Business

SGX Teams Up With FTSE Russell To Launch New Multi-asset Derivatives Products

Singapore Exchange Ltd (SGX) has expanded its partnership with global index provider FTSE Russell, under which both par... Read more

Creador-backed Malaysian Credit Reporting Agency CTOS To Start IPO Process In Sept

Malaysia credit reporting agency CTOS Holdings, which plans to raise as much as $150 million in an initial public offer... Read more

Fate Of Jack Mas Stake In Chinas Ant Group Hangs Over Mega IPO Plan

The pending stock sale by China’s Ant Group is shaping up to be one of the largest initial public offerings ever, tho... Read more

Apple Becomes First US Firm To Reach $2t Market Cap

Just two years after Apple became the first publicly listed U.S. company with a $1 trillion stock market value, the iPh... Read more

Airbnb Files Confidentially For IPO As Short-term Rental Market Rebounds

Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with... Read more

US Hedge Fund Third Point Sells ADRs Of Sony Corp

U.S. hedge fund Third Point LLC, which had been pressing Sony Corp to make changes including spinning-off of its chi... Read more

Singapores Temasek Says Its Stake In Alibaba Remains Intact

Singapore state investor Temasek Holdings Pte has clarified that it has not sold 50 per cent of its stake in Alibaba Gr... Read more

Sea Ltds Adjusted Revenue Up 93.4%, Net Losses Widen In Q2

New York-listed consumer internet company Sea Ltd reported a 93.4 per cent rise in its total adjusted revenue for the s... Read more

Indias Yes Bank Trims Stake In CG Power After KKR And L&T Finance

Private sector lender Yes Bank Ltd on Tuesday, offloaded 5.18 crore shares or 8.27% equity stake in CG Power & In... Read more

Chinas Arctech Solar Targets To Raise $206m In STAR Market IPO

Chinese solar tracking and racking systems developer Arctech Solar Holding Co., Ltd is targeting to raise 1.43 billion ... Read more

Chinese Genetics Major BGI Mulls $1b Shanghai IPO For Equipment Unit

BGI Group, the world’s biggest DNA-sequencing company, is considering an initial public offering of its equipment uni... Read more

Singapore Exchange Looks Beyond Listings To Counter Hong Kong Threat

In the space of a few weeks, Loh Boon Chye, chief executive of the Singapore Exchange, has seen dramatic evidence of th... Read more

Chinese Biotech Firm JW Therapeutics Files For Hong Kong IPO

Chinese biotechnology company JW Therapeutics is planning an initial public offering (IPO) in Hong Kong, joining a rush... Read more

Chinas JD.com Posts Upbeat Results As Online Orders Surge

China’s JD.com Inc beat analysts’ estimates for quarterly sales on Monday, as the firm benefited from a shift in s... Read more

Ant Group Makes Pre-listing Filing In China For Blockbuster IPO

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with Chin... Read more