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SHANGHAI: China International Capital Corp Ltd (CICC), the country's oldest investment bank, will kick off its Shanghai public share sale on Wednesday, seeking to raise an estimated $1 billion for expansion.
Apple Inc has been in the spotlight lately, between antitrust scrutiny of its mobile operating system and the legal battle it’s waging with Fortnite-maker Epic Games Inc over its App Store. Those developments pale, however, in comparison to the company’s main event tomorrow: the unveiling of its latest iPhones.
BEIJING: China has released details of a development plan for the new-energy vehicle industry as it seeks to shore up the world’s largest car market and revitalise an economy hard hit by the coronavirus pandemic.
WASHINGTON: Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial public offering for China's Ant Group, the fintech arm of Chinese e-commerce firm Alibaba.
TOKYO: A radical rethink of work culture that threatens to push Tokyo office vacancy rates to new heights has the largest Japanese shared workspace provider preparing for opportunity.
TOKYO: Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to US$3.7bil despite having yet to show a profit, but he’s not letting that pressure him.
SINGAPORE: The Philippines’ Converge ICT Solutions Inc is targeting the country’s biggest initial public offering (IPO) after setting price terms to raise as much as US$680mil, sources said, amid a boom in demand for fibre broadband during the pandemic.
DURING the pandemic-driven market downturn this year, ESG (environmental, social and governance) funds and indices have outperformed traditional funds and indices, highlighting the opportunities and strengths of sustainable investing.
India’s telecom price war is back, and this time the battle is being fought with freebies.