FeaturedMarketsTech stocks continue to bleed amid massive sell-offIFM CorrespondentMay 12, 2022May 12, 2022 by IFM CorrespondentMay 12, 2022May 12, 2022 Nasdaq lost more than a quarter of its value since the beginning of 2022.... Read more
FeaturedMarketsBitcoin value drops by 50%, lowest in a yearIFM CorrespondentMay 10, 2022 by IFM CorrespondentMay 10, 2022 The fall of the world's largest cryptocurrency by market capitalization coincides with a global stock market sell-off.... Read more
FeaturedMarketsDow plunges over 1,000 points amid fears over higher interest ratesIFM CorrespondentMay 6, 2022 by IFM CorrespondentMay 6, 2022 The Dow dropped 1,120 points and the S&P 500 fell 3.7%.... Read more
FeaturedMarketsChinese markets are losing out on foreign investorsIFM CorrespondentMay 6, 2022 by IFM CorrespondentMay 6, 2022 Due to the pandemic, China, as well as Hong Kong, have become the worst-performing stock market in Asia.... Read more
FeaturedMarketsReal EstatePhilippine’s richest man wants to raise $176 million through REIT IPOIFM CorrespondentApril 1, 2022April 1, 2022 by IFM CorrespondentApril 1, 2022April 1, 2022 The company will sell up to 3.66 billion stock shares with a price cap of 2.50 pesos each.... Read more
FeaturedMarketsChina remains attractive for foreign investors: State mediaIFM CorrespondentMarch 21, 2022March 21, 2022 by IFM CorrespondentMarch 21, 2022March 21, 2022 Goldman Sachs had recently downrated the Chinese sovereign bonds to the neutral status from bullish.... Read more
FeaturedMarketsCoca-cola eyes $8.1 bn valuations as its African arm set for IPOIFM CorrespondentMarch 14, 2022 by IFM CorrespondentMarch 14, 2022 CCBA contributes to 40% of all Coco-Cola products sold in the continent and operates in 14 countries with a staff strength of 20,000.... Read more
FeaturedMarketsAmazon goes for a stock split, follows Google, AppleIFM CorrespondentMarch 11, 2022 by IFM CorrespondentMarch 11, 2022 This is the first such move by the tech giant after 1999 when it went for a 1:3 split.... Read more
FeaturedMarketsSingtel sells its payment card industry compliance business for $80 mnIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 According to the telco, the decision to sale is part of the company’s strategic review of its digital businesses... Read more
FeaturedMarketsCTOS Digital launches $290 mn IPO in MalaysiaWebAdminJune 30, 2021 by WebAdminJune 30, 2021 The latest listing would entail a public issue of 200 mn new shares and an offer-for-sale allocation of 900 mn existing shares... Read more