Finance

European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal worth roughly 4.1 billion euros ($4.3 billion). The offer values Just Eat’s shares at 20.3 euros each, representing a premium of 63% […]

The Ministry of Investment, Trade and Industry (MITI) is targeting a five per cent increase in total trade for 2025, from RM2.879 trillion registered in 2024. Its minister Tengku Datuk Seri Zafrul Abdul Aziz said, however, should there be tariffs imposed […]

Ether’s price is at a critical point following the Bybit exchange hack on Feb. 21, in which over $1.4 billion worth of liquid-staked Ether and other digital assets were stolen. This attack is now the largest crypto theft in history, […]

Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they’re ever likely to get to the $500 billion of gold the […]

Thailand’s stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst performing equity market. Short selling and high-frequency trading will be limited to stocks in the SET100 Index, […]

UAE technology services firm Alpha Data said on Thursday it plans to raise up to $163 million in its initial public offering. The company plans to list 400 million shares on the Abu Dhabi Securities Exchange (ADX) between a price […]

Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that could pose a “major risk” to lenders, according to Moody’s Ratings. Banks’ property development and investment loans accounted for 16 […]

China’s Ministry of Finance has transferred its stakes in a group of financial firms to a government-controlled fund as Beijing steps up its push to overhaul the financial sector. The asset reshuffle will allow Central Huijin Investment – a subsidiary […]

JPMorgan Chase, one of the largest financial institutions in the world, has significantly increased its exposure to Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The firm has […]

A cybersecurity business launched by former Austrian Chancellor Sebastian Kurz and entrepreneurs in Israel said it is now worth $1.1 billion after receiving another $100 million in a new funding round. Founded in January 2023, the company known as Dream […]