 Builds on existing ecosystem to link players across private & public markets
Partners MDEC to promote corporate venturing as innovation & growth strategy Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), launched on 21st March, the nationâs first Corporate Venture Capital (CVC) Programme to advance the domestic…Continue Reading
This week, Xi Jinping’s regulators signaled that the Jack Ma debacle of the last 28-plus months is finally over. And that China Inc is back in business. Beijing announced Tuesday (March 28) that Alibaba Group will divide its US$220 billion empire into six distinct business units, a move that will generate several initial public offerings […]Continue Reading
Funds will be channeled towards regional expansion
Claimed its customers have benefited from over US$30mil in claims Qoala has completed its Series B+ funding round, raising US$7.5 million (RM33 million).Â
In a statement, the Indonesian based Southeast Asian insurtech said the round led by European investment firm, responsAbility Investments AG, with participation from Appworks…Continue Reading
There is just over a week left to enter the 27th iteration of our flagship awards.Continue Reading
SINGAPORE – The 18th-century poet Percy Bysshe Shelley famously told of a ruined statue depicting a once powerful king, its fragments buried in desolate desert sands. The vivid poem “Ozymandias” is often interpreted as a warning against the hubris of building monuments to one’s own greatness, as even the mightiest empires wane and eventually crumble. […]Continue Reading
It will only account for less than 10% of China’s former top-selling developer’s $300bn debt.Continue Reading
Under the takeover deal of Credit Suisse by UBS, holders of additional tier 1 one (AT1) bonds absorbed losses ahead of equity investors, a move many said went against convention.Continue Reading
On both sides of the Pacific, in China and the US, the destructive combination of recession and inflation is evolving in a classic way, to include bank failures and the popping sound of property, asset and financial instrument bubbles as they disappear in a foam of bankruptcy, negative equity and failure. If there is a […]Continue Reading
Malaysia has no clear law policing private companies making financial contributions to political parties. Bersatu leaders, including Muhyiddin, have accused the government of mounting a political vendetta against the opposition in a bid to undermine the party ahead of crucial polls in six states sometime in June or July. ButContinue Reading
US regulators’ swift reaction to the collapse of Silicon Valley Bank and two other lenders partially restored calm to markets, but concerns remain over the stability of the global financial system. The government is racing to orchestrate a US$30 billion rescue of First Republic Bank by the nation’s largest financial institutions after the California lender’s […]Continue Reading