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Ares Management Closes $2.4 Billion Japan Data Center Fund

NEW YORK — Ares Management Corporation has announced the final close of its inaugural data center-focused investment fund, Japan DC Partners I LP, with...

Qantas to Shut Jetstar Asia in Strategic Overhaul, Redeploy Aircraft to Core Markets

Qantas Group will close its Singapore-based low-cost carrier Jetstar Asia by July 31, 2025, as part of a strategic overhaul to focus capital on...

Keppel Infrastructure Trust to Sell Partial Stake in Australian Bus Operator Ventura for A$130m

Keppel Infrastructure Trust (KIT) will divest a 24.62% stake in Ventura Motors Pty. Ltd., Victoria’s largest public bus service operator, to private funds managed...

ADB, CGIAR Launch $1.5B Drive to Transform Rice Farming in Asia

The Asian Development Bank (ADB) and global agricultural research network CGIAR, with support from the Bill & Melinda Gates Foundation, launched a new initiative...

CapitaLand Investment Secures Fresh Capital for Lodging Fund, Acquires JPY30B Tokyo Asset

CapitaLand Investment Ltd (CLI) has secured additional capital commitments from both new and existing institutional investors for its value-add lodging private fund, CapitaLand Ascott...

Fitch Says Singapore Banks Resilient Amid Headwinds

Fitch Ratings affirmed the robust credit standing of Singapore’s three major banking groups, citing strong standalone credit profiles and a very high likelihood of...

Fitch Maintains Neutral 2025 Outlook for APAC Insurance, Flags Risks in China and Taiwan

Fitch Ratings has maintained a ‘neutral’ sector outlook for Asia-Pacific (APAC) insurance in 2025, citing stable underlying earnings and strong capital buffers across most...

KPMG Hong Kong Launches 2024 Audit Quality Report, Highlights AI Integration and ESG Focus

KPMG has released its 2024 Hong Kong Audit Quality Report, underscoring the firm’s strategic commitment to audit integrity, technological innovation, and evolving stakeholder expectations...

Insurtech bolttech raises $147M in Series C, adds Sumitomo and Iberis Capital as investors

Singapore insurtech company bolttech said it has raised $147 million in its Series C funding round, with Japan’s Sumitomo Corporation and Portugal’s Iberis Capital...

Philippines’ Hotel101 Moves Closer to Nasdaq Listing

The US Securities and Exchange Commission has declared effective Hotel101 Global Holdings Corp’s registration statement on Form F-4, a key step toward its planned...
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