Kimberley Kao

The company is considering listing Monee, which is nearing a position where it can operate independently, said CEO Forrest Li.

Singapore-based DayOne Data Centers plans to list its American depositary shares on the Nasdaq by the end of the year.

Hormuz Gridlock Risks Global Food Crisis, International Chamber of Commerce Chief Says

Shares of NSE rose as much as 5.2% from the IPO price, after the exchange operator raised $2.36 billion in India’s second-largest initial public offering.

The San Francisco-based company will be ready for an IPO once annual revenue exceeds $1 billion, Xu said in an interview.

Analytics and artificial-intelligence software firm Databricks says its business in Asia is accelerating and plans to invest more in Singapore to tap regional demand.

Artificial-intelligence coding startup Cognition raised $2 billion in a Series E funding round at a valuation of $48 billion.

India’s economy maintained a solid pace of growth in the April-June quarter, showing resilience even as the Middle East conflict clouded the outlook.

China’s three largest state-owned airlines posted deeper losses, dragged by weak domestic pricing and high fuel costs spurred by the Middle East conflict.

Oil prices rose amid growing doubts that the Strait of Hormuz can reopen soon, bolstering concerns over supply disruptions in the Middle East.