Page 94 - Stk News Today

(Bloomberg) -- India’s Paytm is in talks with sovereign wealth funds and financial firms to become anchor investors in its upcoming blockbuster initial public offering, according to people familiar with the matter.

(Bloomberg) -- Brazil’s hedge fund industry is being tested as one of the world’s most hawkish central banks quickly increases rates, prompting investors to pile back into fixed-income products. Investors pulled 13.4 billion reais ($2.

(Bloomberg) -- Honour Lane Shipping Ltd., a Hong Kong-based freight forwarder, is weighing a sale of the business that could fetch about $500 million, people with knowledge of the matter said.

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(Bloomberg) -- Saudi Arabia’s stock exchange is close to announcing plans for a long-awaited initial public offering that could value it at as much as $4 billion, according to people familiar with the matter.

(Bloomberg) -- China’s financial markets are set to open for the first time in a week on Friday, with investors bracing for volatility from a surprise default in the property sector coupled with the global energy shortage.

Asian equities have seen heavy foreign outflows since the start of this month on concerns about China's property sector and on expectations that major central banks would raise interest rates soon amid concerns about rising inflationary pressures.

(Bloomberg) -- Online luxury-watch retailer Chronext AG is postponing its initial public offering, joining dozens of listings that have been pulled worldwide over the past month.

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French satellite company Eutelsat , which rejected a takeover proposal from billionaire Patrick Drahi, said it had raised its stake in London-headquartered communications network company OneWeb to 22.9%.