(Bloomberg) — Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. Most Read from Bloomberg Equity benchmarks in Japan, South Korea and Australia all declined while Hong Kong stock futures also fell. Contracts for US shares edged higher
NEW YORK, April 09, 2024–(BUSINESS WIRE)–Global Infrastructure Partners (“GIP”), a leading infrastructure investor, announced today that the GIP Australia Fund II (“GIPA II” or “the Fund”) has completed fundraising with aggregate committed capital of A$4.0 billion, at the upper end of the target A$3.0 – 4.0 billion range. GIPA II has commitments from institutional investors
Tada Images/Shutterstock For PropertyGuru’s real estate news roundup, the Industrial and Commercial Bank of China pledges its support to stabilize China’s property market. In other headlines, banks invested USD41 billion in Vietnam’s real estate market in 2023, while an entire village in Western Australia that’s up for sale is priced less than a derelict home
SYDNEY (AP) — Australia will restore funding to the United Nations relief agency for Palestinians, weeks after the agency lost hundreds of millions of dollars in support following Israeli allegations that some of its Gaza-based staff participated in the Oct. 7 attack. The Australian government also pledged Friday to increase aid for the besieged enclave,
The Australian government yesterday announced an A$2 billion ($1.3 billion) fund to boost trade and investment in Southeast Asia, as leaders from the region gathered for a special Association of Southeast Asian Nations (ASEAN) summit in Melbourne. Prime Minister Anthony Albanese announced the fund to a meeting of Australian and Southeast Asian CEOs, along with
Australia is establishing a A$2 billion ($1.3 billion) investment financing facility to boost investment in Southeast Asia (SEA) as part of several economic initiatives announced at this week’s Asean-Australia Special Summit to commemorate 50 years of dialogue in Melbourne. The initiatives include recommendations from Invested: Australia’s Southeast Asia Economic Strategy to 2040, launched last year by
42 Mins Ago Kakaobank shares jump as Q4 profit rises, customer base grows Kakaobank shares jumped 7% on Wednesday after the digital payments firm reported higher fourth-quarter profit. The company’s fourth-quarter net profit rose nearly 25% to 75.7 billion Korean won ($57.2 million) from a year earlier. Kakaobank added 2.42 million new users to its
The UNRWA played a pivotal aid role in Israel’s current war on Hamas in Gaza (File) London: Britain, Italy, and Finland on Saturday became the latest countries to pause funding for the United Nations refugee agency for Palestinians (UNRWA), following allegations its staff were involved in the Oct. 7 Hamas attacks on Israel. Set up
Thu, Jan 4 2024 12:33 AM EST Japan to approve reserved funds to cover damages from New Year’s Day earthquake Japan’s cabinet will approve the use of its reserved funds to cover the damage from the earthquake that hit the Noto Peninsula in Ishikawa prefecture on New Year’s Day, Prime Minister Fumio Kishida said. Reuters