Yantoultra Ngui

Ares Management , a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its ​fifth Japan logistics development fund, marking the unit's largest closed-end institutional ‌fundraise to date.

Shares in the online fast-fashion retailer ended flat in their debut, ​failing to gain a typical first-day pop amid worries about setbacks that have undermined its competitive advantage.

Shein will pay up to almost twice the fresh capital it is seeking in ​an IPO to help compensate selected existing investors for a sharp slide in its valuation.

KKR & Co has emerged as the preferred bidder to buy a minority stake in Avisena Healthcare ​in a deal that could value the Malaysian healthcare firm ‌at about 1.5 billion ringgit ($370 million), two people with direct knowledge of the matter said.

JPMorgan Chase will continue hiring in Asia Pacific at a similar pace in 2027, after revenue at ​its corporate bank in the region grew by well above ‌20% this year, its regional heads told Reuters.

Singapore's United Overseas Bank is selling its asset management business to a unit of Germany's Allianz for S$555 ​million ($434 million), as the lender focuses on wealth advice and distribution.

Chinese optical parts maker Zhongji Innolight ​is guiding potential investors in its Hong Kong listing to a price ‌of HK$980 ($124.97) a share, below the upper marketing limit of HK$1,010, two people with direct knowledge of the matter said.

Singaporean state investor Temasek is looking to increase ‌its investments in defence as the war in Ukraine prompts European governments to boost military spending, a senior executive said.

Chinese memory chip manufacturer CXMT Corp's shares will start trading ​in Shanghai on Monday, it ‌said on Thursday after raising 57.92 billion yuan ($8.6 billion) in Asia's biggest initial ​public offering so far this year.

Asian wealthy families and fund managers are increasingly moving beyond sponsorships and charity-linked sporting events to invest directly in sports assets, betting that growing audiences and rising media-rights ​fees will drive longer term returns.