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Unprecedented collapse in air travel cripples industries
HONG KONG: Ant Group Co Ltd has received approval from China’s securities regulator for the Hong Kong leg of its US$35bil dual listing.
Will low-cost, long-haul airline AirAsia X be able to rise from the depths of its debt despair, or will the pandemic kick the last nail in?
There seems to be a trend for companies to go into the money-lending business.
LONDON: Does a cancelled gym membership spell financial disaster?
KUALA LUMPUR/HONG KONG: Malaysian home improvement retailer MR DIY Group opened the books for its 1.5 billion ringgit ($361.71 million) initial public offering (IPO) on Tuesday, the country's largest listing in three years.
HOMEGROWN parcel delivery giant GD Express Carrier Bhd’s (GDex) is embarking on re-transformation to rejuvenate its systems and processes to scale to new heights.
NEW YORK: Wall Street closed higher at the end of a whipsaw session on Thursday as investors juggled hopeful and pessimistic news on the progress of stimulus talks Washington amid signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month
WALL Street rallied to close sharply higher on Monday as investors sought bargains among sectors hardest-hit by the coronavirus recession, now limping toward its ninth month.
NEW YORK: Global equity markets surged and the dollar fell from two-month highs on Monday as investors moved into beaten-down sectors such as banks and travel on the heels of last week's sharp sell-off.