Nikhil Kurian Nainan
Stories by Nikhil Kurian Nainan
Singapore Airlines loss narrows to $302m in first-quarter this year
The airline forecast passenger capacity to reach 33% of pre-pandemic levels in the second quarter.
Singapore Exchange to acquire currency trading platform for $125m
MaxxTrader has more than 100 banks, broker-dealers and hedge funds connected to its platform.
Australian BNPL firm Afterpay to launch banking app in October
The app, called 'Money by Afterpay', will be tested by its Australian staff from Tuesday.
Australia’s Tabcorp to spin off Lotteries & Keno business into a listed entity
The demerger will create two listed companies, Lotteries & Keno (L&K) and Wagering & Media (W&M).
NZ’s Fonterra to divest stake in two China farms for $62m
The stake has been acquired by Singapore-based AustAsia Investment Holdings for $62 million.
Mubadala sells 4.5% stake in Australia’s Oil Search for $275m
Mubadala sold 94 million shares on Tuesday, lowering its stake to 4.94%.
PEXA prepares for July debut in biggest Australian IPO of 2021
PEXA expects to raise A$1.18 billion ($909.19 million) from the IPO.
Sezzle plans US listing riding on buy-now-pay-later boom
Sezzle and Afterpay will also be buoyed by a stellar debut of US rival Affirm Holdings.
SG’s commodity trader Olam to acquire US spice firm for $950m
Olam International is majority-owned by Singapore state investor Temasek.
Australian waste management firm Bingo agrees to $1.8b buyout by Macquarie funds
CPE Capital had approached Bingo in January with MIRA but reportedly dropped out recently.
