NIPPON Life Insurance has agreed to acquire a 20 per cent stake in Corebridge Financial for about US$3.8 billion in cash, marking its biggest-ever deal as it seeks a foothold in the US.
THE first Hong Kong exchange-traded funds (ETFs) investing directly in crypto have so far failed to spark the kind of excitement that greeted rival US products, a blow for the city’s push to foster a preeminent digital-asset hub.
