US-Iran memorandum draft calls for 30-day restoration of Strait of Hormuz and $300bn reconstruction pledge Draft US-Iran memorandum calls for an immediate ceasefire, lifting of US blockade, Strait of Hormuz …
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Yum China buys mainland Pizza Hut for $1.2 billion amid subdued consumer market
by Sato Asahiby Sato AsahiYum China to Buy Pizza Hut China Mainland Business for $1.2 Billion; U.S. Firm Purchases Remainder Yum China will buy Pizza Hut China’s mainland operations for $1.2 billion while LongRange …
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Mynt IPO Moves Forward as Reports Say Board Filed Listing Application on PSE Mynt IPO: Parent of GCash eyes landmark Philippine listing that could raise about $1 billion, local reports …
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Bangladesh earmarks 400 billion taka to shore up troubled banks
by Sato Asahiby Sato AsahiBangladesh Banks Bailout: Government Earmarks 400 Billion Taka to Stabilize Troubled Lenders Bangladesh allocates 400 billion taka in next budget to prop up troubled banks, addressing systemic risk amid governance …
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Pakistan IT freelance exports to surpass $1 billion this fiscal year
by Sato Asahiby Sato AsahiPakistan freelance exports set to top $1 billion in fiscal year ending June 30, 2026 Pakistan freelance exports to exceed $1 billion in the fiscal year ending June 30, 2026, …
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Japan $550 Billion Pledge Funds US Push to Expand Nuclear Exports
by Sato Asahiby Sato AsahiU.S. to Use Japan’s $550 Billion Investment Pledge to Back Nuclear Power Expansion and Export Drive U.S. Commerce Secretary says part of Japan’s $550 billion investment pledge will fund U.S. …
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Turkey Suspends BYD Import Tax Exemptions and Warns of $1 Billion Repayment
by Sato Asahiby Sato AsahiBYD Turkey plant faces tax-exemption suspension as construction stalls Turkey suspends import tax exemptions for BYD and warns of possible $1bn repayment after the electric vehicle maker missed construction deadlines …
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Tencent Issues First US Dollar Bond Since 2021 and Raises $4.6 Billion
by Sato Asahiby Sato AsahiTencent bonds raise about $4.6 billion in dual‑currency sale, first US dollar issue since 2021 Tencent bonds: Chinese tech titan raised roughly $4.6 billion through dual‑currency bonds—its first greenback issuance …
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Tokyo Stock Exchange Growth Section Sees 60% of Listings Under ¥10 Billion
by Sato Asahiby Sato AsahiTokyo Stock Exchange Growth section dominated by small-cap firms as 2030 listing rules approach About 60% of firms on the Tokyo Stock Exchange Growth section had market capitalizations below ¥10 …
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Business
Nissan warns rising interest costs push annual payments past 110 billion yen
by Sato Asahiby Sato AsahiNissan Interest Payments Balloon as High-Interest Financing and Downgrade Raise Costs Nissan’s interest payments top ¥110 billion as high-interest financing and an S&P BB- downgrade push borrowing costs higher and …