The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support the Philippines in improving its business climate and attracting more foreign investment. Although the Philippines is among Asia’s fastest-growing economies, it continues to lag behind regional peers in FDI due to bureaucratic red tape, high power costs, and weak infrastructure. ADB...
APG, one of Europe’s largest pension fund managers, announced plans to reduce up to 1,200 jobs by 2030 — cutting its workforce by roughly one-third as the organization adapts to sweeping changes in the Netherlands’ pension system. The restructuring will bring APG’s headcount down to around 2,500 employees by the end of the decade. APG...
Hong Kong developer Lai Sun Development has agreed to sell its 50% interest in a prime Central district office tower for HK$3.5 billion (US$450 million), according to a regulatory filing. The move marks one of the city’s largest commercial property transactions this year. Facing tightening liquidity, Lai Sun will receive HK$2.4 billion in net proceeds...
Goldman Sachs CFO Denis Coleman says 2025 is on track to become the second-strongest year for announced M&A in history — a powerful signal that dealmaking momentum will continue into 2026. His comments reflect growing optimism across Wall Street, including at Morgan Stanley, as the U.S. economy remains resilient, financing costs ease, and corporate confidence...
Microsoft has unveiled $23 billion in new AI-related investments, placing a major strategic focus on India, one of the world’s fastest-growing digital ecosystems. CEO Satya Nadella confirmed that $17.5 billion will be deployed in India — Microsoft’s largest investment in Asia to date. Beginning in 2026, this four-year plan is set to give the company...
Xtellus Partners, a U.S. investment bank, has floated a proposal to the U.S. Treasury that would use proceeds from the sale of Lukoil’s foreign assets to compensate American investors whose holdings were frozen following Russia’s invasion of Ukraine in 2022. Major U.S. asset managers — including BlackRock, JP Morgan, and Goldman Sachs — collectively lost...