Markets

The US banking giant’s infrastructure arm has agreed to acquire the Australian gas pipeline operator. In another deal, Aberdeen Investments and ACCIONA have set-up a SPV for a New Zealand motorway project.

Companies tied to AI, including in Asia, account for a rising proportion of major investment indices, challenging diversification strategies. Chinese players are gaining ground on the US giants in the AI race, leading to greater stock volatility. Christopher Chu reports.

FA's Achievement Awards 2026 are officially open for entries!

The DRAM manufacturer raised Rmb57.9bn ($8.6bn) in Asia’s largest IPO of 2026 so far and has become China’s largest onshore-listed company by market value, raising questions over the chip maker's valuation and growth prospects.

India’s largest mutual fund manager was oversubscribed but made a modest debut, as Reliance Jio and NSE prepare to go public; however, higher oil prices could weigh on investor demand.

The rationale behind all the winners in Australia and New Zealand.

An agreement will allow firms with a primary listing on Bursa Malaysia’s main market to apply for a secondary listing on HKEX as a Recognised Stock Exchange; it follows agreements with Indonesia, Singapore and Thailand; MSCI has launched an ECM partnership with the SGX.

The alternative asset manager is backing a South Korean motion-control technology provider at a reported valuation of $676m; Blackstone has also appointed former KKR executive Ami Momaya as its first dedicated infrastructure hire in Asia Pacific.

Following the termination of another deal, the merger creates a dominant Western Australian producer, underscoring how high gold prices are accelerating consolidation across Australia's mining sector.