Anshuman Daga
Stories by Anshuman Daga
Evergrande misses payment deadline on bond, EV unit warns of cash crunch
Hopes are not high for a swift resolution.
Evergrande debt deal, Chinese central bank intervention calm contagion concerns
The People's Bank of China's injected $14b to the banking system.
Singapore IPO market’s prospects brighten but no quick fix in sight
Singapore has seen a decline in listings over the past decade and failed to attract large IPOs.
Markets look for possible Beijing intervention as Evergrande default fears loom
Evergrande Chairman Hui Ka Yuan said the company will "walk out of its darkest moment".
Singapore’s DBS Group charts ambitious plans for digital exchange
DBS Digital Exchange bills itself as the world's only bank-backed full-service digital bourse.
Grab trims full-year forecasts, says $40b SPAC merger on track
The forecast takes into account renewed uncertainty over pandemic-related movement restrictions.
Singapore’s ADVANCE.AI in talks to raise $200m from Warburg Pincus, others
The funding round will propel it into a small group of Southeast Asian unicorns.
Singapore Exchange’s SPAC rules seen giving market much-needed boost
SGX has halved the minimum market cap for SPACs to S$150 million ($112 million).
Malaysia’s Carsome raises $170m from Taiwan’s MediaTek, others
The deal cements its position as Malaysia's largest tech unicorn, valued at $1.3 billion.