DealStreetAsia
U.K. pension group commits $180m to KKR Asia-Pacific fund
Border to Coast Pensions invests in sectors such as energy transition
Finance
Companies
Mizuho, SoftBank to shut down money-losing AI credit score service
Joint venture fails to win over users as Line, Docomo offer rival products
Economy
Japan eyes tax incentive to redirect stock gains to startups
Angel investors encouraged to reinvest profits from trading
DealStreetAsia
Indonesian invoicing startup Paper.id raises $12m
Company provides platform for businesses to create invoices, manage accounting
Cryptocurrencies
South Korean prosecutors say crypto fugitive Do Kwon is in Serbia
Terraform Labs co-founder sought over alleged fraud, market manipulation
Market Spotlight
China's COVID shifts take investors on a wild ride
Caution remains over potentially volatile exit from past pandemic strategy
China debt crunch
China banks throw $460bn credit lifeline to real estate sector
Fresh aid suggests Xi Jinping's focus is on stabilizing economy
Cryptocurrencies
Banks face first global cryptocurrency rules in wake of FTX collapse
Basel Committee set to require that crypto holdings be backed by capital
Economy
Marcos team urges on Philippine wealth fund bill amid criticism
Latest version does not require employee pension fund contributions
DealStreetAsia
Singapore's ShopBack bags $30m from Australia's Westpac
Cashback platform has been bolstering its leadership team
DealStreetAsia
India's Byju's looks to renegotiate $1.2bn loan amid steep losses
Online education startup has been under spotlight over financial losses, job cuts
Economy
China looks to private pensions to solve aging workforce puzzle
Retirement scheme could meet funding shortfalls in country's public system
Finance
Ex-Mizuho traders fined in U.K. for 'market abuse' in Italian bond futures
Trio banned and ordered to pay almost $733,000 in penalties
DealStreetAsia
Singapore-based financial admin startup Osome raises $25m
Company digitizes accounting and compliance services for SMEs
DealStreetAsia
KKR-backed EQuest takes controlling stake in Vietnam school operator
Khoi Nguyen Education runs bilingual schools in Southeast Asian nation
Markets
China markets soar on zero-COVID exit hopes
Easing of long-running pandemic controls drives share rally
DealStreetAsia
Indian lending platform KreditBee raises $80m
Fintech company looking to diversify product range
Finance
Japan's SMFG to pour $1.5bn into helping companies turn around
Megabank eyes capital gains by selling company stakes after revitalization
DealStreetAsia
Indonesia auto-finance startup Broom lines up new funding
Company provides short-term loans for car dealers
IPO
China nickel producer makes Hong Kong IPO debut amid EV growth
Lygend Resources is raising money to build Indonesia production sites
