Tuesday, May 17, 2022
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U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore

Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker's third listing location, following its IPO in New York and a secondary listing in Hong Kong.Costfoto | Future Publishing | Getty ImagesChinese electric carmaker Nio said Friday that it's planning a secondary share

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Binance is backing Elon Musk’s Twitter acquisition — here’s why it’s a big deal for crypto enthusiasts

Binance is the world's largest crypto exchange, handling billions of dollars in trading volumes on a daily basis.STR | NurPhoto via Getty ImagesBitcoin exchange Binance's move to participate in Elon Musk's $44 billion takeover of Twitter could boost digital currency evangelists' hopes for the development of a more "decentralized,"

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Singapore start-up Nium seeks up to $400 million in deals to take on Europe’s crowded fintech market

Europe's fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks.Oscar Wong | Moment | Getty ImagesLONDON — Nium, a $2 billion digital payments start-up based out of Singapore, has big plans for its European business.The company,

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Apple buys UK fintech start-up Credit Kudos

Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022.Mike Segar | ReutersLONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told

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Venture capital firm discusses tightened scrutiny of IPO prices in India

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDev Khare of Lightspeed Venture Partners says IPO prices in India have been high in the past few years, but they shouldn't be "scrutinized or regulated in any way," as it wouldn't be in the interests of

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Ahead of its first SPAC approval, Dubai’s Shuaa Capital says it wants to launch more in ‘quick succession’

Dubai-listed investment bank Shuaa Capital is still in the final stages before its first blank-check company can be listed on the Nasdaq in the United States, but the bank is already eager to launch more special purpose acquisition companies (SPACs) in the near future."The intention is to raise the

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SoftBank’s long-term investment strategy may benefit in the current interest rate environment, says CLSA

The current interest rate environment could favor Japanese conglomerate SoftBank Group's strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, according to CLSA's Oliver Matthew.With prices of potential acquisitions now coming down as investors brace for higher rates, Matthew told CNBC's "Squawk

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