Loses

Silverlake Axis loses free float, likely to delist
Silverlake Axis loses free float, likely to delist
SILVERLAKE Axis on Monday (Oct 7) evening said it has lost its free float and may be delisted, now that it no longer meets the free-float requirement of the...
Tiger-backed TrueLayer loses unicorn status in fundraising round
Tiger-backed TrueLayer loses unicorn status in fundraising round
TRUELAYER, a fintech backed by Tiger Global and Stripe, has seen its valuation slashed by roughly 30 per cent in its latest funding round, according to a person familiar...
Tiger-backed TrueLayer loses unicorn status in fundraising round
Temasek-backed TrueLayer loses unicorn status in fundraising round
TRUELAYER, a fintech backed by Tiger Global, Temasek and Stripe, has seen its valuation slashed by roughly 30 per cent in its latest funding round, according to a person...
Elon Musk’s X loses court fight with Australia over social media fine
Elon Musk’s X loses court fight with Australia over social media fine
AN AUSTRALIAN judge rejected an attempt by social media platform X to wipe a A$610,500 (S$542,008) fine levied by a watchdog, a notable victory in the country’s battle with...
Yen loses ground after China’s stimulus boost
Yen loses ground after China’s stimulus boost
THE yen lost ground to major currencies on Wednesday (Sep 25), while the yuan hit its strongest level in over a year, as China’s aggressive stimulus package provided the...
Second Chance loses free float; offeror to exercise right of compulsory acquisition
Second Chance loses free float; offeror to exercise right of compulsory acquisition
THE offerors of Second Chance Properties – chief executive Mohamed Salleh and his family – will be making a compulsory acquisition of all the shares of the company. As at...
Google loses EU court fight over 2.4 billion euro antitrust fine
Google loses EU court fight over 2.4 billion euro antitrust fine
A Google spokesperson said that company is “disappointed” with the court judgmentGoogle lost its bid to topple a once-record 2.4 billion euro (S$3.45 billion) European Union fine for abusing...
Apple loses fight against 13 billion euros EU tax order to Ireland
Apple loses fight against 13 billion euros EU tax order to Ireland
APPLE on Tuesday (Sep 10) lost its fight against an order by EU competition regulators to pay 13 billion euros (S$18.7 billion) in back taxes to Ireland as part...
Nvidia’s Jensen Huang loses US billion in his biggest wealth wipeout
Nvidia’s Jensen Huang loses US$10 billion in his biggest wealth wipeout
NVIDIA chief executive officer Jensen Huang’s wealth tumbled the most ever after a rout in chip stocks and a report that the US Justice Department (DOJ) sent the tech...
Temu owner’s founder loses spot as China’s richest person after 18 days
Temu owner’s founder loses spot as China’s richest person after 18 days
COLIN Huang’s reign as China’s richest person only lasted about two weeks.A slump on Monday (Aug 26) in shares of PDD Holdings, the parent company of e-commerce giant Temu,...