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Companies 3 months ago

SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows

The Elon Musk-led company's move towards a public listing, which could rank among the largest global initial public offerings, has been largely driven by the rapid expansion of SpaceX's Starlink satellite internet business.

Markets 8 months ago

Asia shares, yen weather Japan uncertainty as earnings loom

Japan's ruling coalition lost control of the upper house in Sunday’s election, further weakening Prime Minister Shigeru Ishiba’s grip on power.

Academia 9 months ago

PREMIUM
Health insurance co-payment policy: Shooting fish in a barrel

Imports and health equipment procurement are widely known as some of the most corrupt sectors in the country.

Academia 4 years ago

PREMIUM
Tech companies and the market sentiment

BUKA’s IPO was considered a huge success as it raised Rp 21.9 trillion — the highest figure seen in decades.

Editorial 4 years ago

Another dot-com bubble?

It was the promise of big dividends that prompted regulators to make exceptions for tech unicorns.

Business 5 years ago

Tesla launches second $5 billion share sale in three months

Tesla Inc unveiled a US$5 billion capital raise on Tuesday, its second such move in three months as the electric-car maker cashes in on a stellar rise in its shares this year.

Business 5 years ago

Qantas raises $940 million to counter coronavirus, shares slip

Qantas Airways Ltd successfully completed a discounted A$1.36 billion (US$940 million) share placement to institutional investors on Friday, before its shares dropped to a one-month low as they resumed trading.

Entertainment 6 years ago

'Parasite' shares rocket after Oscar wins

Shares in its production company, distributor and even an instant noodle maker featured in the film have all shot up since "Parasite" became the first non-English-language film to win Hollywood's top prize on Sunday, prompting celebrations in South Korea.