A shareholder ballot with 99.9% of votes in favour of the Blackstone buyout effectively ended one of Australia's most storied business dynasties
The fund's deputy managing director Kenji Okamura said the Covid pandemic, war in Ukraine and tougher global financial conditions would make this year "challenging" for Asia
The statement comes as oil prices rebounded from two days of losses in a volatile session, bolstered by weakness in the US dollar
The gain was much stronger than a 0.8% year-on-year rise in March, as the impact of mobile phone fee cuts fades
Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%
China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low
A Wall Street slump brought the mood down across Asian trading floors with Hong Kong tech firms like Tencent and Alibaba hit hardest
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.