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(Reuters) - Advertising technology firm Simplifi Holdings was ready to go public last month at a valuation of close to $2 billion when some investors balked.
HONG KONG: The veteran JPMorgan Chase & Co banker who’s taking the helm at Hong Kong’s exchange has been put on clean-up duty.
SINGAPORE: Cryptocurrencies fought to find a footing on Monday after even weekend cheerleading from Tesla boss Elon Musk seemed unable offset selling pressure from spooked investors or nerves stemming from a gathering crackdown on the asset class in China.
Fixed income vital, equities still provide opportunities
SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit.
The Hang Seng Tech Index sank as much as 4.5%, extending its tumble from a February high to about 30%.
NEW YORK: Investors have received some reassurance that the Federal Reserve will not imminently reduce its support of the US economic recovery, but they expect the Fed to provide more concrete clues on a tapering of bond purchases in the months ahead.
CHOCOLATE lava cake was immensely popular in the US in the late 1980s and throughout the 1990s, when chef Jean-Georges Vongerichten claimed that he accidentally underbaked chocolate sponge cake.
(Reuters) - Cash may be king, but stock is queen in the land of technology mergers and acquisitions during a pandemic-fueled tech boom.