Foxconn plans ‘capital-intensive’ US investment

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It was unclear if Gou had met personally with Trump.

PH Digest: Power firm EDC gets $99m debt; Medco sells stake in MAIC

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PH Digest: Power firm EDC gets $99m debt deal; Medco sells stake in investment house MAIC


Tata Sons-NTT Docomo case: Delhi HC clears $1.17 b arbitral award

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A London tribunal had ordered Tata Sons to pay $1.17b compensation to NTT DoCoMo


Indonesia DB: Rework app launch; 500 Startups’ new partner; OJK-Aus fintech pact

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Jakarta-based co-working space Rework has launched a new mobile app along with its second office in Kuningan, South Jakarta. VC firm 500 Startups has appointed Malaysian actor Ashraf Sinclair as a new venture partner, while Indonesian Financial Services Authority (OJK) partners the Australian government to develop fintech. Rework launches new app,… Read more »


KKR-backed group halts $4.6b takeover bid of Australian lottery operator Tatts

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After the cash bid was rejected by the lottery operator’s board.


1MDB prosecutors eye ex-Goldman banker’s money moves

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Leissner, who spent 20 years at Goldman, was known for his rainmaking skills SE Asia.


India: Kotak Mahindra buys out UK partner in life insurance JV for $201m

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As on 31 March, Kotak Life’s net-worth was Rs 1,825 crore


Singapore: SMG reviews M&A strategy; Yanlord credit facility; ST Kinetics investment

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Singapore Medical Group will be reviewing its acquisitions strategy while Yandlord Land Group has secured an oversubscribed credit facility and ST Kinetics has made a capital infusion in a Canadian subsidiary. Singapore Medical Group to review acquisitions strategy The Singapore Medical Group (SMG) will be reviewing in acquisitions strategy following… Read more »


Exclusive: IFC to invest $60m in solar power firm Jinko Malaysia

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This is IFC’s 2nd investment within a week in Asia’s renewable energy sector.


China’s Yili scraps $667m deal for organic milk company

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As it didn’t win regulatory approval from Chinese authorities.