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Shares go under debut price on concerns of narrow revenue stream
SEOUL Shares in Big Hit Entertainment defied the pre-listing hype to dip on their first day of trade on Thursday, giving the management label of South Korean superstar K-pop group BTS a market valuation of 8.7 trillion won ($7.61 billion).
WASHINGTON: Media mogul Rupert Murdoch is on the cusp of his biggest win yet in his war against Google: a Justice Department antitrust lawsuit against the Internet giant.
SMALL businesses are among the hardest hit under the movement control order (MCO). With limited reserves, many were unprepared to face the sudden decree to stop operations for a period of over a month.
We have seen governments do what they can and think what they need to do to stop the economic carnage from economies wrecked by the Covid-19 outbreak.
SHANGHAI/SEOUL: Asia reported hundreds of new coronavirus cases on Wednesday, including the first U.S. soldier to be infected, as the United States warned of an inevitable pandemic, and outbreaks in Italy and Iran spread to more countries.
HONG KONG: Hong Kong’s economy is set to contract in the fourth quarter as the city reels from six months of violent social unrest, the financial chief said Sunday.