Five Things You Need to Know to Start Your Day: Asia
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BHP Group has approached Anglo American about a potential takeover offer. Anglo American received an unsolicited all-share merger proposal from BHP. Anglo's board is reviewing the proposal. If successful, it would mark a return to large-scale dealmaking for BHP. Tech shares decline as Meta disappoints. The weakening yen adds to intervention risk. The US aims to beat China at chip research.
https://www.bloomberg.com/news/newsletters/2024-04-24/five-things-you-need-to-know-to-start-your-day-asia