Entertainment
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new (initial public offering) IPO launches in almost two years with deals opened to raise up to US$1.3 billion, giving bankers...
China’s CATL sees faster profit growth in Q3
CHINESE electric vehicle battery giant CATL reported a 26 per cent year-on-year rise in third-quarter profit, a stock filing showed on Friday (Oct 18), accelerating from the previous quarter...
From Bitcoin to Mexican peso, ‘Trump trades’ are appearing again
CORNERS of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the US presidential race tightens with less than three weeks until...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
US: Nasdaq, S&P 500 open higher on tech boost
The S&P 500 and the Nasdaq opened higher on Friday (Oct 18), lifted by advances in technology shares, while the Dow Jones Industrial Average edged lower.The Dow Jones Industrial...
Sinopharm’s China TCM buyout bid lapses without regulatory nods
CHINA National Pharmaceutical Group’s latest attempt to take China Traditional Chinese Medicine (TCM) Holdings private has fallen through as it was unable to secure necessary regulatory approval from Chinese...
US dollar falls as risk appetite rises after China; but set for 3rd weekly gain
THE US dollar fell on Friday (Oct 18), taking a breather after five straight days of gains, as risk appetite increased following yet another round of stimulus measures from...
Is PropertyGuru’s delisting good for South-east Asia’s tech scene?
PropertyGuru’s stint as a listed company might soon be coming to an end.
Last week, Swedish private equity (PE) firm EQT offered to acquire the South-east Asian property listings portal...
Competitors PayPal, Adyen publicly collaborate for first time
ADYEN will offer PayPal Holdings’ guest-checkout product, the first time the two competing payments firms have publicly announced such a partnership.
Adyen will offer PayPal’s FastLane experience to its merchant...