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New Thai government to pursue ‘policies’ championed by junta

Bloomberg Thailand’s new government said it plans to pursue a number of economic policies championed by the previous military administration as officials strive to revive growth. Initiatives such as the $55 billion Eastern Economic Corridor project, which seeks to add infrastructure and spur high-technology industries, are among the priorities laid out in a policy statement published in Bangkok. “Thailand has ...

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Toyota Motor partners with BYD to develop electric vehicles in China

Bloomberg Toyota Motor and BYD agreed to jointly develop electric vehicles in China, the latest in a series of deals between a major global automaker and Chinese manufacturer. The two companies will work together on electric sedans and sports-utility vehicles with the goal of introducing them during 2020 to 2025, they said in a statement. The partnership also includes the ...

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Singapore’s GIC, CVC among firms eyeing Euroclear stake

Bloomberg Buyout firm CVC Capital Partners and Singapore’s sovereign wealth fund GIC Pte are among firms considering bids for a stake in the $6.4 billion European settlements giant Euroclear, according to people familiar with the matter. The Brussels-based company, which counts London Stock Exchange (LSE) Group Plc as a shareholder, is planning to decide in the coming days whether to ...

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