GIC boosts investment by $150m in Asia Healthcare Holdings
December 18, 2024 Asia Healthcare Holdings (AHH), which runs a specialty hospitals focused healthcare platform, has received $150 million of backing GIC, Singapore’s sovereign...
GIC invests in $62bn AI firm Databricks amid Apac and Middle East expansion
December 18, 2024 Databricks, a San Francisco-headquartered data and artificial intelligence (AI) company, has completed a substantial portion of a $10 billion Series J...
Bangladesh under huge money laundering cloud: interim government
Unscrupulous businesses and political elites have siphoned off billions of dollars worth of money each year from the impoverished Bangladesh during the past regime...
HK's central bank subsidy aims to boost digital bond offering
The Hong Kong Monetary Authority (HKMA) will offer eligible digital bond issuances up to HK$2.5 million ($320,000) in a subsidy, as the city eyes...
Asia’s bond outlook upbeat for issuers in 2025: JP Morgan
December 17, 2024 A mix of lower interest rates, lower defaults and more issuances bode well for corporates and governments looking to tap Asia’s...
FinanceAsia wishes you a happy holiday season
December 17, 2024 To all our readers – thank you for your continued support in 2024 from the FinanceAsia team. We would like to...
ASIC starts legal action against troubled airline Rex and four directors
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings in the Supreme Court of New South Wales seeking leave to allege that...
Nippon Life agrees deal to buy Resolution Life for $8.2bn
December 11, 2024 Japan’s Nippon Life has agreed to acquire global life insurance player Resolution Life for around $8.2 billion, according to a company...
Vietnam shows resilience, benefits from 'China +1'
Vietnam’s main indices returned nearly 10% in 2024, supported by a robust economic backdrop and corporate reforms that have translated into renewed risk appetite...