Mubadala Capital will subscribe to around $150m worth of shares in the approximate $500m share offering which is launching on June 26; the deal is being led by Morgan Stanley and Goldman Sachs; CMBI, HSBC and several other banks and brokers are also involved.

As they approved the Budget, cabinet members of the interim government scrapped the revenue raising provision on June 22 amid strong criticism.

From financial knowledge to government support, players in Thailand and Taiwan are finding new ways to channel capital into LGBTQ+-focussed businesses across Asia.

The funds have been raised to meet MTR’s growing spending needs for upcoming railway and real estate projects.

Asia's listed firms must raise their corporate governance to improve market conditions, as international investors continue to eye the US stock market, the Asian Corporate Governance Association has warned.

The proceeds from institutional investors will be primarily used to support the Luang Prabang Hydroelectric Power Project in Laos.

Hong Kong stocks and listings have performed well since the start of the year as depressed valuations and budding confidence has shifted capital away from US stocks; more listings this week show the momentum is here to stay, despite tariff uncertainty.

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.