Posted at 06:00h
in
News
by KMFSLLP
Asia's dealmakers
are looking to distressed sales and a pick-up in take-private
deals after fallout from the coronavirus outbreak sent
first-quarter M&A activity to a seven-year low.

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Posted at 06:00h
in
News
by KMFSLLP
Global mergers and
acquisitions activity plunged 28% in the first quarter to its
lowest level since 2016 as the devastating economic effects of
the coronavirus pandemic took hold in March, compounding a slow
start to the year for dealmakers.
Posted at 05:41h
in
News
by KMFSLLP
Dubai-based banks will implement
measures to help customers cope with the fallout from the
coronavirus pandemic, the United Arab Emirates (UAE) state news
agency WAM reported.

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Posted at 05:35h
in
News
by KMFSLLP
Shareholders of Abu Dhabi-listed
Commercial Bank International, which is part owned by
Qatar National Bank, have declined a proposed by the
board to increase the capital of the company, according to a
regulatory filing on Tuesday.
Posted at 05:18h
in
News
by KMFSLLP
China shares
climbed on Tuesday after the country reported a
better-than-expected industrial activity, spurring hopes that
the world's second-largest economy is starting to recover from
the shock of the coronavirus pandemic.
** At the midday break, the Shanghai Composite index was
up 0.4% at 2,758.81 points. The blue-chip CSI300 index
was up...
Posted at 04:37h
in
News
by KMFSLLP
Alibaba Group Holding Ltd
plans to buy at least 10% of Yunda Holding Co Ltd
, marking the e-commerce giant's fifth investment in
a large courier, two people with knowledge of the matter told
Reuters.
Posted at 04:24h
in
News
by KMFSLLP
Southeast Asian stock markets rose on
Tuesday as data showed China factory activity unexpectedly
expanded in March after contracting to a record low in the
previous month even though the coronavirus pandemic showed few
signs of abating.
China's official Purchasing Ma
Posted at 04:01h
in
News
by KMFSLLP
* Businesses facing grim outlook on global spread of virus
(Adds quotes from analysts, context on demand & job losses)

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Posted at 03:47h
in
News
by KMFSLLP
Japanese stock benchmark Nikkei
gained on Tuesday as Wall Street stabilised and factory data
from China held out the hope of a rebound in activity, even
though the global coronavirus crisis showed no signs of abating.
Posted at 03:31h
in
News
by KMFSLLP
Hong Kong private home
prices in February posted the biggest monthly decline since
November 2018, falling 2.1% as the coronavirus spread across the
financial centre.

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