Business
Grab Holdings has agreed to acquire foodpanda’s delivery business in Taiwan for $600 million in cash, marking the Singapore-based company’s first expansion outside Southeast Asia. The deal will extend Grab’s footprint to a ninth market, adding operations in 21 Taiwanese cities and......
Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United......
Shares in Taiwan Semiconductor Manufacturing Company rose sharply after the world’s largest contract chipmaker reported record revenue for January and as reports suggested the United States is considering tariff exemptions tied to investment commitments by the company. Investor optimism was also......
