Business

China Minsheng, Wintime Energy Said To Have Missed Bond Payments

Two large Chinese borrowers missed payment deadlines this month, underscoring the risks piling up in a credit market th... Read more

Citi Downplays Indosat Merger After Rumor Doubled Share Price

The stock has doubled in a month on deal speculation. Citigroup Inc. says a merger would make no sense for Indonesia’... Read more

Indian Multiplex Operator PVR Looks To Raise Up To $100m Through QIP

PVR Ltd has held conversations with various investors in recent weeks as India’s largest multiplex operator looks to ... Read more

Chinas Hebei Province To Offer Financial Incentives To Firms Seeking IPOs

China’s northern Hebei province will offer financial incentives to companies seeking to raise capital in equity mar... Read more

S Koreas PE-owned Hypermarket Chain Homeplus Files For Up To $1.5b REIT Offering

Private equity-controlled South Korean hypermarket chain Homeplus Co Ltd has filed for a domestic initial public offe... Read more

Australian Property Classifieds Site REA Warns Of Slowdown, Sector Shares Drop

Australian real estate classifieds firm REA Group Ltd on Friday reported plunging listings, slowing revenue growth and ... Read more

India: Chalet Hotels Shares Jump 4% On Stock Market Debut

Shares of Chalet Hotels Ltd opened 4% premium on the bourses on Thursday, after its ₹1641 crore initial public offer ... Read more

SoftBank Unveils $5.5b Stock Buyback, Profit In Q3 Surges 60%

Japan’s SoftBank Group Corp announced a $5.5 billion share buyback on Wednesday as it reported a 60 percent rise in... Read more

Alibaba Challenger Pinduoduo To Raise Up To $1.5b In Secondary Offering

China’s upstart e-commerce company Pinduoduo Inc. and its shareholders filed to sell more than 50 million shares in a... Read more

Enterprise Messaging Platform Slack Makes Confidential Filing To Go Public

Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to... Read more

Chinas Shandong Ruyi Plans IPO For $2b Lycra Unit

Acquisitive Chinese luxury apparel firm Shandong Ruyi Group is planning an initial public offering for The Lycra Co., m... Read more

Tencent-backed Maoyan Entertainment Makes Tepid Hong Kong Debut

Tencent-backed Maoyan Entertainment, China’s biggest movie-ticketing platform by sales, fell 2.7 percent in its Hong ... Read more

AB InBev Said To Pick JPMorgan, Morgan Stanley For Asia IPO

Anheuser-Busch InBev NV has selected JPMorgan Chase & Co. and Morgan Stanley for a possible initial public offering... Read more

Chinas Starbucks Challenger Luckin Coffee Said To Eye US IPO

Luckin Coffee, the ambitious Chinese startup rolling out thousands of stores to take on Starbucks Corp., is beginning p... Read more

Waste Management Firm Reclaims Global Seeks SGX-Catalist Listing

Reclaims Global Limited (RGL), which specialises in recycling construction and demolition waste, has filed a prelimina... Read more