Category Archives:
Grab’s Nasdaq debut to set tone for Southeast Asian tech listings
By Anshuman Daga and Aradhana Aravindan SINGAPORE (Reuters) -Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger with a ...
Dec 01, 2021
Timeline: Southeast Asia’s Grab takes a ride to $40 billion SPAC listing
SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery platform Grab Holdings lists on Nasdaq via the world's largest special purpose acquisition company (SPAC) deal worth $40 billion. H...
Dec 01, 2021
Australian watchdog sues supermarket chain Coles over staff underpayments
(Reuters) - Coles Group, Australia's second-biggest grocery chain, is being sued by the country's industrial relations watchdog for underpaying staff over three years, the parties said in separate ann...
Dec 01, 2021
KKR taps Temasek exec to head Asia-Pacific equity investment strategy
(Reuters) - KKR & Co Inc on Thursday appointed Mukul Chawla, a managing director at Singapore state investor Temasek, to lead the U.S. private equity firm's investment strategy into emerging, high-gro...
Dec 01, 2021
Canada Goose under fresh fire in China over no-return policies
BEIJING (Reuters) - China's top consumer protection organisation has warned Canada Goose Holdings Inc against "bullying" customers in China with its return policies, just three months after the winter...
Dec 01, 2021
Weibo’s Hong Kong listing to raise $385 million -sources
By Scott Murdoch HONG KONG (Reuters) -Chinese social media firm Weibo Corp plans to price its shares at HK$272.8 ($35.01) each to raise $385 million in its Hong Kong secondary listing, said three sour...
Dec 01, 2021
China’s Kaisa struggles for relief from bond holders as default risk looms
By Scott Murdoch and Samuel Shen HONG KONG (Reuters) - Chinese developer Kaisa Group Holdings Ltd is unlikely to win bondholders' approval to extend the maturity of a $400 million bond due next week, ...
Dec 01, 2021
China property market to keep cooling into H1 2022 on tight curbs: Reuters poll
By Liangping Gao BEIJING(Reuters) - China's property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property ta...
Dec 01, 2021
Razer’s top execs offer to take firm private, valuing it at $3.2 billion
(Reuters) - Razer Inc said on Thursday that a group led by its top executives proposed to take the gaming hardware maker private in a deal that values the Hong Kong-listed company at HK$24.70 billion ...
Dec 01, 2021
U.S. VP Harris’ chief spokesperson Sanders to leave her office – Axios
(Reuters) - Symone Sanders, senior adviser and chief spokesperson to U.S. Vice President Kamala Harris, is leaving the VP's office by the end of this year, Axios reported on Wednesday, citing White Ho...
Dec 01, 2021
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