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Malaysia’s GDP likely contracted in third quarter
KUALA LUMPUR: Malaysia’s economy likely slipped back into contraction in the third quarter as coronavirus-induced restrictions brought economic activity to a near-standstill, a Reuters poll found.
Robinhood seeks up to US$35bil valuation in mega US IPO
NEW YORK: Robinhood Markets Inc is targeting a valuation of up to US$35bil (RM147.9bil) in its initial public offering (IPO) in the United States, the company revealed in a filing, setting the stage for one of the most highly anticipated stock market listings this year.
Robinhood seeks up to $35 bln valuation in mega U.S. IPO
NEW YORK: Robinhood Markets Inc is targeting a valuation of up to US$35 billion in its initial public offering in the United States, the company revealed in a Monday filing, setting the stage for one of the most highly anticipated stock market listings this year.
Robinhood seeks up to $35 billion valuation in mega U.S. IPO
(Reuters) -Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a Monday filing, setting the stage for one of the most highly anticipated stock market listings this year.
Robinhood reveals financial, legal bruises in IPO filing
NEW YORK: Robinhood Markets Inc on Thursday set the stage for its hotly anticipated stock market launch, after settling legal fines it said were unlikely to be its last and revealing a massive surge in growth in its initial public offering filing.
Bumble employees awarded week of vacation to de-stress
Bumble Inc, the dating and relationship app where women have to make the first move, temporarily closed its offices this week, giving its about 700 employees a “much needed break” to recover from Covid burnout.
Robinhood, at the heart of retail trading frenzy, files for own IPO
Robinhood Markets Inc, the online brokerage at the center of the historic retail trading frenzy that gripped Wall Street this year, has confidentially submitted plans to regulators for a U.S. initial public offering, the company disclosed on Tuesday.
Death penalty may not prove a deterrent for rape in South Asia
IT is not a coincidence that most nations in South Asia are, amid the coronavirus-induced restrictions, seeing a sharp increase in incidents of rape.
Weak state revenue reflects ‘fragile’ economic recovery for Indonesia
JAKARTA (The Jakarta Post/ANN): Indonesia’s economic recovery is “fragile” as state revenue weakened in July after an improvement recorded in the previous month, Finance Minister Sri Mulyani Indrawati said on Tuesday (Aug 25), warning that the country may enter recession in the third quarter.
Indonesia faces struggle to avoid recession, government says
JAKARTA: Indonesia’s economic recovery was “very fragile” and could reverse as shown by tax revenue data in July, the country’s finance minister said yesterday, warning that the economy faced a struggle to avoid a recession.