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United Kingdom

Kane Wu

RPT-Electric dreams in danger as funding dwindles for China's Tesla challengers

19 Jun 2019

* China EV maker funding this year is just 13% of year-ago level

Electric dreams in danger as funding dwindles for China's Tesla challengers

19 Jun 2019

HONG KONG/BEIJING Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups. | Video

Warburg Pincus nearing close of $4.3 billion China-Southeast Asia fund: sources

06 Jun 2019

HONG KONG Warburg Pincus LLC is nearing the final close of an at least $4.25 billion private equity fund focusing on Chinese and Southeast Asian investments, people with direct knowledge of the matter told Reuters.

KKR hires former Australian Prime Minister Turnbull as global senior advisor

31 May 2019

HONG KONG KKR & Co has appointed former Australian Prime Minister Malcolm Turnbull as a global senior advisor, the global investment firm told Reuters on Friday.

KKR hires former Australian Prime Minister Turnbull as global senior advisor

31 May 2019

HONG KONG, May 31 KKR & Co has appointed former Australian Prime Minister Malcolm Turnbull as a global senior advisor, the global investment firm told Reuters on Friday.

Alibaba plans bumper $20 billion HK listing to boost investment war chest: sources

28 May 2019

HONG KONG Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New York. | Video

Germany's Metro to expect at least eight second-round bids for China unit: sources

27 May 2019

HONG KONG At least eight suitors are preparing second-round bids to buy a majority stake in German wholesaler Metro AG's Chinese operations, Reuters learned from people directly involved in the matter, as suitors vie for heft in a changing offline landscape.

Global private equity firms to bid for Hitachi's chemical unit: sources

17 May 2019

HONGKONG/FRANKFURT/TOKYO Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Reuters.

World News

Trump says Iran may have shot down U.S. drone by mistake

U.S. President Donald Trump played down Iran's downing of a U.S. military drone on Thursday, saying he suspected it was shot by mistake and that "it would have made a big difference" to him if the remotely-controlled aircraft had been piloted.