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IF THE United States is to regain its position in the global semiconductor industry, it may need help from bankers as much as engineers.
WASHINGTON: If Round One of the coronavirus relief effort was the economic equivalent of “shock and awe, ” new plans being developed by the world’s biggest economies for more assistance to businesses and consumers are taking a narrower and more tactical approach.
Saudi Arabia’s Aramco aims to complete closely watched IPO by late November, as uncertainty hangs over valuation
Farcical political situations and a depleting economy. If there’s a time to rally the troops to thwart the country’s follies, the upcoming National Day looks the opportune moment.
NEW YORK: In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a US$10bil offering next week. Early indications suggest investors are already crowding in.
HONG KONG: Billionaire Jack Ma’s Ant Financial is lifting its fundraising target to more than US$12bil by bringing in existing Chinese shareholders in a yuan-denominated financing round, people familiar with the matter said.