Bloomberg Intelligence estimates Shein's valuation at US$22 billion to US$25 billion ahead of its highly anticipated IPO, with insights into its fast-fashion market position. Read more at straitstimes.com. Read more at straitstimes.com.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.
KUALA LUMPUR: The FBM KLCI was flat at the opening bell as traders searched for trading direction amid a lack of new catalysts.
MUNICH: Over the past three decades, American investor A Gary Klesch has amassed a portfolio of struggling steel mills, aluminium smelters, chemical plants and oil refineries, betting he could squeeze value from businesses their previous ow
MELAKA: Two state government-linked companies in Melaka are preparing to be listed on Bursa Malaysia, says Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.
TOKYO: The yen has surged against a weaker dollar after an unexpectedly soft US payrolls report last Friday, with traders on alert for any sign authorities were preparing to intervene in the Japanese currency again.
NEW YORK: JPMorgan Chase & Co sees bond sales from technology-related firms exceeding half a trillion dollars this year, as hyperscalers' appetite to deploy capital for the artificial intelligence (AI) buildout shows no sign of abating desp
BEIJING: Beijing has introduced a package of measures, including easing housing purchase restrictions for non-local families and increasing housing provident fund loan limits, in a bid to stabilise the property market and better meet reside
NEW YORK: SpaceX shares jumped for a second straight day bringing them close to breaking back above the company's US$135 initial public offering (IPO) price for the first time since falling below the key level last month.