Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Malaysia hires aviation consultant to review AirAsia's $1B funding plan
Malaysia's finance ministry has hired Alton Aviation Consultancy to review AirAsia's funding strategy as the budget carrier seeks up to $1 b
Volkswagen board vote tests restructuring plan unions and state oppose
Volkswagen's supervisory board votes Friday on a restructuring plan that would cut jobs and trim production capacity, but unions and the sta
Hexaware stock drops 3.7% as CEO exit raises execution worries
Hexaware shares fell as much as 3.7% after CEO Srikrishna Ramakarthikeyan resigned, with EXL executive Vivek Jetley set to take over on Octo
Unitree shares halve after debut surge but still trade at 118x sales
Unitree's shares have fallen sharply from their post-IPO peak, but the stock still trades at a lofty 118 times sales. Meanwhile, a new forec
Bremworth weighs Floorscape's higher NZ$0.95 buyout offer
Floorscape has sweetened its takeover bid for Bremworth to NZ$0.95 a share, beating a rival partial offer. The board calls it superior, but
MaxiPARTS shares jump 28% on Ares' AU$2.50 takeover bid
MaxiPARTS shares jumped 28% after Ares Management made a conditional AU$2.50-per-share takeover offer. The truck-parts supplier has signed a
Ionic Rare Earths and US Strategic Metals plan $100M Missouri recycling JV
Ionic Rare Earths and US Strategic Metals have signed a non-binding term sheet for a 50-50 joint venture to recycle rare-earth magnets at a
TPG-backed Asia OneHealthcare files for Malaysia IPO that could raise $2.3B
Asia OneHealthcare, a TPG-backed healthcare provider, has confidentially filed for a Bursa Malaysia IPO that could raise at least 10 billion
Tencent Music taps bond market to refinance debt and buy back shares
Tencent Music is back in the US dollar bond market with a benchmark-sized sale of 5- and 10-year notes. The proceeds will refinance offshore
Arena REIT shields rent from Edge Early Learning administration
Arena REIT is moving to protect its income after tenant Edge Early Learning entered administration. The landlord says 27 sites will keep pay
Samsung insurers weigh $1.5B+ deal to take control of Canopius
Samsung's two big insurers are reportedly in talks to buy another 50% of London reinsurer Canopius for over 2 trillion won. The deal would l
IperionX targets 1,400 tonnes of titanium a year by 2027 with DoD backing
Jefferies says IperionX could reach 1,400 metric tons of titanium output a year by 2027, backed by up to $99 million in US defense support.