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Hansoh Pharma, Hongqiao tap Asia CB market

Hong Kong-listed Hansoh Pharmaceutical Group and China Hongqiao Group have added to the burst of convertible bond activity in the first week of 2021, raising a combined $900m from the equity-linked market on Thursday.


8 January 2021 0

SAIC-GMAC seals year’s first auto ABS

SAIC-GMAC Automotive Finance Co has sold the first auto loan ABS transaction of the year in China, printing a Rmb10bn ($1.55bn) deal this week.


8 January 2021 0

Sources: Intercontinental Exchange’s Bakkt is in advanced talks to go public via a merger with SPAC; combined entity could be valued at $2B (Bloomberg)

Bloomberg:Sources: Intercontinental Exchange’s Bakkt is in advanced talks to go public via a merger with SPAC; combined entity could be valued at $2B  —  Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange Inc., is in advanced talks to go public through a merger …


8 January 2021 0

2020 Ties 2016 as Hottest Yet, European Analysis Shows

The global average temperature in 2020 was about 2.25 degrees Fahrenheit warmer than the average from 1850 to 1900, data from the Copernicus Climate Change Service indicates.


8 January 2021 0

Loans banker Chang to leave Mizuho

Monita Chang, a senior director in Mizuho’s debt structuring and syndication team in Hong Kong, is leaving the bank, according to a source close to the situation.


8 January 2021 0

Elon Musk, The World’s Wealthiest Person, Is Focused On Helping Humanity

Today, Elon Musk passed Jeff Bezos as the richest person in the world. Elon Musk has created his companies to solve problems that otherwise would probably not be solved. Tesla is a great example of this


8 January 2021 0

Foxconn $200M Cash Infusion Means the 48″ Infotainment Screen Lives!

Bloomberg is reporting that Apple screen supplier Foxconn has entered into a strategic production deal with embattled Chinese EV startup Byton, in a move that could see that car — and its infamous 48″ infotainment screen — finally reach series production. And it could happen somewhat sooner than later


8 January 2021 0

Quantum Wells Enable Record-Efficiency Two-Junction Solar Cell

With a Sandwich of 80 Ultrathin Quantum Well Layers, New Solar Cell Unlocks World Record and a Path to Further Improvements


8 January 2021 0

Amazon shutters its Prime Pantry delivery service, and folds thousands of products under that banner into its main retail site (Matt Day/BNN)

Matt Day / BNN:Amazon shutters its Prime Pantry delivery service, and folds thousands of products under that banner into its main retail site  —  Amazon.com Inc. has shuttered Prime Pantry, a grocery and household essentials delivery service that was one of the retailer’s early forays into selling food online.


8 January 2021 0