Business

SoftBank Sees $8.4b Net Loss On WeWork Writedown

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portio... Read more

GlaxoSmithKline Said To Eye Sale Of $3.9b Stake In Indias HUL

GlaxoSmithKline Plc (GSK) will soon begin selling its stake in Hindustan Unilever Ltd (HUL) estimated to be worth almos... Read more

Indian Banks To Raise Up To $4.6b Via Share Sale To Counter Virus Shocks

Commercial banks such as IDFC First Bank, RBL Bank, Kotak Mahindra Bank, Bank of Baroda, Yes Bank and IndusInd Bank pla... Read more

Chinas JD.com Said To File For $2b Hong Kong Second Listing

JD.com Inc., the Chinese e-commerce site, has filed confidentially for a second listing in Hong Kong, according to peop... Read more

Sequoia-backed Biomedicine Firm New Industries Eyes $183m In ChiNext IPO

Sequoia-backed in-vitro diagnosis focused biomedicine company Shenzhen New Industries Biomedical Engineering Co., Ltd (... Read more

China Kicks Off IPO Reform For Shenzhens Startup Board ChiNext

China on Monday kicked off a reform to fast track initial public offerings (IPOs) on Shenzhen’s start-up board ChiNex... Read more

Ailing Hospital Operator NMC Health To Delist From LSE

Troubled hospital operator NMC Health on Monday said it requested London Stock Exchange to delist its shares after they... Read more

Chinas Ebang Files For US IPO After Failed Attempts In Hong Kong

Ebang International Holdings, a China-based manufacturer of bitcoin mining machines, has filed for an initial public of... Read more

Top Thai Medical Gloves Maker Files IPO As Pandemic Spurs Demand

Sri Trang Gloves Thailand, the country’s biggest producer of medical gloves, has filed for an initial public offering... Read more

Imagination Techs Chinese Owner Plans To Re-list Chip Designer

Canyon Bridge, the China-backed owner of Imagination Technologies, plans to re-list the UK-based chip designer in Londo... Read more

Chinese Lactic Acid Products Maker Jindan Floats $90m IPO On ChiNext

Henan Jindan Lactic Acid Technology, a Chinese producer of lactic acid products, has garnered 638 million yuan ($90 mil... Read more

Three Private Sector Lenders Pare Stake In Indias Yes Bank

After mounting an effort to rescue Yes Bank last month, three private sector lenders have already sold part of their s... Read more

Copper Manufacturer Jintian Lists At Premium On Shanghai Board

Sinowisdom-backed copper manufacturer Ningbo Jintian Copper (Group) Co., Ltd on Wednesday listed at a premium on the bo... Read more

Social Capital Defies IPO Lull With $720m Blank-check Deal

Virgin Galactic Holdings Inc Chairman Chamath Palihapitiya is looking to raise $720 million on Tuesday for a new blank-... Read more

Activist Investor ValueAct Builds Over $1.1b Stake In Nintendo

Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo, according to a let... Read more