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CREDIT Suisse Group AG agreed to pay almost $475 million to resolve multiple investigations into its role in a fundraising scandal that saw hundreds of millions looted from Mozambique and tipped the country into economic crisis.
(Reuters) -Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.
NEW YORK: Six straight times, earnings season provided the definitive antidote to the stock market’s ills. That perfect record is about to get its biggest test yet at a time when uncertainty is swirling among equity investors.
THE email lit up inboxes at six of the world’s biggest banks. A wealthy businessman by the name of Cevdet Caner, the anonymous sender wrote, seemed to be headed for trouble.
BENGALURU: Valuations of Asian equities hit a 16-month low at the end of September, as concerns over an economic slowdown in China and growing expectations of monetary policy tightening by major central banks dragged down equity markets.
KUALA LUMPUR: Credit Suisse expects CTOS Digital Bhd (CTOS) to maintain its market dominance as it has an extensive database that is difficult to replicate, strong brand and loyal following strict regulatory requirements, and deeper pockets to build capability.
SAN FRANCISCO: GlobalFoundries Inc filed for an initial public offering, looking to benefit from investors pouring money into semiconductor makers during a pandemic-induced chip shortage.
TDCX is only the second Singapore firm to list in the US following Sea Limited’s US$884 million IPO in 2017Company will begin trading on the New York Stock Exchange on Friday
(Reuters) - Apple Inc's customers will have to wait for a few more weeks to lay their hands on the new iPhone 13 as supply chain delays and strong demand lead to one of the longest waiting times for the phone in recent years, analysts said.