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PALO ALTO, California/NEW YORK -- Sony and U.S. investment fund Apollo Global Management have proposed an acquisition of Paramount Global for $26 billion, according to media reports, as the Japanese company's film arm aims to bolster its slate of intellectual property.
TOKYO/MUMBAI -- Indian stocks have been staging strong performances during the country's weekslong lower house election on market expectation for Prime Minister Narendra Modi to become re-elected and usher in further economic growth.
HONG KONG -- Chinese-owned media are distancing themselves from Asia's highest-profile journalism prize amid rising domestic pressure on those seen to be "colluding with foreign forces."
TOKYO -- When Japanese developer Mitsui Fudosan laid out a 900 billion yen ($5.8 billion) redevelopment plan this week for the former site of Tokyo's famed Tsukiji fish market, one name stood out on the list of partner companies: Toyota.
HONG KONG/NEW YORK -- Chicago-headquartered law firm Mayer Brown has reached an agreement in principle to split from its China operations, ending a 15-year partnership that once formed the world's largest law firm by revenue.
NEW YORK/TOKYO -- The yen strengthened to 153.10 to the dollar at its peak on Wednesday following the U.S. Federal Reserve's decision to keep interest rates steady, sparking speculation about another intervention by the Japanese government and the Bank of Japan.
HONG KONG -- The latest U.S. government sanctions issued Thursday, Asia time, included about 20 companies from China and Hong Kong that have allegedly assisted Russia's ongoing invasion of Ukraine.
KUALA LUMPUR/JAKARTA -- The impact of boycotts against American consumer brands is further spreading in Muslim-majority countries in Southeast Asia.