Carlyle will buy a 25per cent stake in Indian telecom firm Bharti Airtel Ltd's data center arm for US$235 million, the U.S. private equity group said on Wednesday, as it taps into the rapid growth of digital services in India.
Australia announced an assertive new defence strategy Wednesday, beefing up its long-range strike capabilities and cyber-warfare efforts amid escalating tensions with China.
TOKYO: Asia's factory pain showed signs of easing in June, as a rebound in China's activity offered some hope the region may have passed the worst of the devastation caused by the coronavirus pandemic. But sluggish global demand and fears of a second wave of infections will tame any...
OLAM Holdings, a wholly-owned subsidiary of Olam International, has completed the refinancing of its revolving credit facility aggregating US$375 million, the mainboard-listed agri-food giant said on Wednesday.
Australia's corporate regulator on Wednesday said the Australian securities unit of France's Societe Generale SA (SocGen) has pleaded guilty to charges of breaching client money provisions.
The U.S. Senate unanimously voted on Tuesday to extend a US$660 billion lending program in an effort to help small businesses that have been hit hard by the coronavirus, extending a lifeline just as it was due to expire.
China's factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures, but the health crisis continues to weigh on exports and jobs, a private business survey showed on Wednesday.
SINGAPORE: Private home prices in Singapore in the second quarter fell 1.1 per cent from the previous quarter, according to flash estimates by the Urban Redevelopment Authority (URA) on Wednesday (Jul 1). The private residential property price index decreased by 1.7 points from 152.1 points in ...
Beyond Meat Inc said on Tuesday that it will launch retail sales of its plant-based burger patties in mainland China through Alibaba Group Holding Ltd's Freshippo markets.
The dollar held onto gains against the yen on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic.
