Nissan downgrades FY forecast as Honda deal terminated
FinanceAsia
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16h ago
Nissan is expecting a net loss of ¥80bn for the current fiscal year as the Japanese giant moves ahead with ¥400bn of cost savings, including reducing global capacity by 20%, with progress already made in China ..read more
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Macquarie exits Net-Zero Banking Alliance
FinanceAsia
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2d ago
The decision comes after several US banking groups left the NZBA over the last six months ..read more
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Chinese EV battery giant CATL files initial HKEX listing application
FinanceAsia
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2d ago
The Shenzhen-headquartered lithium-ion battery maker has named seven banks involved in the listing process ..read more
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Trump’s steel tariffs fuel Apac uncertainty
FinanceAsia
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2d ago
Retaliatory tariffs, a stronger dollar and several u-turns from the Trump administration are creating an uncertain outlook for 2025 and is pushing up the price of gold; meanwhile, Hong Kong and China are lodging complaints to the WTO ..read more
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Chinese EV giant CATL files initial HKEX listing application
FinanceAsia
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3d ago
The Shenzhen-headquartered firm has named seven banks involved in the process ..read more
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Angela Hu joins Houlihan Lokey in Hong Kong
FinanceAsia
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3d ago
The global investment bank has appointed the former Barclays and JP Morgan banker as a managing director in its financial sponsors group ..read more
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China Vanke secures Rmb2.8bn loan from Shenzhen Metro Group
FinanceAsia
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3d ago
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make a loss of up to Rmb45bn in 2024 ..read more
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Japan's Meiji Yasuda Life buys Legal & General America for $2.28bn
FinanceAsia
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3d ago
The deal includes an agreement to buy Banner Life, enter a partnership in the US pension risk transfer business, and an intention to take a 5% shareholding in Legal & General Group ..read more
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Hogan Lovells recruits Singapore partner for regulatory, IP practice
FinanceAsia
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4d ago
Cybersecurity expert Charmian Adata will join the global firm on February 25 from Squire Patton Boggs ..read more
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Charles Russell Speechlys hires Hong Kong funds partner
FinanceAsia
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4d ago
The international law firm has appointed Gaven Cheong as partner within the funds team in the Special Administrative Region; he joins from Tiang & Partners ..read more
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