German cartel office flags PayPal over retailer surcharge restrictions
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KKR and RWE finalise $16bn UK offshore wind investment
Private equity firm KKR and German utility RWE have finalised a £12bn investment in two offshore wind projects in the UK, marking one of the country's largest renewable energy investments, according…
[Closing Market] KOSPI Rebounds Past 5,370 on Foreign Buying
On Nov. 11, the domestic stock market started weak in the aftermath of inflation vigilance and concerns over interest rate hikes by the Federal Reserve highlighted in the US New York stock market…
- KOSPI stock market rebounds past 5,370, closing at 5,375.36
- Foreign investors aggressively buy large-cap semiconductor stocks
- KOSDAQ index surges past 700, closing at 705.10
FTC to fine 15 firms $1.2 bil. for rigging gov't bond bids
Korea's fair trade watchdog said Wednesday it has decided to impose 1.62 trillion won ($1.2 billion) in fines on 15 financial companies for colluding in government bond auctions for more than three…
KKR and Diamondback to acquire Five Point's 70% stake in Deep Blue for $2.1bn
KKR and US energy producer Diamondback Energy have agreed to acquire Five Point Infrastructure's 70% stake in Deep Blue Midland Basin, a water infrastructure business operating in Texas's Permian…
- KKR and Diamondback Energy agree to acquire 70% of Five Point's stake in Deep Blue for $2.1bn.
- Diamondback already owns 30% and aims to increase its share to 50%.
- KKR will take the remaining 50% stake in Deep Blue's water infrastructure business.
$10,000 in AST SpaceMobile Stock at Its Record High Is Worth About $2,770 Today. Here's What Gets That Money Back.
The market has fallen out of love with space stocks, and AST SpaceMobile has been hit by heavy selling.
- AST SpaceMobile's stock hit a record high on May 28, 2026.
- The stock has plummeted around 72% since its peak.
- Achieving satellite launches and 45 satellites in orbit by early 2027 could aid recovery.
Calpers doubles investment in Grain Management spectrum deal with SpaceX
The California Public Employees' Retirement System (Calpers) is set to generate a return of approximately two times its investment in a radio spectrum portfolio managed by private equity firm Grain…