Town Hall News

By Angie Teo, Chayut Setboonsarng and Devjyot Ghoshal BANGKOK (Reuters) -Shanghai resident Daniel Bian drank in the sweeping views over the Thai capital as he lay on a deckchair beside a swimming pool on the 19th floor of a luxury condominium. “I feel alive. I feel free,” said an excited Bian, dapper in tinted sunglasses, flat-topped navy blue hat and a wraparound tunic cinched at the waist, his hair hanging […]

By Kane Wu and Anirban Sen HONG KONG/NEW YORK (Reuters) – Bain Capital is seeking to raise $4 billion for a new global “special situations fund” as the U.S. firm sees an opportunity to snap up distressed investments in a broad range of asset classes, two people familiar with the matter said. Bain Capital kicked off the fundraising at the start of the year and has already raised about $2 […]

By Laurie Chen BEIJING (Reuters) – The Global Times, a hawkish Chinese state media tabloid, on Monday criticised a letter of protest sent to it by South Korea’s embassy in China, the latest public spat amid worsening ties between the Asian neighbours. The South Korean embassy “expressed strong regret over a series of unreasonable slanderous articles” from the Global Times, in a letter of protest published Friday on its website. […]

SEOUL (Reuters) – Japanese Prime Minister Fumio Kishida met with South Korean lawmakers and business leaders in Seoul on Monday to discuss potential bilateral cooperation as he wrapped up the first visit by a Japanese leader in 12 years. Kishida and the leaders of various business groups hoped the meeting, which saw talks about building a resilient supply chain and promoting industrial cooperation in cutting-edge technology, would strengthen economic ties […]

(Reuters) – Jake Paul said top boxers are too focused on protecting their undefeated records and should be more willing to sign up for high-profile fights. Britain’s Tyson Fury and Ukraine’s Oleksandr Usyk agreed late last year to a heavyweight unification title fight but the talks broke down in March. Former world heavyweight champion Anthony Joshua also invited Fury to think again about a future fight, though nothing has been […]

SEOUL (Reuters) – Japanese Prime Minister Fumio Kishida met with South Korean lawmakers and business leaders in Seoul on Monday to discuss potential bilateral cooperation as he wrapped up the first visit by a Japanese leader in 12 years. Kishida and the leaders of various business groups hoped the meeting, which saw talks about building a resilient supply chain and promoting industrial cooperation in cutting-edge technology, would strengthen economic ties […]

By Scott Murdoch and Julie Zhu SYDNEY/HONG KONG (Reuters) -Alibaba’s logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March it would split its business into six […]

By Farah Master HONG KONG (Reuters) -China wants to work with the International Olympic Committee (IOC) to oppose the politicisation of sports, Premier Li Qiang said, amid demands on the sporting body to exclude athletes from Russia in the wake of its invasion of Ukraine. Premier Li made the comments at a meeting with IOC head Thomas Bach in Beijing over the weekend, according to the state-run Xinhua news agency. […]

(Reuters) – A whirlwind white ball tour of Pakistan offering little at stake proved an unexpected blessing for a depleted New Zealand squad as fringe players stepped up in the absence of the team’s Indian Premier League A-listers. The Tom Latham-captained Black Caps captured a 47-run consolation win in the fifth and final One Day International in Karachi on Sunday to avoid a series whitewash and knock Pakistan off their […]