Fashion
Tencent-backed Airwallex seeks funding at US$6 billion value
FINTECH company Airwallex is in talks with investors to raise about US$200 million in a new funding round to finance its growth, according to people familiar with the matter....
Karaoke operator Goodwill Entertainment aims to hit the right notes in Catalist IPO, raise S$6.5 million in net proceeds
Shares in initial public offering priced at S$0.20 apiece; founder seeks growth in F&B, MalaysiaKARAOKE and live show operator Goodwill Entertainment is looking to raise S$6.5 million in net...
Has Nintendo found a better way to wake up?
No one has ever applauded me for getting out of bed before. But for the last week and a half a tiny, cheery red machine has been rewarding me...
Aston Martin posts smaller-than-expected quarterly loss
BRITISH luxury carmaker Aston Martin reported a smaller-than-expected third-quarter loss on Wednesday (Oct 30) and reaffirmed its annual forecast, saying supply disruptions that had caused factory delays were being...
Malaysian ringgit set for biggest monthly decline since 2015
MALAYSIA’S currency is on course for its worst month in more than nine years, as investors scale back on risk assets amid concerns over the US election.
The ringgit is...
Australian lender ANZ launches structural overhaul amid regulatory woes
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday (Oct 30) as it sought to...
UBS posts bigger-than-expected net profit in third quarter
UBS Group on Wednesday (Oct 30) reported a forecast-beating quarterly net profit of US$1.4 billion helped by cost reductions and revenue growth as the bank carried out its first...
StanChart boosts return plan to US$8 billion as profit beats
STANDARD Chartered vowed to return at least US$8 billion to investors by 2026 as it reported better-than-estimated third-quarter earnings on its wealth business and markets trading.The London-headquartered bank said...
Crypto exchange Gemini gets MAS’ in-principle nod for major payment institution licence
AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. This licence will allow it to provide cross-border money...
Visa, Coinbase offer real-time crypto purchases via debit cards
VISA customers with eligible debit cards will be able to deposit funds into their Coinbase Global accounts – sometimes instantly – via a partnership announced by the payments giant...
