Singapore bucks regional M&A downtrend with 154% jump in H1 deal value
Apac ex-Japan activity slows to levels unseen since 2013 amid escalating US-China trade and technology war: report
Singapore
MERGERS and acquisitions (M&A) activity in most South-east Asian countries bucked the overall downtrend in the Asia-Pacific (Apac) ex-Japan for the first half this year, with Singapore recording US$17.1 billion in deals - a 154 per cent jump from a year ago.
Real estate behemoth CapitaLand's US$8.1 billion acquisition of Ascendas-Singbridge from Temasek accounted for almost half the city-state's total and remains the largest deal in Apac ex-Japan for the first six months this year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Five new charges for money laundering accused Zhang Ruijin before his plead guilty mention
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
Weak yen pressures Bank of Japan’s interest rate decision
Basel Committee adds climate risks to banking supervision standards