Adwitiya Srivastava

3 weeks ago | zawya.com | David Dolan |Adwitiya Srivastava |Mariko Katsumura

TOKYO - Toyota Motor will take private a key supplier of its group, it said on Tuesday, in a $26 billion deal, marking a landmark repositioning of Japan's most important corporation. Under the terms of the deal, unlisted real estate company Toyota Fudosan will launch a tender offer for shares of Toyota Industries for 3.7 trillion yen ($26 billion), the companies said. Separately, Toyota said it plans to buy back its own shares from Toyota Industries.

1 month ago | marketscreener.com | Byron Kaye |Adwitiya Srivastava

(Reuters) - Australia's corporate regulator sued top investment bank Macquarie Group alleging it misreported up to 1.5 billion short sales over a decade and a half, misleading the market and violating rules in place since the financial crisis. The lawsuit is a major escalation of conflict between Macquarie, Australia's 10th-biggest listed company, and the Australian Securities and Investments Commission (ASIC), which has already hit the company with three enforcement actions in the past year.

Feb 14, 2025 | uk.marketscreener.com | Adwitiya Srivastava |Rashmi Aich

Stock Market News Rupiah, ringgit top Southeast Asia FX gains as dollar wobbles on easing tariff fears February 14, 2025 at 08:59 am (Updates as of 0656 GMT) * Indonesia to set up sovereign wealth fund * Rupiah top gainer among Asia FX * Ringgit holds firm after GDP data By Rishav Chatterjee and Adwitiya Srivastava Feb 14 (Reuters) - The Indonesian rupiah was the top gainer among a bunch of tepid Southeast Asian currencies on Friday after the country's president laid down plans for a new...

Feb 11, 2025 | streetinsider.com | Adwitiya Srivastava |Byron Kaye

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Jan 26, 2025 | insideretail.asia | Adwitiya Srivastava |Shreya Biswas |Sean Cao |Nicole Kirichanskaya

Hong Kong-based property developer New World Development on Friday confirmed it is conducting ongoing negotiations for the potential sale of its shopping centre, K11 Art Mall. Local media had reported in August that the company received a HK$9 billion (US$1.16 billion) bid for the Hong Kong shopping mall from a Chinese state-owned company.