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WASHINGTON: The U.S. gun lobby is taking aim at "gun-hating" banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists.
SINGAPORE: Vingroup JSC, Vietnam’s biggest developer, is targeting an initial equity offering of as much as US$2bil for its luxury residential arm, people with knowledge of the matter said.
SHANGHAI: Chinese courier company SF Holding Co says it’s won a licence to operate drones, opening up a new potential frontier for package delivery in the world’s second-largest economy.
MUMBAI: A consortium led by TPG is nearing an agreement to gain control of Fortis Healthcare Ltd, India’s second largest private hospital chain by market value, people with knowledge of the matter said.
Governance matters - By Shireen Muhiudeen REGULATORS are having to change their way of looking at breaches as the world of the net has changed how information is transmitted. You also wonder if the creators of these new tech systems ever envisaged that their work would be part of criminal activity.
HONG KONG: GXG, the Chinese men’s fashion retailer controlled by L Catterton Asia, is planning a Hong Kong initial public offering that could raise about US$300mil, according to people with knowledge of the matter.
TOKYO: Japanese cryptocurrency exchange Coincheck Inc., which lost about US$500mil to hackers last month, has begun letting some users to make withdrawals in yen.
Freedom from complications has some adult companies cheering the swell of digital currencies, including Bitcoin and Ethereum, and the rise of digital-payment tokens, which could help them skirt skeptical intermediaries and allow customers to make direct payments.