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BEIJING: Beijing-based education technology startup Yuanfudao said on Thursday that it has secured $2.2 billion from major Chinese and international investors in two recent rounds of financing that it said lifts the company's valuation to $15.5 billion.
OSLO: Norway's Telenor raised its full-year earnings guidance after beating third-quarter expectations on Wednesday as cost cuts offset lower subscriber and roaming revenue.
Newly-listed cable and wire manufacturer to enter the automobile and elevator business
COPENHAGEN: The world's biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and lifted its earnings outlook, while also announcing plans to cut 2,000 jobs as it streamlines to cut costs.
KUALA LUMPUR: The Lavile Kuala Lumpur freehold mixed-use development in Maluri, Cheras has seen a 95% take-up rate for the first three residential towers, since the project’s launch in late 2016.
KUALA LUMPUR: Malayan Banking Bhd is eyeing to secure up to 12 million applications for its newly-launched app, MAE by Maybank2u within a one-year period, said its group president and chief executive officer, Datuk Abdul Farid Alias.
After pandemic, sun sets on the days of dividends
KUALA LUMPUR: Kenanga Investment Bank Research has raised its earnings projection on Scientex Bhd on the back of core earnings that beat expectations in FY20.
KUALA LUMPUR: Bursa Malaysia managed to extricate itself from the red in early Friday trade, aided by gains in Top Glove and Hartalega, as investors’ sentiment steadied despite the overnight fall on Wall Street.