China continued to dominate the megadeal market in the week, with car trader Chehaoduo alone bagging $200 million.

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The deal marks Sunway Berhad's foray into financial technology (fintech) space. 

The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia.

INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.

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The purchase price values Permata at 1.63 times its book value as of March 31, down from 1.77.

The post StanChart, Astra agree to reduced sale price for stake in Bank Permata appeared first on DealStreetAsia.

BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group.

The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia.

Lewis Hamilton admitted he tried to do too much at the start of the Italian Grand Prix after a collision with Felipe Massa forced his retirement on the opening lap

Nico Hulkenberg took Williams first pole position in five years with a remarkable lap on a drying circuit during qualifying for the Brazilian Grand Prix

Fernando Alonso said he is "extremely happy" to head to the final round of the championship in the lead of the drivers' championship after finishing third at the Brazilian Grand Prix

Lewis Hamilton admitted that his title chances were now all but over after he could only manage to finish fourth behind his main title rivals at the Brazilian Grand Prix

Mark Webber will not start from the front row of the grid at the Canadian Grand Prix, after Red Bull decided to change his gearbox on Sunday morning

Red Bull Racing driver Mark confessed himself "shocked" by the lack of overtaking at the season's opening Bahrain Grand Prix

Mark Webber believes the narrower front tyres introduced this season to improve the car's balance were key to the lack of overtaking at the Bahrain Grand Prix

Sebastian Vettel lived up to expectations at Suzuka by taking pole for the Japanese Grand Prix ahead of Red Bull team-mate Mark Webber

Heikki Kovalainen says the Malaysian Grand Prix was a positive race for the team as both cars made it to the finish line, albeit in 17th and 18th positions

Some bars and restaurants are open – with distancing – and schools are starting back, but the country isn’t taking freedom for granted

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On a recent evening in Seoul, colleagues and students sat around plastic tables outside restaurants, their chatter interrupted only by the filling of tiny glasses with soju spirit.

They had something to celebrate. Last week, South Korea, once the hardest-hit country outside China, took a cautious first step into a post-coronavirus world, less than four months since it reported its first case.

This woman took a truly nuclear revenge against a company that was up to all kinds of no good. The best part about this revenge, other than the fact that she brought justice to the company, was her added touch of subscribing everyone at the company to hundreds of different email alerts. She left the operation in complete and utter chaos. 

Depending on where you went to school and what classes you took, you may have had a project where you had to take care of a sack of flour as if it were a child, or in this case, a robotic doll programmed to cry. Based on how frustrating these things can be, we're not sure if these projects were designed to be a learning experience so much as birth control. It doesn't take simulated parenting to know that kids are weird and dumb, and that toddlers have meltdowns over nothing, but having a robot baby wake up in the middle of the night might be a literal wake-up call for a high school freshman.

The first rule is, don’t be a complete schmuck...

In the opening chapter of Wine Girl, the hugely entertaining memoir by Victoria James, once America’s youngest sommelier, the author describes a blood-boiling encounter with the kind of customer for whom involuntary euthanasia should be devised. It is a Monday lunch at the glossy Aureole in New York and the host of a testicle-heavy table of four has ordered a $650 bottle of a serious white burgundy (a 2009 Chevalier-Montrachet from Domaine Ramonet).

Having checked at her serving station that the wine isn’t tainted, James returns to the table and pours a small measure for the customer to taste. He declares it corked. “I think she has too much perfume in her nose, this girl…” he says, as if competing for a gold in the misogyny Olympics. There are only two bottles of the wine in the restaurant’s cellar. James does not want to waste a big-bucks bottle when she knows it is perfectly fine. Instead, she presents the unopened second bottle, takes it away, then returns and gets him to taste the original bottle again. And between racist epithets, he declares it perfect, with a fat top note of triumph in his voice. Witness: small penis energy.

Tatiana Akhmedova wants high court to have access to son’s papers in her fight for £453m – but he says her claim is unlawful

It is proving to be a very modern divorce. Armies of lawyers and advisers; hundreds of millions of pounds at stake; priceless art; a superyacht; a key lieutenant switching sides; the son dragged into the proceedings by his mother. No wonder some involved have likened it to The War of the Roses, the dark Hollywood comedy about a feuding couple starring Kathleen Turner and Michael Douglas.

