Edition:
United Kingdom

Anshuman Daga

Thailand set to be Southeast Asia's hottest IPO market with $5 billion of planned second half floats

1:11am BST

BANGKOK/SINGAPORE Thailand is set to see the most funds raised from IPOs in Southeast Asia this year, with more than $5 billion expected to be garnered in the second half, sources said, as a tourist boost to the economy trumps jitters stoked by inconclusive elections.

RPT-EXCLUSIVE-Malaysia's QSR puts $500 mln IPO on hold, hit by lofty valuations-sources

11 Apr 2019

SINGAPORE/KUALA LUMPUR, April 10 Malaysia's biggest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential local investors balked at its valuations, sources familiar with the deal said.

Jet hits more turbulence as fleet shrinks and fuel terms tightened

10 Apr 2019

NEW DELHI/SINGAPORE Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline's lenders to find a new investor to bail out the cash-strapped Indian carrier.

UPDATE 2-Jet hits more turbulence as fleet shrinks and fuel terms tightened

10 Apr 2019

* Aviation regulator de-registers 7 planes, 24 requests pending

Exclusive: Malaysia's QSR puts $500 million IPO on hold, hit by lofty valuations - sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR Malaysia's biggest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential local investors balked at its valuations, sources familiar with the deal said.

Exclusive: Malaysia's QSR shelves $500 million IPO as investors balk at valuations - sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR Malaysia's largest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million (382.47 million pounds) as potential investors balked at its valuations, sources familiar with the deal told Reuters.

EXCLUSIVE-Malaysia's QSR shelves $500 mln IPO as investors balk at valuations-sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR, April 10 Malaysia's largest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential investors balked at its valuations, sources familiar with the deal told Reuters.

INSIGHT-The downfall of Jet Airways: How India's premium airline crumbled

10 Apr 2019

* Challenge to make money in India, where budget carriers dominate

The downfall of Jet Airways: How India's premium airline crumbled

09 Apr 2019

SINGAPORE/NEW DELHI In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them there was a plan to rescue the debt-laden carrier so it could pay them, sources familiar with the matter said.

SoftBank-backed Grab seeks another $2 billion funding in expansion drive

08 Apr 2019

SINGAPORE Grab is looking to raise another $2 billion (1.53 billion pounds) this year to ramp up expansion, its CEO Anthony Tan told Reuters, only weeks after announcing more than $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.

World News