It is shaping up to be a big year for buyouts in Asia. There's over US$250 billion of capital committed to private equity in the region, according to research outfit Preqin. KKR plans to raise a fund that would be bigger than its flagship US one....
It is shaping up to be a big year for buyouts in Asia. There's over US$250 billion of capital committed to private equity in the region, according to research outfit Preqin. KKR plans to raise a fund that would be bigger than its flagship US one....
Under-fire Australian Prime Minister Scott Morrison on Monday rejected calls for "reckless" and "job-destroying" cuts to the country's vast coal industry in the face of a deadly climate-fuelled bushfire crisis.
Oil prices were mostly steady on Monday after three weeks of gains amid optimism the United States and China were close to signing a trade deal to end a tariff war, with President Donald Trump saying an agreement would be signed "very shortly".
While Singapore contributes less than 0.1 per cent of global greenhouse gas emissions, the world can no longer afford the blame game and finger-pointing, says Yale-NUS’ Angel Hsu.
The politics needed to improve the medium-term outlook is missing, says Mohamed A. El-Erian.
Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday.
German cabin crew union Ufo said arbitration talks with Lufthansa on Sunday had failed and its members could stage strikes any time from now on, though they would spare passengers industrial action on Dec. 24, 25 and 26.
Boeing Co's Starliner astronaut spacecraft made a "bull's-eye" landing in the New Mexico desert on Sunday, a successful ending to a crewless test mission that two days earlier failed to reach the orbit needed to dock with the International Space Station.
Japanese hotel chain Unizo Holdings said on Sunday it had received a friendly buyout offer from U.S. investment fund Lone Star, a deal that could end a five-month takeover battle involving Blackstone Group , Fortress Investment Group and activist investor Elliott Management.
