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  • Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector

    Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector0

    Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers’ need for capital to meet soaring demand for planes and parts risks further turbulence, executives said. Demand from aircraft manufacturing giants has soared on the back of surging global air travel following a pandemic-induced slump. Some of their suppliers rely

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  • Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results

    Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results0

    Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings, while less hawkish signals from the Federal Reserve also aided sentiment. Tencent Holdings Ltd (HK:0700) rose over 6% to HK$368.40 a share, and was set for its best day since early-March, as easing COVID

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  • Asia FX Surges, Dollar Sinks on Fed’s ‘Dovish Hike’

    Asia FX Surges, Dollar Sinks on Fed’s ‘Dovish Hike’0

    Most Asian currencies rose sharply on Thursday, while the dollar fell to a seven-week low after the Federal Reserve raised interest rates but hinted at a potential pause in its tightening cycle, although rates are likely to remain higher for longer. China’s yuan surged 0.7%, while the South Korean won was the best performer for

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