MUFG weighs stake acquisition in Indonesia's Panin Bank
Mitsubishi UFJ Financial Group (MUFG) is mulling a bid for PT Bank Pan Indonesia, Bloomberg reported citing unnamed sources.
Source: retailbankerinternational.com
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MUFG Bank sells Dah Sing stake to Japanese peer Norinchukin
MUFG's core banking arm MUFG Bank has decided to offload its stake in Hong Kong-based financial group Dah Sing Financial Holdings.
Source: retailbankerinternational.com
World Business Quick Take - Taipei Times
GERMANY <strong>Orders rebound fractionally</strong> Industrial orders in May climbed fractionally after falling for three consecutive months as a result of the economic fallout from Russia’s war in Ukraine, official data showed yesterday. New orders — which usually provide a foretaste of industrial output — rose 0.1 percent from the previous month, the federal statistics agency Destatis calculated. The previous month’s reading was revised to show a drop of 1.8 percent. On an annual basis, incoming orders in May were down 3.1 percent from the previous year. NORWAY <stron...
Source: taipeitimes.com