Great Eastern, Generali become potential bidders for Axa-AffinInternational FinanceFebruary 19, 2020March 18, 2020 by International FinanceFebruary 19, 2020March 18, 2020 The first round of bidding is expected to be wrapped up by the end of next month... Read more
DP World to delist from Nasdaq Dubai to focus on long-term strategyInternational FinanceFebruary 18, 2020March 18, 2020 by International FinanceFebruary 18, 2020March 18, 2020 Parent company Port and Free Zone World will acquire DP World’s 19.55 percent shares traded on the exchange... Read more
Japan’s GDP contracts first time in six years due to sales tax hikeInternational FinanceFebruary 18, 2020March 18, 2020 by International FinanceFebruary 18, 2020March 18, 2020 Japan’s GDP contracted an annualised 6.3 percent during the period from October to December 2019... Read more
World’s top aircraft buyers persuade EU to approve Boeing-Embraer dealInternational FinanceFebruary 17, 2020March 18, 2020 by International FinanceFebruary 17, 2020March 18, 2020 Aircraft buyers are concerned that Embraer’s business might struggle on the back of Airbus’ recent strategic acquisitions... Read more
SoftBank targets Latin America with additional $1 billion fundInternational FinanceFebruary 17, 2020March 18, 2020 by International FinanceFebruary 17, 2020March 18, 2020 SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region... Read more
Binance applies for operating licence in Singapore under new legislationInternational FinanceFebruary 17, 2020March 18, 2020 by International FinanceFebruary 17, 2020March 18, 2020 The crypto operator has an office set up in Singapore and is backed by Temasek... Read more
CGS-CIMB launches online stock trading platform for retail investorsPritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The online trading platform, called iTrade, is also designed to attract students in Indonesia... Read more
Dubai Islamic Bank to increase foreign ownership limit from 25% to 40%Pritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes... Read more
Vietnam ranks ahead of Singapore in 2020 tech startup fundingPritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 Total investment in Vietnamese tech startups reached $741 mn, compared to Singapore’s $693 mn... Read more
DP World to acquire 51% in Ukraine’s TIS Container TerminalInternational FinanceFebruary 15, 2020March 18, 2020 by International FinanceFebruary 15, 2020March 18, 2020 The acquisition is in line with DP World’s plan to develop robust logistics for transporting cargo from one point to another... Read more