Carlyle to buy Japan KFC operator for $835m
TOKYO -- U.S. private equity group Carlyle said Monday it will seek to take the operator of KFC fried chicken restaurants in Japan private in a roughly 130 billion yen ($835 million) acquisition.
Nikkei staff writers in asian news
Saudi ETF to list in Japan under expected deal between leaders
TOKYO -- Japan and Saudi Arabia are expected to reach an agreement in which an exchange-traded fund (ETF) tracking Saudi stocks will be listed in Tokyo, the first of its kind, Nikkei has learned.
Carlyle to buy Japan KFC operator in tender offer
TOKYO -- U.S. private equity manager Carlyle Group said Monday it will seek to take the operator of KFC fried chicken restaurants in Japan private.
Hong Kong boy band Mirror reflects city's identity in mainland shadow
HONG KONG -- One of Hong Kong's most popular boy bands is dancing a fine line between expanding its reach while maintaining its local charm, all while Beijing pushes for greater cultural integration between the city and mainland.
Lawrence Wong, Singapore's new PM, begins term: 5 things to know
SINGAPORE -- Singapore has its first new prime minister in 20 years, with Lee Hsien Loong, 72, stepping down from the post this week to make way for Lawrence Wong, 51, who was his deputy.
Elon Musk's X stirs free speech controversy from Australia to India to Brazil
PALO ALTO, U.S./SYDNEY/SAO PAULO -- Social media platform X and its owner, Elon Musk, are clashing with authorities around the world over demands to remove content seen as harmful, igniting debates over censorship as well as the role of Musk's business interests.
Country Garden wind-up case adjourned as policy support hopes rise
HONG KONG -- The High Court in Hong Kong on Friday adjourned the first hearing of a wind-up petition against embattled mainland Chinese developer Country Garden Holdings, with the judge stressing that the case must proceed promptly.
Nearly 1,100 Tokyo Prime listed companies to cut cross-held shares
TOKYO -- Nearly 70% of the companies listed on the Tokyo Stock Exchange's Prime market plan to reduce their holdings of cross-held shares, according to the latest industry data.