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Australian investment firm L1 Group is backing former L1 Capital analyst Andrew Lin as he prepares to take his hedge fund strategy to external investors, in the firm's first new investment partnership since 2021, according to a report by the Financial Standard
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The Korean won made slight gains against the U.S. dollar Friday, after better-than-expected U.S. inflation data reduced market expectations of a rate hike by the Federal Reserve.
KOSPI capped a weeklong rally Friday, briefly reclaiming the 7,000 level for the first time in three weeks as foreign investors piled into semiconductor stocks amid stronger sentiment toward the…
TOP STORY: Vantage Data Centers is considering a public listing or potential sale that could value the hyperscale data centre operator at around $100bn, according to a report by Reuters citing unnamed…
Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground.
Asian private equity firm Trustar Capital is closing in on an agreement to acquire Lingxi Games, the video game division of Alibaba Group, in a transaction that could value the business at more than…
TOP STORY: Bill Ackman has made his biggest portfolio overhaul in years, adding six companies to Pershing Square’s holdings as the billionaire investor broadens his exposure to businesses he expects…