REUTERS: Advertising technology firm Simplifi Holdings was ready to go public last month at a valuation of close to US$2 billion when some investors balked. The Fort Worth, Texas-based company was seeking to raise around US$300 million in financing for its merger with D and Z Media Acquisition ......
Indonesia's central bank is planning to launch a digital rupiah currency and is assessing which platform it will use, Governor Perry Warjiyo said on Tuesday, as the country sees a digital transaction boom during the pandemic.
TOKYO: Japan will adhere to its aim of achieving a budget surplus, Prime Minister Yoshihide Suga said on Tuesday, though his government is struggling to balance the budget as it is under pressure to spend heavily in response to the COVID-19 pandemic. "We won't abandon the flag of achieving...
With global borrowing costs probably as low as they can go, high debt levels will start to matter more in coming years, a Barclays study found, highlighting Brazil as the country at greatest risk of a hit to growth and debt sustainability.
JD.com-backed fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its chief executive said on Tuesday, amid slowing offline sales.
SINGAPORE: There is still a possibility for Singapore to chalk up growth of 6 per cent or more this year, according to economists who do not expect the recently imposed COVID-19 curbs to throw the economic recovery off course for now. These economists have pencilled in full-year estimates of 6 ......
Israeli defence electronics specialist Elbit Systems reported higher quarterly profit on Tuesday and said it expects its night-vision business and other acquired operations to prosper as global defence spending continues to rise.
China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman Sachs Asset Management.
Turkish President Tayyip Erdogan will hold a roundtable call with several U.S. corporate chief executives on Wednesday to highlight both countries' growing cooperation, Turkey's embassy in Washington confirmed on Tuesday.
Japanese Prime Minister Yoshihide Suga said on Tuesday the government will stick to a pledge to achieve a primary balance surplus in its fiscal blueprint due next month.
