Bloomberg
Stories by Bloomberg
China’s premium skincare firm Pehchaolin mulls stake sale
Shanghai Pehchaolin has received interest from prospective investors including some private equity firms.
China kicks off process to merge biggest brokers to take on global banks
A merger between Citic and CSC, both based in Beijing, would create an investment bank valued at $67 billion.
China Three Gorges plans $3.5b IPO of unit in one of biggest listings in 2020
The listing comes as the parent company seeks to establish a new unit to hold international assets.
Saudi fund picks up 8.2% stake in cruise company Carnival
The Saudis are getting a bargain-bin price for Carnival -- it’s down 81% this year -- as the cruise industry faces unprecedented risks.
Credit Suisse no longer working on WeDoctor’s Hong Kong IPO
WeDoctor, one of China’s biggest online healthcare startups, aims to raise between $500 million and $1 billion in the IPO.
SG’s ComfortDelGro waives taxi rents for a month, sees larger losses
Taxi rentals will be waived from April 7 to May 5, the company said.
Aramco delays monthly oil pricing amid Saudi-Russia row on oil cuts
State oil producer Saudi Aramco is now set to announce its official selling prices for May on Thursday.
HNA’s Swissport to rope in Houlihan Lokey to advise on debt
Chinese firm HNA’s attempts to sell Swissport, which it bought for $2.8 billion in 2015, have failed in the past.
Singapore’s richest man adds $3.5b to net worth with ventilators
Chairman Li Xiting, the city-state’s richest man, now has a $12.5 billion fortune.
Alibaba’s Lazada briefly suspends new Singapore grocery orders
Lazada’s RedMart and other grocery delivery services have been kept busy amid harrowing economic times in Singapore.
