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 loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".