Power provider PG&E Corp said on Monday it plans to raise US$5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a national security law on the city, five people said.
U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA).
Fintech startups Ayannah, Equity Capital Advisors merge; Singapore-based entity raising up to US$50m
PHILIPPINES-BASED digital financial services provider Ayannah and India-based payments company Equity Capital Advisors Pte Ltd have merged, with plans to raise US$30-50 million in a Series B round.
PHILIPPINES-BASED digital financial services provider Ayannah and India-based payments company Electronic Cash and Payment Solutions (S), better known as ECAPS, have merged, with plans to raise US$30-50 million in a Series B round. (see amendment note)
BANK of Singapore, the private banking arm of OCBC, on Monday said it has appointed veteran banker Lim Leong Guan as its new global head of products.
The first stages of a South Korean government “Green New Deal” aiming to retool one of the world’s most fossil fuel-reliant economies is focused instead on protecting jobs as the country seeks to stimulate a virus-ravaged economy, activists say.
Hundreds of thousands of jobs, if not millions, could be lost in Britain if aviation is not able to resume quickly, the chief executive of London's Heathrow Airport said on Monday.
SINGAPORE: Singapore will spend an estimated S$3.5 billion on the procurement of information and communications technology (ICT) this financial year to boost the economy and support businesses recovering from the COVID-19 outbreak. This estimated expenditure is 30 per cent more compared to the ...
HELSINKI: Finland launched its second auction of frequencies for high-speed 5G mobile networks on Monday, the Finnish Transport and Communications Agency said. "Over the past 18 months, the 5G network has been made available in 30 cities and municipalities in Finland. This spring, well-functioning ...