KKR said to seek $280m in first yen-bond sale


KKR is selling 30 billion yen ($281.58 million) worth of five-, seven- and 20-year debt in securities targeted at Japanese investors.

Australia’s Square Peg Capital seeks over $158m for new fund – Report

VC firm Square Peg Capital, which focuses on investments in Australia, Israel and Southeast Asia, closed its first formal fund at $180 million in 2017.

UK insurer Prudential to spin off M&G unit as it focuses on Asia growth

Prudential, which derives about one-third of its earnings from Asia, is benefiting from the region’s expanding middle class and growing insurance coverage.

Coinbase obtains e-money license in UK with Europe expansion in mind

The license will let Coinbase provide payment services and issue e-money in the country, enabling it to strike more partnerships with other companies.

Alibaba co-founder Tsai said to join bid for NFL’s Panthers

It wouldn’t be Tsai’s first foray into U.S. sports: Last year he agreed to buy a 49 percent stake in the Brooklyn Nets.

Finnish state investment arm builds $1b stake in Nokia

Solidium, Finland’s investment arm, built the stake in Nokia by buying shares on the market over the early months of 2018.

Asia’s bitcoin startups, worn out by volatility warnings, target remittances market

Used as a transfer mechanism rather than a currency, bitcoin circumvents banks’ transaction fees.

S. Korea’s Kakao to monetize taxi-hailing app by charging for some services

The move will end nearly three years of wholly free services offered by its taxi-hailing app.

Amazon in talks with JPMorgan to offer credit card to small businesses in office supplies push

Amazon is hoping the new credit card, which will feature rewards points for purchases, will also let it eventually add offerings such as business insurance.

Apple acquires KKR-backed digital magazine service Texture

KKR invested $50 million in Texture in 2014.