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Nissan bets on turnaround plan after large loss

The Japanese giant will make cost savings of ¥500bn and reduce its workforce by 20,000, and its number of plants from 17 to 10 by FY 2027, after a net loss of ¥670.9bn in FY 2024.

May 13, 2025

AstraZeneca signs strategic partnership with Beijing; invests $2.5bn

The pharmaceutical firm expects its workforce in Beijing to grow to 1,700 employees and is launching a JV with BioKangtai to help make vaccines; there is also investment into AI.

March 25, 2025

AI adoption speeds up Asia trading efficiency optimisation

Artificial intelligence is helping improve trading efficiency, however, a balance with cost efficiency is crucial for financial institutions to stay competitive.

March 04, 2025

Industrial Bank (HK branch): taking a leadership role within Asian structured finance

By showcasing its innovative financing capabilities and strategic approach to execution, the key role that Industrial Bank Co., Ltd. (a joint stock company incorporated in the People's Republic of China with limited liability), Hong Kong Branch played on Ascendent Capital Partners’ acquisition of Hollysys Automation Technologies secured a ‘Best Structured Finance Deal’ award from FinanceAsia.

Industrial Bank

Carlyle's Hexaware Technologies seals $1bn India IPO

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

February 19, 2025

Hong Kong's Cornerstone Robotics raises $70m in Series C funding

The investment in the surgical robotics firm was led by EQT and included Hong Kong's Innovation and Technology Venture Fund.

January 13, 2025

Adani Group founder indicted by US authorities over alleged bribery

There are allegations of $250m of bribes paid to Indian government officials to secure solar energy contracts for an Indian energy firm with Guatam Adani named by a court.

November 21, 2024

CMS continues HK funds practice expansion with partner appointment

Helen Wang joins the international law firm from Mayer Brown and will focus on the formation, maintenance and restructuring of investment funds, including private equity funds, hedge funds and hybrid funds.

November 21, 2024

DBS’ chief data and transformation officer on ‘human' AI in banking

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

November 19, 2024

AstraZeneca signs license agreement with China’s CSPC worth up to $2bn

The agreement includes an upfront payment of $100m with the aim to strengthen the UK firm's cardiovascular portfolio.

October 09, 2024