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KUALA LUMPUR (Bernama) -- BIMB Holdings Bhd will be issuing 222.22 million new shares, representing 12% of its issued share capital to raise RM795.6 million.
China ordered 34 Internet corporations Tuesday to rectify their anti-competitive practices within the next month, signalling that Beijing’s scrutiny of its most powerful firms hasn’t ended with the conclusion of a probe into Alibaba Group Holding Ltd.
Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases in many places.
LONDON (Reuters) -Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.
LONDON: Bitcoin hit a record of $62,575 on Tuesday, extending its 2021 rally to new heights.
SINGAPORE: Southeast Asia’s largest ride-hailing and food delivery firm Grab Holdings is set to announce as early as Tuesday a merger with U.S.-based Altimeter that will value Grab at nearly $40 billion and lead to a public listing, three people told Reuters.
COPENHAGEN (Reuters) - Denmark's state prosecutor said on Tuesday it had charged six people from the United States and Britain with defrauding Danish tax authorities of more than 1.1 billion crowns ($176 million) in a sham trading scheme.
Singapore-incorporated merchant commerce platform Pine Labs has acquired e-commerce and fintech firm Fave in a cash and equity deal valued at over US$45 million, for joint global expansion, the companies said on Tuesday.
Leshi, once hailed as ‘China’s Netflix’, and founder Jia Yueting hit with fines worth US$73.6 million in China for financial fraud
Leshi is fined 240.6 million yuan, and Jia is fined 241 million yuan for falsifying earnings, misreporting facts in IPO documentsFines come after Jia’s EV start-up FF, which has merged with a blank-cheque company, attempts to raise money in US