Enevate

Thai energy giant Bangchak invests in California’s EV battery firm

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The company had earlier indicated that it would allocate a budget of over 300 million baht ($9.5 million) to invest in startups globally.

Japan’s Nippon Paint makes $2.7b bid for Australia’s DuluxGroup

The deal – recommended by the Dulux board – is the latest in a slew of Japanese acquisitions in Australia.


IFC may extend $15m risk sharing facility to Cambodia’s PCCBank

The facility is aimed to to enhance the Cambodian lender’s capacity to serve local SMEs.


US crypto startup Chainalysis raises $6m from Japan’s MUFG, Sozo Ventures

Chainalysis hopes the strategic investment will help it further its expansion plans in Asia.


Japanese regulator may direct crypto exchanges to tighten security of digital money

The move by the FSA highlights the difficulties in ensuring security of virtual currencies.


People Digest: Tinder parent Match appoints 3 GMs for Asia; Byton co-founder quits

Match Group has appointed three new general managers to focus on Asian markets across Japan, Taiwan, India, South Korea and Southeast Asia.


Retailer Fawaz Alhokair set to raise up to $1b, in Saudi’s biggest IPO since 2014

Listings by companies and REITs raised close to $900 million last year, down from $6.7 billion in 2014, in S Arabia.


SoftBank’s $4.5b bonds get fully subscribed on day one

The sale will be Japan’s biggest-ever local corporate bond issuance.


UBS tops Asia’s private banking league for sixth year in a row

Citigroup Inc., which held second place in 2017, was dropped from the annual ranking together with DBS Group Holdings Ltd.


EQT Partners said to add Goldman, Morgan Stanley as IPO banks

EQT is also considering selling a minority stake in the firm to a strategic investor as an alternative to the IPO.