Spain Weighs Buying Telefonica Stake to Counter Saudi Deal
The Spanish government is considering buying a stake in Telefonica SA following Saudi Telecom Co.’s plan to become
2023-10-31 16:53
Daiwa Announces Share Buyback as Profit Climbs on Retail Business
Daiwa Securities Group Inc.’s profit jumped last quarter as all the main businesses fired for Japan’s second-biggest brokerage.
2023-10-31 16:53
Brookfield Fund Loses Consultant Approval After Leaders Exit
Investment consultant Aksia LLC rescinded its approval for Brookfield Asset Management’s special-situations fund after two top executives left,
2023-10-31 09:28
Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:50
Quants With $23 Trillion See AI Takeover Even as They Hold Back
The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that
2023-10-30 16:19
HSBC Plans $3 Billion Share Buyback, CEO Touts Capital Strength
HSBC Holdings Plc announced a fresh buyback program and hinted at the potential for further returns to investors
2023-10-30 16:18
Sumitomo Mitsui Trust Said to Cut Profit Target; Shares Drop
Sumitomo Mitsui Trust Holdings Inc. plans to halve its profit forecast for the current fiscal year to around
2023-10-30 11:15
Buy China Shares, Sell Firms Lifted by Weak Yen, Says Top Fund
A top-performing Asia stock picker is pocketing gains in Japanese exporters on bets the yen’s tumble is nearing
2023-10-30 08:54
TC Energy Is Exploring Stake Sales of Assets Worth $10 Billion
Pipeline and transportation company TC Energy Corp. is pursuing a multibillion-dollar asset sale plan to reduce debt and
2023-10-28 11:58
Google Bets $2 Billion on AI Startup Anthropic, Inks Cloud Deal
Google has committed to invest $2 billion in the artificial intelligence company Anthropic, solidifying its relationship with the
2023-10-28 09:29
Endeavor Says It’s Reviewing Strategic Options
Silver Lake Management, the private equity group, is considering making a takeover bid for Endeavor Group Holdings Inc.,
2023-10-26 07:56
Kokusai Electric Soars 28% After Japan’s Biggest IPO Since 2018
Japanese chip-equipment maker Kokusai Electric Corp. jumped in Tokyo on Wednesday after the largest initial public offering in
2023-10-25 16:24