Nippon Steel Criticizes Political Interference in US Deal
Nippon Steel criticizes political interference in its planned acquisition of US Steel, valued at $14.9 billion. The deal is under review by a Washington body, with reports suggesti...
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Bain Capital Raises Offer for Fuji Soft Amidst KKR's Competing Bid
Bain Capital raises its offer for Fuji Soft to 9,600 yen per share in response to KKR's tender offer bid. The competition intensifies as both firms aim to acquire the Japanese IT f...
Myanmar's Economy Faces Severe Contraction Amid Floods and Conflict, World Bank Warns
The World Bank predicts Myanmar's economy to shrink by 1% in the current fiscal year due to severe floods and ongoing conflict. The country's economy has been struggling since the ...
TikTok Canada Fights for Survival Amid National Security Concerns
TikTok's Canadian division has filed an emergency motion with Canada's Federal Court to review the government's order to shut down its operations due to national security concerns....
Indonesia's Budget Deficit: Insights into Economic Performance
Indonesia's budget deficit for January to November was 401.8 trillion rupiah ($25.27 billion) or 1.81% of GDP, as revealed by Finance Minister Sri Mulyani Indrawati. Total revenue ...
Orsted Sells Half of Greater Changhua 4 Wind Farm to Cathay Life for $1.64 Billion
Danish energy company Orsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for $1.64 billion. The wind farm, part of...
Bank of Japan's Next Move: Will They Hike Rates Next Week?
The Bank of Japan's final policy meeting of the year is set for next week, with growing conviction within the BOJ that conditions for another interest rate hike to 0.5% are falling...
Thailand's Cabinet Approves Measures to Alleviate Household Debt
Thailand's cabinet has approved debt support measures including interest suspensions and reduced principal payments to help tackle household debt, according to Prime Minister Paeto...
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