MUFG, Mizuho, SMFG, and Grab vying to acquire Home Credit

MUFG, Mizuho, SMFG, and Grab vying to acquire Home Credit

Japanese financial behemoths and Grab have allegedly shown their appetite to acquire Home Credit in Southeast Asian countries, including Vietnam and India.
Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Japanese megabank Mizuho Bank is reported to invest around $170 million to acquire a 7.5 per cent stake in M-Service, the company behind e-wallet MoMo.
Singapore sovereign wealth fund GIC reports worst 20-year annual results

Singapore sovereign wealth fund GIC reports worst 20-year annual results

GIC has just reported its worst 20-year annualised results in more than 10 years, coupled with a decrease in returns caused by the COVID-19 pandemic.
Japanese bank Mizuho to stop lending to coal power plants

Japanese bank Mizuho to stop lending to coal power plants

Japanese financial giant Mizuho Financial Group has approved a shareholder resolution to stop investing and lending to new coal power projects.