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Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slumpThe cuts are one the largest to its China-focused investment banking team and follow similar measures by other banks also stung by decline ...
'Hollywood Con Queen' Docuseries: This is what we know so far about release date, storyline and moreApple's documentary series, "Hollywood Con Queen," exposes a notorious scam that preyed on Hollywood insiders like Kathleen Kennedy and Amy...
Bain Capital raises $429 million with Axis Bank stake sale, source saysBain Capital has sold its Axis Bank stake at 1,071 rupees ($12.87) per share to raise $429 million, according to a source with direct knowl...
Asian IPO market seen brighter in 2024 but elections cast shadowsHigh interest rates, sticky inflation and geopolitical tensions have seen share sales by Asia Pacific (including Japanese) companies sink b...
China's Country Garden offshore debt default loomsThe repayments had not been made by early Wednesday, Reuters reported. The company last week warned of its inability to meet offshore debt ...
Tokyo equity offerings surge as Japan Inc begins to shift towards capital efficiencyProceeds from initial public offerings and secondary share and convertible bond issues soared 343% to $23.7 billion in the first nine month...
Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 millionThree cornerstone investors, headed by New China Capital Management, have subscribed for about $96.8 million worth of stock, which equates ...
Asia stock markets weaken ahead of US inflation dataThe US Consumer Price Index (CPI) for August is due out on Wednesday. Inflation is expected to rise 0.6% month-on-month for August, which w...
Asian markets softer as investors look to key inflation readingsThe yield on benchmark 10-year Treasury notes rose to 4.0885% compared with its U.S. close of 4.078% on Monday. The two-year yield, which r...
Jeff Bezos & Lauren Sanchez throw another engagement party on yacht in Italy; Bill Gates with girlfriend Paula Hurd, Bumble CEO Whitney Wolfe Herd, Kris Jenner attendJeff Bezos and Lauren Sanchez hosted a celebrity-filled engagement party on Bezos's $500 million super yacht in Italy. Kris Jenner, Whitney...
Asian shares mostly weaker as markets mull Fed rate riseThe yield on benchmark 10-year Treasury notes rose to 3.8924%, compared with its U.S. close of 3.912% on Tuesday. The two-year yield, which...
China IPO applications fall by third in first half of 2023The number of Chinese initial public offering (IPO) applications has fallen by a third in H1 2023 compared to a year earlier, as a slowing ...
MSCI says four Adani stocks accounted for 0.27% of EM index as of Feb 8MSCI reasssessed the size of companies' free floats, having determined there was "sufficient uncertainty" surrounding some investors in Ada...
PUBG parent Krafton to launch $5 billion plus IPO next week: ReportAt $5 billion-plus, Krafton would become the biggest IPO in South Korea since the 4.9 trillion won ($4.4 billion) float of Samsung Life Ins...
PUBG owner Krafton applies for IPO, seen worth billions of dollarsThe Krafton IPO is expected to be one of the biggest Korean listings this year, Seoul-based analysts say, with over-the-counter trades on T...
Flipkart weighs US listing via SPAC merger but IPO much more likelyA traditional Flipkart IPO is much more likely, even as a growing number of Indian tech startups are considering the SPAC route to public m...
Facebook may have to turn a pageHit by regulatory battles and global mistrust, co must make some choices this year
Australia and Facebook in talks over sweeping news banAustralians could no longer post links to news articles or view the Facebook pages of Australian outlets, which are also barred from sharin...
- ISB not knowtowing before regulator
Top B-School snubs regulator, lobbying for accreditation from US panel.
- Net's the engine powering the new M&A rush
News Corp’s Rupert Murdoch has a $5-billion crush on the owner of The Wall Street Journal, Thomson is eyeing Reuters and Microsoft apparent...