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Zico Holdings says it expects to post ‘substantial net loss’ for FY2023
PROFESSIONAL services provider Zico Holdings said that it expects to report “a substantial net loss” for its financial year ended Dec 31, 2023. In a profit guidance update released...
Zico Holdings expects to post ‘substantial net loss’ for FY2023
PROFESSIONAL services provider Zico Holdings said that it expects to report “a substantial net loss” for its financial year ended Dec 31, 2023. In a profit guidance update released...
India central bank extends deadline for Paytm unit wind-down to March 15
INDIA’S central bank has extended the deadline for winding down operations of Paytm Payments Bank, an associate of One 97 Communications or Paytm, by 15 days to Mar 15,...
India central bank extends deadline for Paytm banking unit wind-down
INDIAN lender Paytm Payments Bank got a much-sought after extension from the central bank to wind down its operations on Friday (Feb 16), even as its overseas transactions are...
Swiss Re’s full-year profit soars on higher interest rates
SWISS Re’s net income rose to US$3.2 billion in 2023, driven by higher underwriting margins and interest rates. The profit was in line with estimates and resulted in a...
Hong Kong’s Hang Seng Index to stay unchanged after review
THERE will be no additions or subtractions to Hong Kong’s Hang Seng Index following its latest quarterly review, according to a statement. That keeps the number of members on...
Anchor Fund @ 65 and Growth IPO Fund invest in 9 companies; preparing them for public listing
A TOTAL of nine companies have already received investments from two funds that were established in 2022 to support high-growth enterprises to raise capital in Singapore’s public equity market....
Web cartoons platform Naver eyes US$4 billion value in US summer IPO
NAVER Corp has enlisted Goldman Sachs and Morgan Stanley to work on a US initial public offering (IPO) for its online comics operator over the summer, accelerating the much-anticipated...
