In this article The world’s biggest internet initial public offering since Uber Technologies Inc. is set to make this the best start to a year for stock listings in Asia
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Hims CEO took a secret trip to China before COVID hit and sees Asia as a 'massive market opportunity.'
Hims closed its $1.6 billion SPAC deal with Oaktree and began trading as a public company Thursday. While the health startup is focused on the US, CEO Andrew Dudum tells
Continue reading »As Polar Vortex Stirs, a Deep Freeze Threatens U.S. and Europe
High in the atmosphere above the North Pole, a spike in temperatures may soon send bone-rattling chills spilling down through the Northern Hemisphere. The icy blasts threatening to sweep across
Continue reading »Oil Holds Gains After Topping $50 on Saudi Pledge to Cut Output
Oil held gains in Asia after surging to a 10-month high on a surprise Saudi Arabian pledge to cut an extra 1 million barrels a day of crude output in
Continue reading »Asia Stocks Mixed on Virus Spike; Gold Holds Gain: Markets Wrap
Asian stocks were mixed Tuesday amid concern that a surge in global coronavirus cases could crimp the economic recovery, with traders also bracing for key runoff elections in the U.S.
Continue reading »China's antitrust probe into Alibaba could be an opportunity for other cloud players — including Amazon, Microsoft, and Google — to swoop in
China has launched an antitrust investigation into the Chinese e-commerce giant Alibaba, which is also currently the third biggest cloud provider in the world, by market share. This probe could
Continue reading »Asian Stocks to Drop on Virus Angst; Dollar Gains: Markets Wrap
Asian stocks look set to open weaker after U.S. equities joined a global decline as a new variant of the coronavirus in the U.K. and a wave of lockdowns and
Continue reading »Dollar Pressure, China’s Addiction, Korea in Crosshairs: Eco Day
Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week. Janet Yellen once touted the benefits of a weaker greenback for
Continue reading »Asian Stocks Set for Muted Start; Dollar Retreats: Markets Wrap
Asian stocks looked set for a muted open after a mixed session on Wall Street, as investors assessed the prospects for a federal spending package and the likelihood for further
Continue reading »South Korea May Tighten Curbs as Virus Cases Hit Nine-Month High
Follow Bloomberg on LINE messenger for all the business news and analysis you need. South Korea is considering stricter social-distancing measures, including a ban on gatherings at high-risk venues such
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