VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors
VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of
2023-08-16 03:55
Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs
Bitcoin developer Blockstream Corp. is betting that the world’s most valuable cryptocurrency is poised for a massive rebound,
2023-08-16 02:45
Vietnam’s Richest Man Adds $30 Billion as EV Maker Goes Public
VinFast Auto Ltd. soared on its first day in the public markets, boosting the fortune of its billionaire
2023-08-16 02:29
Blackstone Names Harper BREIT President While Agarwal Goes on Leave
Blackstone Inc.’s $68 billion real estate trust said its president A.J. Agarwal will go on a sabbatical for
2023-08-15 23:59
MTN Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
2023-08-15 21:15
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:55
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:22
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:15
China Mulls Stamp Duty Cut to Revive Slumping Stock Market
Chinese authorities are considering cutting the stamp duty on stock trades for the first time since 2008, people
2023-08-15 14:49
Tokio Marine Southeast Asia Asset Sale Draws Japan Rivals, Sources Say
Japanese insurers Dai-ichi Life Holdings Inc. and Nippon Life Insurance Co. are among the firms considering bids for
2023-08-15 14:20
Solar Giant Jinko Falls as Plant Spending Outweighs Profit Surge
Jinko Solar Co., one of the world’s largest panel producers, fell as much as 12% after outlining plans
2023-08-15 11:51
Shanghai Woman in Focus as Probe Shows Fear of Capital Exit
Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their
2023-08-15 10:15