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Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Finance

02 August, 2024

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 billion with ......

Asia to emerge as equity deals hot spot as India activity surges

Finance

27 June, 2024

Asia to emerge as equity deals hot spot as India activity surges

A possible revival in IPOs in Hong Kong after a pickup in Chinese regulatory approvals, and a string of mega ......

China-Gulf free trade talks stall on Saudi industrial agenda

Economy

14 May, 2024

China-Gulf free trade talks stall on Saudi industrial agenda

Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......

Canada's OTPP shuts down China equity investment business

Finance

25 April, 2023

Canada's OTPP shuts down China equity investment business

Ontario Teachers' Pension Plan (OTPP), Canada's third largest pension fund, closed down its China equity investment team based in Hong ......

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Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

Finance

17 March, 2023

Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

GL Capital, founded in 2010 by former Novartis China country president Jeffrey Li, has tapped a Limited Partner (LP) for ......

Zilingo tried to dispatch 'millions' of substandard masks to India: Health Ministry

TMT

01 September, 2022

Zilingo tried to dispatch 'millions' of substandard masks to India: Health Ministry

Singapore-based fashion e-commerce startup Zilingo allegedly tried to dispatch “millions” of substandard Chinese KN95 masks during the covid pandemic in ......

With Alibaba stake cut, SoftBank's Son cools toward China tech

TMT

12 August, 2022

With Alibaba stake cut, SoftBank's Son cools toward China tech

SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed ......

Oil more than 2% higher on a weaker dollar

Finance

18 July, 2022

Oil more than 2% higher on a weaker dollar

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession ......

Oil slips as China fears continue to weigh on international prices

Finance

12 July, 2022

Oil slips as China fears continue to weigh on international prices

Oil prices fell sharply on Tuesday on a strong dollar, demand-sapping Covid-19 curbs in top crude importer China and fears ......

Indices lower in early trade; tech, consumer shares fall

Finance

04 July, 2022

Indices lower in early trade; tech, consumer shares fall

Markets fell on Monday as metal stocks witnessed a sell-off on demand worries in top consumer China and as the ......