Australia’s Insignia hits over 3-yr high as Bain matches CC Capital’s $1.9 bln bid
SYDNEY (Reuters) – Shares of Australia’s Insignia Financial Ltd (ASX:IFL) rose to over a three-year high on Thursday after U.S. private equity giant Bain Capital matched an A$3.07 billion ($1.92 billion) revised takeover bid by CC Capital, deepening a competitive
Bain matches CC Capital’s offer for Australia’s Insignia Financial at $1.92 billion
By Roushni Nair (Reuters) -Insignia Financial’s shares hit a three-year high on Thursday, driven by a revised takeover offer of A$3.07 billion ($1.92 billion) from U.S.-based Bain Capital, matching the bid of rival CC Capital Partners (WA:CPAP) and fuelling
Dollar treads water as Trump tariff clarity, central banks awaited
By Kevin Buckland TOKYO (Reuters) – The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions are
UBS sees growth moderation in Asia Pacific amid US tariff risks, dollar strength
Investing.com– Economic growth in the Asia-Pacific region is likely to face headwinds in 2025 due to potential U.S. tariff increases, a strong dollar, and weaker export demand, UBS analysts said in a research note. UBS economists forecast a regional slowdown of
People leave New Zealand in record numbers in year to November
By Lucy Craymer WELLINGTON (Reuters) -People leaving New Zealand hit record levels in the year to November 2024, in another sign of the weakness in the country’s economy that moved to a technical recession in the third quarter. Data released by Statistics