BEIJING (BLOOMBERG) – Beijing’s agenda to curb the rampant expansion of some private enterprises has sent stocks plunging in sectors ranging from gaming to after-school…
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mm2 Asia to pursue Kingsmead transaction and cinema IPO options in parallel
SINGAPORE (THE BUSINESS TIMES) – The proposed sale process of mm2 Asia’s cinema business will run in parallel with its runway toward listing it on…
Donald Trump bans US investment in firms linked to Chinese military
Donald Trump’s White House has fuelled tensions with Beijing by banning US investment in firms it says have ties to the Chinese military. The executive…
SoftBank commits US$1.1 billion to WeWork amid membership drop
NEW YORK (BLOOMBERG) – SoftBank Group is adding US$1.1 billion (S$1.5 billion) to its WeWork commitment as the co-working company weathers declining membership amid the…