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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 $1.5bn, according to a report by Bloomberg.
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Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground.
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…
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.
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On Aug. 14, the domestic stock market continued its unstoppable upward trend, boosted by strong buying momentum from foreign investors.
Thoma Bravo has agreed to acquire insurance marketplace Accelerant in an all-cash transaction valued at more than $4bn, taking the company private just over a year after it floated on the New York…