PT Barito Renewables Energy, owned by Indonesian billionaire Prajogo Pangestu, is poised to raise 3.13 trillion rupiah ($203 million) through an initial public offering in Jakarta, according to a statement published on Monday.
US stock futures rose along with Asian equities after a deal was reached on the weekend to avoid an American government shutdown. Treasuries fell.
Akshay Naheta, a former SoftBank Group Corp. executive who steered some of the firm’s biggest deals, is launching a new company in Abu Dhabi focusing on stablecoin technology.
Singapore home prices rebounded last quarter after their first drop in three years, in a sign of the persistence of a property boom that has gripped the city-state for years.
Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries.
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