africa and the Middle East, according to a stock exchange filing.
U.S. stock index futures rose on Monday as a surprisingly upbeat jobs report last week added to optimism that the world's biggest economy has weathered the worst fallout of the coronavirus outbreak.
Power provider PG&E Corp said on Monday it plans to raise US$5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.
Power provider PG&E Corp said on Monday it plans to raise US$5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a national security law on the city, five people said.
U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA).
PHILIPPINES-BASED digital financial services provider Ayannah and India-based payments company Equity Capital Advisors Pte Ltd have merged, with plans to raise US$30-50 million in a Series B round.
PHILIPPINES-BASED digital financial services provider Ayannah and India-based payments company Electronic Cash and Payment Solutions (S), better known as ECAPS, have merged, with plans to raise US$30-50 million in a Series B round. (see amendment note)
BANK of Singapore, the private banking arm of OCBC, on Monday said it has appointed veteran banker Lim Leong Guan as its new global head of products.
The first stages of a South Korean government “Green New Deal” aiming to retool one of the world’s most fossil fuel-reliant economies is focused instead on protecting jobs as the country seeks to stimulate a virus-ravaged economy, activists say.
