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HAINAN, China, April 12 (China Daily/ANN): Tower cranes lined up one after another at a building site near the coast, with construction equipment shuttling back and forth and structures rising from the ground.
A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland’s greatest corporate adventures.
HONG KONG/SHANGHAI: Shares in listed companies linked to China's HNA Group slumped on Monday, after the troubled conglomerate disclosed that its creditors had applied for its bankruptcy and that nearly $10 billion had been embezzled by shareholders of its three units.
ATTEMPTING to regain the good graces of Chinese authorities, Jack Ma’s Ant Group is considering becoming a financial holding company that would be regulated like a bank.
FOR an airline built in an era of globe-spanning cosmopolitanism, a pandemic that’s shut the world’s borders is particularly brutal
BAIN Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was shattered by the coronavirus pandemic.
SYDNEY: Shinsei Bank Ltd said it will buy New Zealand’s top non-bank finance provider, UDC Finance Ltd, for US$480mil in its biggest overseas acquisition to date and marking the latest asset purchase by a Japanese company eager to move beyond a low-growth home market.
IF working from home during the pandemic has shown anything, it’s that apartments and houses are our castles, like it or not. Hong Kong is emerging from a semi-lockdown (restaurants open, schools shut, workers everywhere on the home-office spectrum) and it’s clear that investors see refuge in housing, too.