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Saturday, March 21, 2026

ADNOC and OMV Forge Ahead with Mega Chemicals Merger, Advancing Borouge Group Formation

ADNOC and OMV are making significant strides towards completing their chemicals mega-merger, advancing the formation of the Borouge Group International AG, with an expected close by March 2026.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

Nexstar Seals $6.2 Billion Tegna Acquisition Amidst Legal Battles and Regulatory Green Light

Nexstar Media Group finalizes its $6.2 billion acquisition of Tegna, creating the largest U.S. local TV station owner despite ongoing legal challenges and regulatory approvals.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Hang Seng Indexes Partners with Qatar Financial Centre to Boost Financial Connectivity

Hang Seng Indexes Company, the entity responsible for compiling the Hang Seng Index and a leading provider of stock market benchmarks in China, has...

Hong Kong Stocks Climb as JD.com Earnings Shine and Trade Tensions Ease

Hong Kong stocks edged closer to a two-month high as investor sentiment improved on the back of strong corporate earnings and easing global trade...

Nomura Upgrades Chinese Equities Amid US-China Tariff Breakthrough

Nomura Holdings has become the first major global investment bank to upgrade its outlook on Chinese equities following a surprising development in US-China trade...

Hong Kong Stocks Retreat as Traders Reassess China-US Trade Deal

Hong Kong equities pulled back on Tuesday, reversing part of their strong rally from the previous session as investors took profits and reassessed the...

Mainland and Hong Kong Firms Seek Nearly US$1.4 Billion Amid Capital Market Revival

Three firms from mainland China and Hong Kong have announced significant fundraising efforts in Hong Kong, taking advantage of the city’s revitalised capital markets....

Mainland Chinese Buyers Boost Hong Kong Luxury Property Market Amid Local Sell-Offs

Mainland Chinese homebuyers are continuing to play a pivotal role in sustaining demand within Hong Kong's luxury real estate sector, even as some local...

Alibaba Expands Access to Qwen3 AI Models Across Developer Platforms

Alibaba Group has expanded the accessibility of its Qwen3 family of artificial intelligence models by making them available on several popular developer platforms. The...

US Tariff Reduction Encourages Chinese Auto-Parts Exporters to Reconsider Local Expansion

The recent decision by the United States to temporarily reduce tariffs on Chinese imports has prompted auto-parts exporters from mainland China to reassess their...

Hang Seng Bank Cuts Jobs Amid HSBC Restructuring Strategy

Hang Seng Bank, a prominent retail lender in Hong Kong and majority-owned by HSBC Holdings with a 62.14% stake, has begun laying off staff...

U.S. Consumer Prices Show Moderate Rebound in April Despite Tariff Concerns

In April, U.S. consumer prices saw a modest rebound, increasing by 0.2% after a decline in March, marking the first dip since May 2020....

Telefonica Reports €1.3 Billion Loss in Q1 After Write-Downs on Latin American Sales

Telefonica, the Spanish telecom giant, reported a net loss of 1.3 billion euros ($1.45 billion) for the first quarter of the year, primarily due...

China and Colombia Sign Joint Cooperation Plan on Belt and Road Initiative

China and Colombia have officially signed a joint cooperation plan under the Belt and Road Initiative (BRI), strengthening their growing economic and strategic ties....

CATL to Price Shares at HK$263 in Hong Kong Listing, Raising $4 Billion

Chinese battery manufacturer CATL is preparing to price its shares at HK$263 ($33.70) each for its Hong Kong listing, according to sources familiar with...

Global EV Sales Rise 29% in April Despite Trade Tensions

In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...

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