The owner of Westfield-branded shopping malls in Australia, Scentre Group, announced on Thursday the sale of three city-center towers in Sydney for A$1.52 billion ($1.06 billion) and an A$800 million share buyback.
Asia's army of equity capital bankers are betting on a stream of listed companies seeking fresh funds, including Alibaba's plans for an up to $20 billion Hong Kong share sale, as trade tensions continue.
The Japanese sportswear multinational announced on Wednesday that it has taken an equity stake in Curv Labs, a Canadian startup that has developed software that transforms mobile devices into motion analysis tools.
H&M’s sales may have grown in Q2 but it has reported a small drop in its pre-tax profit. However, encouragingly, the company said its summer collections are selling well and June sales in local currencies are up 12%.
Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Japan where it has struggled to grow.
More than half Chinese consumers have avoided buying anything made in the United States in support of their country in an escalating trade war, a survey suggests, posing a “significant” risk to U.S. companies.