Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to...
Articles by Yantoultra Ngui and Kane Wu
BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in Ageas from China’s Fosun Group...
Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to...
China’s Fosun International Ltd. has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based...
Global credit rating agency Moody’s downgraded Fosun International Ltd. by one notch on Tuesday and revised its outlook to “negative”...
LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that...
HONG KONG – Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech...
HONG KONG – Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto...
HONG KONG – Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion...
SHANGHAI — China’s banking and insurance sector regulator is probing Ping An Insurance Group Co. of China Ltd.’s investments in...