General Motors Posts 4.2% Drop in Q2 U.S. Sales as EV and Silverado Demand Soften
General Motors reported a 4.2% year-over-year decline in second-quarter U.S. sales, with the automaker pointing to weaker demand for its all-electric vehicles and the Chevrolet Silverado pickup truck as the key drags. The twin…
HONG KONG · By Mara Whitfield · 2 min read
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Prosperity Bancshares Completes Merger With Stellar Bancorp, Consolidating Texas Banking Footprint
Prosperity Bancshares, Inc. (NYSE: PB), the Houston-based parent of Prosperity Bank, completed its acquisition of Stellar Bancorp, Inc. on July 1, 2026, folding the rival Texas franchise into Prosperity's corporate structure as…
HONG KONG · July 1, 2026 · 2 min
Behrman Capital Closes ~$250 Million Continuation Vehicle for Shurco, Fund VII Co-Invests
New York-based private equity firm Behrman Capital has closed a continuation vehicle of approximately $250 million for portfolio company Shurco, with Behrman Capital Fund VII investing in the asset alongside the new vehicle. The…
HONG KONG · July 1, 2026 · 2 min
South Korea Moves to Prosecute Crypto Whale Over Alleged Cross-Border Pump-and-Dump
South Korea's authorities are pursuing prosecution of a cryptocurrency whale — a large-scale token holder — accused of orchestrating a cross-border pump-and-dump scheme. The suspect allegedly inflated a token's pri
HONG KONG · July 1, 2026 · 2 min
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