To understand why some of China Evergrande Group’s strategic investors agreed to throw the embattled developer a $13 billion lifeline last month, look no further than their own sources of revenue.
As earnings season kicks off in Japan, forecast upgrades by two major manufacturers could be an early indication of a profit recovery among the nation’s blue chips.
Hong Kong-based hedge fund LIM Advisors is focusing more on buying high-yield and distressed bonds and loans in the Asia-Pacific region after the pandemic roiled markets earlier this year.
Genius Sports Group is nearing a deal to go public through a merger with DMY Technology Group Inc. II, a blank-check firm led by former EMC Corp. executive Harry You and former Glu Mobile Inc. Chief Executive Officer Niccolo De Masi, according to people with knowledge of the matter.
Japan is headed for more mergers and acquisitions after a recent deal from one of the country’s biggest telecom firms, and that’s raising hopes for lucrative landmark bond sales to finance the spree.
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