But now attempts to secure the assets awarded following Britain’s biggest, bitterest marital breakup may hinge on how the high court views an arcane financial practice dating back to feudal times.

One boss, Dale Vince of the green energy firm Ecotricity, explains how he will get his 700 staff back to work

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Almost all the desks at Ecotricity’s headquarters in Stroud are empty. Pot plants, cards and personal photos are the only signs of the hundreds of employees at the green-energy firm who used to file in and out of the building in the Cotswold town every day.

Like most office-based employers, the firm’s founder, Dale Vince, sent virtually all of his 700-strong workforce home at the start of the lockdown in March. Now he is considering how to bring some of them back in anticipation of government guidance for reopening non-essential businesses.

Diwali is the festival of lights celebrated by Hindus with great fanfare all over the world. But, it is in India that on

Overcomplicated prescriptions discourage individuals from taking action to improve their lives. Through the years, I have read a large number of health books that offered unworkable advice....

Prime Minister Narendra Modi’s surprise move to demonetize last week has taken everyone by surprise and created a storm.

Squeezed R&D budgets in the EU, Japan and US are reducing the weight of advanced economies in science and technology research, patent applications and scientific publications and leaving China on track to be the world’s top R&D spender by around 2019, according to a new OECD report.

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.

Women entrepreneurship is increasingly recognised as a key source of employment creation and innovation, and for addressing inequalities.

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

The “Freedom of Investment" (FOI) process hosted by the OECD Investment Committee monitors investment policy developments in the 58 economies that participate in the process. This report covers investment measures taken between 16 February 2017 and 15 September 2017.

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.

On the occasion of the OECD High Level Policy Forum on Migration taking place on December 1 and 2 2014, Secretary General Angel Gurria congratulates President Obama on taking action to address the unsustainable situation of undocumented immigrants.

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

Angel Gurría and Michael R. Bloomberg reaffirmed today their commitment to support international cities’ efforts to lead in the global fight against climate change — and called for national support to make this happen.

OECD can work its hardest to raise awareness on the truths of climate change, but the world won’t see developments in green technology and infrastructure unless we have eager investors backing up investment and research and development in low-carbon technologies.

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

On 10 December in Katowice, the 9th annual High-Level Breakfast on Institutional Investors and the Low-carbon Transition, co-hosted by the OECD and the Institutional Investors Group on Climate Change (IIGCC), highlighted significant progress in mobilising green institutional investment, as well as important remaining challenges.

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

On the occasion of the OECD High Level Policy Forum on Migration taking place on December 1 and 2 2014, Secretary General Angel Gurria congratulates President Obama on taking action to address the unsustainable situation of undocumented immigrants.

Regional disparities in the supply and demand of skills do exists in many OECD countries. Local level actors need to be equipped with the right tools and capacities to develop innovative employment and job creation strategies tailored to their local conditions.

Japan should step up efforts to improve young people’s job prospects and reduce the share of 15-29 year-olds who are not in employment, education or training (the “NEETs”), according to a new OECD report.

Workshop held in The Hague on 17-18 June 2014 to evaluate stakeholder engagement in regulatory policy

Comments on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy are to be sent to regstakeholders@oecd.org by 15 March 2017.

The OECD has released a study to help all countries understand and address the risks of sales suppression software. It describes some of the most common electronic sales suppression techniques and shows how these methods can be detected by tax auditors. The report also considers the approaches already adopted by countries in combating this risk and highlights a number of best practices.

This report takes stock of corporate practices tying business integrity considerations into corporate governance frameworks, strategy and operations. It also assesses what factors influence business decisions to implement business integrity measures in practice. This report is a timely response to a succession of disturbing corporate scandals to which no industry or country appears to be immune.

Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report.

This stocktaking report first presents a chronology of how systems for the liability of legal persons have evolved among the 41 Parties to the Anti-Bribery Convention. It then presents a “mapping” of the features of these systems for the 41 Parties.

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.

This consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements.

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.