Alibaba's US$13.4 billion institutional bookbuild for its Hong Kong listing is already covered "multiple times," according to a message sent to investors and verified by sources with direct knowledge of the matter.
BT has retained the UK broadcast rights to Champions League soccer for three years from 2021 at an annual cost of 400 million pounds (US$512 million), despite reported competition from rival Sky.
Automakers around the world are awaiting a decision from U.S. President Donald Trump on whether he will impose up to 25per cent tariffs on U.S. car and auto part imports after a 180-day review period elapsed this week.
More than a dozen U.S. trade groups and the U.S. Chamber of Commerce on Friday urged the Trump administration to block a French-style digital services tax proposed by Canadian Prime Minister Justin Trudeau during October's election.
Nine-time Olympic gold medallist Usain Bolt is bringing his electric scooters to Japan, hopeful that his celebrity status will help persuade regulators that the environmental benefits are important enough to relax some of the curbs on their use.
An eight-month crisis over the grounding of Boeing's 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week's Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.
SINGAPORE: Sales of private homes by developers in Singapore fell 27 per cent in October from the previous month, official data released on Friday (Nov 15) showed. Data compiled by the Urban Redevelopment Authority (URA) showed developers sold 928 units last month, compared with 1,270 units in ...
LOCAL vehicle leasing giant Goldbell Group announced the launch of its private debt investment platform Goldbell Evolution Network (GEN) on Friday which seeks to offer yields of between 5-12 per cent returns.
HONG KONG: Hong Kong confirmed on Friday (Nov 15) its economy plunged into its first recession in a decade in the third quarter, weighed down by increasingly violent anti-government protests and the escalating US-China trade war. The economy shrank by a seasonally adjusted 3.2 per cent in July ...
Malaysian budget carrier AirAsia Group said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.
