Investors are primarily concerned about two issues: the 33% premium KDP is paying for JDE Peet’s and the increased debt this acquisition will create. ( read original story ...)
HSBC to exit retail banking in SL with Rs.18bn sale to Nations Trust Bank
The Hongkong and Shanghai Banking Corporation Limited Sri Lanka branch (HSBC Sri Lanka) has entered into a binding agreement to sell its retail banking business to Nations Trust Bank PLC (NTB) for Rs. ( read original story ...)
Zijin Gold delays $3.2 billion IPO as typhoon pummels Hong Kong
Zijin Gold International Co. delayed its $3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to take orders for ... ( read original story ...)
Banking giant HSBC announced on Wednesday it will wind up its retail banking operations in Sri Lanka by mid-2026, it said
Banking giant HSBC announced on Wednesday it will wind up its retail banking operations in Sri Lanka by mid-2026 after selling off its retail banking business to the island nation’s Nations Trust Bank ... ( read original story ...)
Zuiko Corporation Expands into Chinese Market with New Subsidiary
Zuiko Corporation has established a new subsidiary in Shanghai through its consolidated subsidiary, Zuiko (Shanghai) Corporation, to enhance its presence in the Chinese medical supplies market. This ... ( read original story ...)
Humanoid Robots Compete in Capital Markets: Sprinting for IPOs While Expanding Their ‘Circle of Friends’
Humanoid robots are knocking on the door of the secondary market. ( read original story ...)
China’s stock rally is a job partly well done
Beijing’s policy blitz deserves some credit for a 52% one-year jump in market value to $15 trln. AI hype helped, too. Strong share prices might boost consumer confidence and the economy. But the ... ( read original story ...)