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Search Result for “financial details”

Showing 1 - 10 of 57

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GENERAL

Thai drinks firm plans Singapore IPO for coconut water exporter

Bloomberg News, Published on 07/05/2024

» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.

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GENERAL

Singapore bank sues money laundering suspect for $15 million

Bloomberg News, Published on 01/12/2023

» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.

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GENERAL

Central banks buying more gold than previously thought

Bloomberg News, Published on 31/10/2023

» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.

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BUSINESS

Regulator files fraud charges against Stark

Bloomberg News, Published on 06/07/2023

» The Securities and Exchange Commission (SEC) has filed charges against the largest shareholder and others involved in the management of Stark Corporation Plc, the industrial cable maker at the centre of an accounting scandal and debt default.

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BUSINESS

A 99% stock crash and shock default raise alarm

Bloomberg News, Published on 23/06/2023

» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.

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BUSINESS

Indorama considers $1bn US IPO of unit

Bloomberg News, Published on 17/03/2023

» Indorama Ventures Public Company Limited, the acquisitive Thai chemicals company, is considering a United States initial public offering of its integrated oxides and derivatives business that could raise about US$1 billion, according to people familiar with the matter.

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WORLD

Star banker’s disappearance surprises even China’s state lenders

Bloomberg News, Published on 21/02/2023

» NEW YORK: The disappearance of Chinese banker Bao Fan has come as a surprise to even some of his state-owned lenders, several of which are asking his firm for more information as they assess their exposure, according to people familiar with the matter.

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WORLD

Hong Kong to cut hotel quarantine as China shows support

Bloomberg News, Published on 20/09/2022

» Hong Kong wants to relax Covid rules like mandatory hotel quarantine that have made travel difficult for nearly three years, Chief Executive John Lee said Tuesday, as mainland officials signalled their approval.

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BUSINESS

China imposes economic curbs on Taiwan with sand, fruit bans

Bloomberg News, Published on 03/08/2022

» China halted some trade with Taiwan in retaliation to the high-profile visit of United States House Speaker Nancy Pelosi to the island.

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WORLD

Hong Kong’s floating restaurant sinks

Bloomberg News, Published on 21/06/2022

» Jumbo Floating Restaurant, a faded landmark of Hong Kong, sank in the South China Sea after being towed away from the city to an unknown destination.