mm2 Asia to pursue Kingsmead transaction and cinema IPO options in parallel
SINGAPORE (THE BUSINESS TIMES) - The proposed sale process of mm2 Asia's cinema business will run in parallel with its...
Business
Singapore’s fintech industry sees 3-year record of 72 deals worth $833m in H1
SINGAPORE (THE BUSINESS TIMES) - Singapore's financial technology (fintech) industry saw a three-year high in deals transacted in the first...
Temasek-backed UpGrad scores US$185m to join India’s unicorns
BENGALURU (BLOOMBERG) - UpGrad has raised US$185 million (S$251 million) from Temasek and other investors over a span of a...
United States Federal Reserve officials say tapering is near, advancing discussion on rate hike
NEW YORK (REUTERS) - Two Federal Reserve officials said on Monday that the United States economy is growing rapidly and...
Asian airlines offer perks to keep grounded elite flyers on board
SYDNEY (REUTERS) - From wellness workshops to dinner with a celebrity chef and flights to nowhere, Asia's big international airlines...
Australia business activity, confidence hit hard by lockdowns: Survey
SYDNEY (REUTERS) - A measure of Australian business conditions worsened sharply for a second month in July as coronavirus lockdowns...
Samsung’s de facto leader, imprisoned for bribery, will be paroled
SEOUL (NYTIMES) - Lee Jae-yong, the de facto leader of the sprawling Samsung conglomerate who was imprisoned for bribery, will...
China Evergrande in sale talks over EV, property, Shenzhen projects: Sources
HONG KONG (REUTERS) - Chinese property developer Evergrande Group is in talks with state-owned and private companies to sell stakes...
Owndays ramps up hiring, office space as it grows Singapore footprint
SINGAPORE - Eyewear chain Owndays has set its sights on further growth with plans to ramp up its headcount in...
China’s July factory price growth quickens, adds to business cost pressures
BEIJING (REUTERS) – China’s factory gate prices in July rose at a faster clip from the previous month and exceeded...