In a first overseas listing of an Indian company via the SPAC route, Goldman Sachs-backed ReNew Power has signed a reverse-merger deal with US blank cheque company RMG Acquisition Corporation II to list on the NASDAQ
The first-in-the-world legislation - and subsequent deal-making with local media organisations - could prove a model for resolving tussles with regulators worldwide
South-east Asia's hugely popular travel start-up has big plans for this year with more financial services offerings and a possible $5 billion US listing
GameStop shares more than doubled after a late burst of buying on Wednesday in a surprise apparent return to the retail investor trading demand seen in late January
The Chinese and Swedish carmakers said they would also cooperate more closely in the areas of autonomous driving and electrification, leading to greater production efficiency
There is little economic stake over Washington's "Made in China" labelling demand - the city is no longer a manufacturing powerhouse - but locals love their homegrown products
US President signs executive order for a review of supply chains for semiconductor chips, rare earth elements, pharmaceuticals and large batteries; said he would seek $37 billion to supercharge chip manufacturing in the US; gets bipartisan support for these efforts
Chips bought by the tech giant before US sanctions hit full force can't cover demand for its new Mate X2 foldable smartphone, judging by pre-sale bookings; Huawei has also told suppliers component orders will plunge this year as US sanctions continue to bite
Veteran executive is leaving his son Toshihiro - already president and chief executive - in complete control as analysts show concern over carmaker's cautious medium-term plan
The country’s growing need for both industrial and rare earth metals will force it to invest in overseas projects to source the copper and other metals necessary for infrastructure building
About 150 investment proposals from China worth more than $2 billion were left in the pipeline after the Asian rivals clashed on their Himalayan border last year leaving dozens dead but it seems things are thawing now
Economists in China say such a move is unlikely to have a sudden, or even a major impact on the yuan exchange rate; but others say it will help internationalise the yuan
Bitcoin, which rallied on Sunday to a peak of $58,354, was down 9.6% to $50,616 on Feb 23, but that is still up more than 80% this year; increased mainstream acceptance has helped cryptos but Treasury Secretary Janet Yellen noted negative features on Monday
The economic plan trumpeted by Yoshihide Suga, as it has been rolled out so far, has not veered radically from that of his predecessor, but the new PM has a unique chance to excel
Data released this week shows the industrial wheels of China kept on rolling during the Lunar New Year lockdown but spending levels dropped as people stayed put
Samsung SDI said it will invest $850 million to expand its battery factory in Hungary and Hyundai Motor launches a new model in a bid to capture 10% of global EV sales by 2025
New Delhi must remove ambiguities from digital retail sector, say experts, as accusations of favouritism and skirting of laws disrupt relations among local and multinational players
HKEX acknowledges the popular special-purpose acquisition vehicles are among the topics studied as it looks at various plans to 'strengthen or reform the listing system'
Analysts say output targets have been lifted to cater for increasing demand from the automaker, wind power and air conditioning industries – and also to avert a recurring price bubble
Surprise move for tech conglomerate as it searches for areas in which it can help China - to stabilise the supply of pork via a "smart pig-farming" program, which means using AI and machines to raise pigs, plus with many other research projects, while it gets used to US bans on the supply of high-end computer chips
With the social media giants now facing the possibility of tightened EU regulation too, on top of its bitter ongoing clash with Canberra lawmakers, analysts are saying this could be a turning point for big tech
The looser US monetary policy is, the faster the global economy will recover from Covid-19 and the more likely it is that China will squeeze its monetary policy stance
Mark Carney will provide the US digital payments company with financial systems and governance experience as it seeks funding round that could see it valued at $100 billion
Banking giant announces 30% drop in profit after being hit hard by the pandemic and geopolitical tension linked to Western powers and political strife in Hong Kong; more job cuts appear likely along with the sale of retail banking operations in France and the US
Celanese is latest company to call halt to exports as US winter power crisis worsens; more bad weather is likely to exacerbate crude oil inventory and cause trade bottleneck
A new year may be underway, but one thing is constant — low bond yields — yet the challenges and risks this environment presents are not fully understood by investors
Emerging Markets, SRI/ESG and Global Equity Funds continue to receive inflows; Convertible Bond Funds, Bank Loan Bond Funds and Inflation Protected Bond Funds absorbed fresh money on inflation concerns; Energy Sector Funds gain traction on surging oil prices
Institutional demand and a futures launch have pushed the world’s second favourite digicurrency to an all-time peak - and analysts say there’s more to come
Key Purchasing Managers' Index improves for first time since April 2019 although the economic disruption caused by the pandemic is likely to remain in the immediate future
'Stay put' order convinced many of the country's 277 million migrant workers not to travel; this was a boon for movie theatres, retail trading and e-commerce, and led to surge in family 'reunions' via the internet
A Congressional hearing on the Reddit-driven volatility in GameStop gave a Trump loyalist politician an opportunity to attack Chinese-owned online broker Webull, which competes with Robinhood, the app at the heart of the retail trading frenzy
