Reuters
Stories by Reuters
Labubu-maker Pop Mart launches jewellery concept store
The store sells accessories adorned with its top-selling characters, including Labubu, Molly, and Skullpanda.
MBK Partners plans to sell ailing Korean supermarket chain Homeplus
In March, MBK filed for a court-led restructuring the grocery retailer to avoid bankruptcy of the firm.
Singapore Airlines’s Scoot to take over some Jetstar routes
Qantas will close its Singapore-based budget subsidiary on July 31.
China delays nod for $35b Synopsys-Ansys merger
This after Donald Trump tightened chip export controls against China.
Chinese firms in talks to join consortium to buy Li Ka-shing’s ports
China Cosco Shipping Corp is among the state-backed companies in talks with the consortium.
China’s Zhejiang Sanhua plans to raise up to $1b in Hong Kong listing
Dual listing in Hong Kong by mainland-listed companies has increased recently.
Carlyle teams up with Citi to invest in fintech lenders
They will share market intelligence and explore co-investment and financing opportunities.
Reliance Industries trims stake in India’s Asian Paints
India’s largest paintmaker is currently facing potential antitrust scrutiny.
Ant unit plans to apply for stablecoin issuer licence in Hong Kong
It would seek to apply for a stablecoin licenses in Singapore and Luxembourg as well.
India to curb remittance rules, bar offshore time deposits
The proposed changes reflect India's cautious stance on a rise in outward remittances and full convertibility of the rupee.
