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Grab Holdings Inc and Traveloka are poised to become public companies in coming months, kickstarting a coming-out party for South-East Asia’s long-overlooked internet scene.
ONE of the biggest phenomena we have observed not only in Malaysia but perhaps the world over is the level of participation by retail investors in the market during the Covid-19 pandemic and very well into the current recovery phase.
HONG KONG (AFP): Most Asian markets retreated Friday (April 9) as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has analysts predicting the global equities rally still has legs.
KUALA LUMPUR: Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars.
MANILA: A rout that’s made the Philippine benchmark equity gauge the worst performer in the Asia-Pacific region risks worsening in the wake of fresh virus curbs.
Valuation of the Chinese start-up has been boosted by rival Kuaishou’s recent IPO in Hong KongByteDance is said to be mulling an offshore listing for TikTok’s Chinese sibling app
NEW YORK: A string of surprisingly robust economic data boosted investor risk appetite on Monday, which sent the S&P 500 and the Dow to all-time closing highs and boosted cryptocurrency market cap over the US$2 trillion hurdle.
TOKYO: Hedge funds are the most bearish on the yen in more than two years as expectations for the world’s post-pandemic recovery mount.