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Ant, Grab's venture and Sea to usher in Singapore digital banking
SINGAPORE, Dec 4 (Reuters) - Southeast Asian ride-hailing firm Grab's venture with Singtel and internet platform company Sea Ltd have each won licences to run Singapore's first digital banks, in the city-state's biggest banking shakeup in two decades.
SoftBank mulls ‘slow-burn’ buyout to go private
TOKYO: SoftBank Group Corp is debating a new strategy to go private by gradually buying back outstanding shares until founder Masayoshi Son has a big enough stake he can squeeze out the remaining investors, according to sources.
MAHB upbeat on recovery with new flights, ops resumption
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) remains confident on the gradual recovery of the passenger traffic at its airports with another airline starting operations along with the resumption of flights by other airlines.
MAHB upbeat on recovery with ops resumption
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) remains confident on the gradual recovery of the passenger traffic at its airports with another airline starting operations along with the resumption of flights by other airlines.
Thiel-backed Bridgetown SPAC weighs US$10bil Tokopedia deal
HONG KONG: Bridgetown Holdings Ltd, the blank-check company backed by billionaires Richard Li and Peter Thiel, is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to sources.
Indonesia e-commerce giant Tokopedia aims for US$1bil dual US, domestic IPO - sources
SINGAPORE (Reuters) - Indonesia's Tokopedia is lining up an initial public offering (IPO) worth at least US$1 billion next year, two people with knowledge of the matter said, in what could be the biggest overseas listing by a Southeast Asian start-up.
Investors take profit ahead of Christmas holiday
KUALA LUMPUR:The FBM KLCI remained in the red at midday as investors opted to take profit on the eve of Christmas following yesterday's strong rebound.
Alibaba under probe, Ant Group to talk to financial watchdogs
BEIJING: Acting on information, China’s state administration for market regulation has started investigation on Alibaba Group for alleged monopoly conduct including implementing an “exclusive dealing agreement.”
China pushes Ant Group overhaul in latest crackdown on Ma
BEIJING: China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma.
China's blue-chip, start-up indexes hit over five-year high on growth hopes
SHANGHAI: China's blue-chip index and start-up board ChiNext both hit their highest in more than five years on Wednesday, as Asian stocks hit a record on hopes of a strong economic recovery next year.
