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Bain Capital has successfully closed its largest fund focused on Asia, surpassing its fundraising target by $2.1 billion, raising a total of $10.5 billion.
Officials warn that the EU's proposed reduction in steel import quotas could lead to significant financial losses for Ukraine, potentially reaching €1 billion.
As shipping companies pivot to trucks for cargo transport, businesses in the Gulf region are grappling with steep increases in freight rates and costs.
China's push for nuclear energy in Southeast Asia may provide significant advantages, potentially reshaping the region's energy landscape.
Amid increasing demand for electric scooters in Asia and South America, Yadea is set to establish a factory in Hungary to meet the growing market needs.
The Chinese data centre spin-off, DayOne, is set to raise $5 billion through a dual IPO in Singapore and the US, leveraging new regulations aimed at enhancing Asian market listings.
In a significant primary election, a candidate endorsed by former President Trump has unseated two-term Republican Senator Bill Cassidy of Louisiana, who faced criticism for his impeachment vote.