An unintended consequence of the virus has been ‘one of the wildest bull markets in recent economic history’ but a worsening of income distribution will have a negative impact further down the line
Rupert Murdoch’s News Corp has reached a global content deal with Google that has implications for relations between media firms and big technology companies
The tech giant sprung a surprise with its latest quarterly revenue report thanks to a recovery in advertising and an uptick in demand for its cloud services and artificial intelligence platforms
Europe is leading the way when it comes to the cleanest of energy fuels with Japan, South Korea and Australia lagging a good way behind - while China isn’t even considering it as a renewables option
Inoculations require a coordinated global effort, Security Council hears, amid warning that rich-world hoarding and gaping inequities among nations put whole planet at risk; meanwhile, the Covid response caused a $24-trillion surge in global debt last year
India is trying to lure foreign telecom and networking equipment makers to set up manufacturing units with incentives to cut the nation’s massive dependence on imports
Hong Kong Exchanges & Clearing has picked Nicolas Aguzin to take over from Charles Li as CEO of the world’s 5th largest exchange; he will also join HKEX directly from a top position with JP Morgan, after an American education; Charles Li achieved some notable successes; here are some suggestions for his successor
In the week Brussels announced dealing with the impact of global climate change will be central to its trade policies for the next decade – and also called for WTO reform – a Federal Reserve chief told financiers they must start addressing climate risk now
A SPAC deal to value electric vehicle firm Lucid Motors at $12 billion is imminent from dealmaker Michael Klein; Chinese backers BAIC Motor and LeEco could see gains
Idemitsu and Tajima aim to unveil their first ultra-compact vehicle in October and start selling the product next year, with a price of up to $14,250 (1.5m yen)
Europe’s richest person Bernard Arnault and banker Jean-Pierre Mustier are launching a SPAC to target European financial deals; SPACs with a focus on fintech are spreading around the globe with new listing venues and fresh targets
Company-provided accommodation has been identified as the source of several virus outbreaks in the country and now Kuala Lumpur is cracking down to curb its spread
New Delhi has made some big promises on updating the country’s energy menu but with coal still accounting for 70% of electricity generation and a voracious domestic energy appetite, change is going to be difficult
The Twitter-India tussle has not only led to more Government scrutiny of social media but has also forced digital marketers to the sidelines as they wait for the face-off to play out
A year on from the 2020 low in US interest rates, pundits are again calling for a rise in inflation as many did following the GFC; Markets are indicating an expectation for inflation to exceed its 2% target, which aligns well with the Fed's change in approach announced last year
Leading energy experts are campaigning for a more rapid global energy transformation, saying the world must shift to nearly 100% use of renewable power sources within the next 10 to 15 years – "much sooner than 2050"
South-east Asia's second-largest economy downgrades its economic outlook despite smaller fourth quarter GDP fall as tourist arrivals continue to plummet
Shares in miner have surged more than 130% from their pandemic lows in March as it overtakes Royal Dutch Shell and Unilever to become biggest company listed in the UK
Indians yearn for clean non-polluting vehicles, but the relatively high cost and lack of basic charging infrastructure mean it's still early days for EVs, despite the much-hyped arrival of Tesla, Mercedes Benz, MG, and now Jaguar
Jokowi ensures nation about integrity of fund and its top execs, after Malaysian 1MDB debacle; INA set up to fund infrastructure projects such as toll roads and new capital planned on Borneo Island; it appears to have $10bn in the pipeline on top of initial seed funding
Billionaire James Packer severs links to the board after Crown Resorts is deemed to be an 'unsuitable' operator for new Sydney casino; speculation mounts about a possible takeover after allegations of links to organized crime and money laundering
Moon government offers cheap loans to exporters, public investment spending and tax credits for credit-card purchases but analysts question if these efforts are enough
Canberra needs to do more, as the outlook for gas producers could take a hit like its coal exports did in China recently; meanwhile, Australia accounts for over half the world's coal, which still makes up a third of the country's energy mix, despite a surge in renewable power sources
Musk's $1.5 billion bitcoin purchase has fuelled gains for companies already invested in the currency while Tesla rival Rivian has announced it’s ready to go public this year
Analysts expect the US Department of Agriculture to make further reductions to its end-of-season supply outlooks after Beijing makes record purchases of the grain
The ex-JP Morgan banker, with his international background and network connections, has set his eyes on making the stock exchange a catalyst for 'connecting China with the world, and the world with China'
President warns Beijing that his administration will focus on 'international rules of the road' but adds there is no need for conflict between the two countries
The country is rapidly expanding its use of gas and LNG, plus it could become a regional leader for solar and has a large untapped potential for offshore wind; yet it still plans to boost the number of coal-fired power plants from 32 to a troubling 51 by 2050
US electric vehicle manufacturer said it accepted the authorities' “guidance” over malfunctions after several drivers complained to Beijing's consumer issues supervisor
As a booming live-streaming economy heightens the desire to look attractive, a growing acceptance of aesthetic treatments by young people has led to a longer consumer life cycle and created investment opportunities in many sectors
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