Markets

The Taiwan-listed fibre optic and data cable manufacturer will buy the Singapore-headquartered ICT business using cash and Citi financing to strengthen its data centre infrastructure capabilities amid surging AI demand.

The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.

The Japanese digital payments platform is acquiring a 70.2% stake in T&D Holdings’ life insurance unit, marking its push into life insurance as it expands beyond payments, cards, banking and securities. One Investment Management is also part of the deal.

China had robust import and export growth in May despite the ongoing conflict in the Middle East. Fitch has upgraded China's GDP forecast to 4.6% this year after "surprisingly good" Q1 data. In a volatile market, SpaceX is set to go public on June 12.

Dr. Wenbin Wang, chairman of ICBC International, discusses three fundamental structural drivers helping drive the stock market's recent revival, including attracting innovative Chinese firms and the rise of dual listings.

The Hong Kong exchange operator will collaborate with Kazakhstan’s financial hub on carbon markets, green finance and commodities, while exploring cross-border listings with Astana International Exchange.

As the Japanese insurer expands investments in alternative assets, Blackstone will provide investment management services to Japan’s largest private asset owner across private credit and real estate.

China is strengthening oversight of outbound investment through new regulations from July 1 that are designed to safeguard national interests, following an earlier ban on Meta’s acquisition of AI firm Manus.

The US investment giant exceeded its $10bn target after an active 24 months of deals in the region, especially in India and Japan.