Reuters
Stories by Reuters
India under tariff pressure to give Amazon, Walmart full market access
The US plans to push PM Modi’s government for a level playing field on e-commerce.
Walmart-backed Flipkart to shift base back to India to prepare for IPO
Razorpay, Pine Labs, Zepto and InMobi are among startups that have shifted back to India.
Japan’s Nomura to buy Macquarie’s US, European asset management units for $1.8b
The deal marks the latest major overseas acquisition by a Japanese firm.
China retreats from US private equity investments
CIC is reportedly among the several Chinese funds that has stepped back.
China’s CATL launches new brand of sodium-ion batteries for EVs
It also launched the second generation of its Shenxing fast-charging battery.
Thailand’s CP Foods to buy Itochu’s stake in CP Pokphand for $1.1b
CP Pokphand was delisted from the Hong Kong stock exchange in 2022.
China’s JD.com points to anti-competitive pressures on food delivery couriers
JD Takeaway began onboarding restaurants in February with promises of 'zero commissions all year round'.
Vietnam central bank preparing restructuring plan for fraud-hit lender SCB
The State Bank of Vietnam placed SCB under its supervision to stem a run on the bank.
Keppel collects $1.5b in fresh capital across three funds
Its third data centre fund has achieved a first close of about $580 million.
Shein, Temu to raise prices as Trump cracks down on cheap imports
Shein and Temu had benefited from the duty-free entry for merchandise priced below $800.
