The pricing values loss-making Luckin, already backed by Singapore’s sovereign wealth fund GIC Pte Ltd ... on the Nasdaq stock exchange on Friday under the symbol “LK”. The IPO comes as Chinese-U.S. ... ( read original story ...)
The Luckin Coffee IPO Is Today. Here’s Everything You Need to Know About the ‘Starbucks of China’
Like other IPOs, the initial offering price of $17 is what institutional ... Luckin has raised $550 million from investors that include the U.S. private equity group BlackRock and Singapore’s ... ( read original story ...)
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO
The pricing values loss-making Luckin, already backed by Singapore’s sovereign wealth ... exchange on Friday under the symbol “LK”. The IPO comes as Chinese-U.S. trade tensions involving ... ( read original story ...)
Review of Eagle Hospitality Trust IPO and The Queen Mary
The eagle has landed upon the shores of Singapore; Eagle Hospitality Trust (Eagle) lodges its preliminary IPO prospectus with the Monetary Authority of Singapore (MAS) in late-April just last month ... ( read original story ...)
Luckin Coffee, China’s aspiring Starbucks rival, serves up a hot U.S. IPO
The IPO gives Luckin more firepower and exposure to fuel its ambitious ... The coffee chain was co-founded by chief executive officer Qian Zhiya and backed by Singapore’s sovereign wealth fund GIC Pte ... ( read original story ...)
Singapore, Bangalore beat Hong Kong in Deutsche Bank’s worldwide quality-of-life poll. Beijing is in second-last position
Hong Kong has been ranked 44th out of 56 cities for its quality of life, in a survey released by Deutsche Bank on Monday. It ranked behind Asian peers Tokyo (14), Singapore (23), Seoul (29) and ... ( read original story ...)
Singapore cuts 2019 GDP forecast as first-quarter growth hits decade low
“Against this challenging external economic backdrop, key outward-oriented sectors in the Singapore economy are expected to slow this year,” Lim said. “In particular, the electronics and ... ( read original story ...)
SE Asia Stocks-Indonesia climbs on Widodo election win; Singapore falls on growth forecast cut
* Singapore hits lowest closing level since March 25 * Thai customs-cleared trade data due Wednesday * Vietnam snaps 7 straight sessions of gains By Niyati Shetty May 21 (Reuters) - Indonesian ... ( read original story ...)
DBS Indonesia launches digital financing service
Singapore-based lender PT Bank DBS Indonesia on Monday launched a digital banking platform to offer non-collateral loans (KTA Instant) to its customers in Indonesia, which have so far been served ... ( read original story ...)
AUO secures sustainability-linked loan from DBS
Taipei, May 21 (CNA) AU Optronics Corp. (AUO), one of the leading flat panel makers in Taiwan, signed an agreement with Singapore banking group DBS Tuesday to secure a NT$2 billion (US$63.69 ... ( read original story ...)
Sequans Announces Availability of New LTE IoT Module Designed Specifically For Use on Sprint Curiosity™ IoT
Sequans offers two LTE product lines: StreamrichLTE™, optimized for broadband ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. ... ( read original story ...)
Sequans Announces Availability of New LTE IoT Module Designed Specifically For Use on Sprint
Sequans offers two LTE product lines: StreamrichLTE™, optimized for broadband ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. ... ( read original story ...)
Sequans Announces Availability of New LTE IoT Module Designed Specifically For Use on Sprint Curiosity IoT
Sequans offers two LTE product lines: StreamrichLTE ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. ... ( read original story ...)
UPDATE 1-Singapore and Malaysia suspend intercity rail project
SINGAPORE, May 21 (Reuters) - Singapore and Malaysia have agreed to suspend the construction of a billion-dollar train project linking the wealthy city-state with its neighbour’s southern state of ... ( read original story ...)
Daily Briefing: Which Singapore bank pays the most?; Singapore dollar set to weaken further
DBS is by far the most generous paymaster (on a company-wide basis), according to the banks’ financial results. Staff costs per head at DBS – total employee expenditure (such as base pay and bonuses) ... ( read original story ...)
Singapore: Challenging external backdrop – Standard Chartered
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