Firms
Trump social media firm’s rising shares pressure short-sellers: S3
Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company’s stock and the higher cost of borrowing its shares, analytics firm...
Barclays says it’s winning Asia banking business from US firms
BARCLAYS said it’s gaining market share in Asia from some US rivals after it hired almost a dozen senior sales and trading staff in the past year to accelerate...
Barclays says it is winning Asia banking business from US firms
BARCLAYS said that it is gaining market share in Asia from some US rivals after it hired almost a dozen senior sales and trading staff in the past year...
China firms go ‘underground’ on Russia payments as banks pull back
AN APPLIANCE maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China’s big banks...
TikTok ultimatum puts US firms in firing line for China response
NOW that President Joe Biden has signed off on a law that could expel TikTok from the US market, Beijing must decide how best to retaliate over an attack...
Vietnamese firms face Q1 debt crunch amid sluggish recovery
[HO CHI MINH CITY] Despite lower interest rates and ample liquidity, Vietnamese firms saw limited access to debt financing through bank loans and corporate bonds in the first quarter...
Saudi PIF merges mobile tower firms to create regional giant
SAUDI Arabia’s sovereign wealth fund agreed to buy a majority stake in Saudi Telecom’s tower unit for 8.7 billion riyals (S$3.15 billion) and plans to merge it with other...
Hedge funds cry foul over China education firm’s default
HEDGE funds and other international investors are sounding alarms after a profitable education company from China defaulted on its convertible bonds in March. A group of bondholders, which includes some...
