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Why the global market for IPOs is picking up despite recession fears

Activity was particularly buoyant in Asia, where regional exchanges accounted for nearly 80 per cent of new share sales in April

China , Ukraine , Italy , Hong-kong , Germany , Indonesia , Milan , Lombardia , Japan , Russia , German , Italian

Global IPO market shows signs of life even as recession fears persist

HONG KONG – The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. Read more at straitstimes.com.

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Malaysia ex-PM Najib wants US to disclose names of bribed 1MDB officials, fails to halt trial


KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Former Malaysian prime minister Najib Razak had applied to the United States court to obtain the names of 1Malaysia Development Berhad (1MDB) officials who were bribed by a former partner of Goldman Sachs Group in Asia.
His lawyer Muhammad Shafee Abdullah said their names would help the defence prove that the prosecution witnesses lacked credibility and were merely instruments of fugitive financier Low Taek Jho, the Kuala Lumpur High Court was told. Low, who was perceived to be the mastermind behind the 1MDB scandal, has been in hiding since 2016.
Najib, who faces 42 counts of corruption and money laundering related to the 1MDB scandal, is currently being tried for four criminal charges in bribery totalling RM2.28 billion (S$746.8 million) and 21 other charges of money laundering involving the same amount. He was convicted on seven charges by the Malaysian High Court in July 2020. He is appealing his conviction.

Kuala-lumpur , Malaysia , United-states , Malaysian , Sri-ram , Najib-razak , Justice-sequerah , Shahrol-azral-ibrahim-halmi , Justice-collin-lawrence-sequerah , Taek-jho , Muhammad-shafee-abdullah , Tim-leissner