Total deal value in the Asia Pacific region soared 183% in 2023, according to a report by Bain & Company. However, overall deal value in the region dropped to its lowest since 2014 due to a fundraising slowdown. Exits also fell by 26% to $101 billion, with 40% of them being through IPOs. The low cost of the China-built BYD Seagull, priced at just 69,800 yuan, has raised concerns about Chinese rivals disrupting the global automotive industry by undercutting prices.
Senate leaders managed to pass the budget deal in a 74-24 vote, avoiding a shutdown
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Source: CNBC - 🏆 12. / 72 Read more »