Chinese bank raises $7bn ahead of IPO

Posted at December 9, 2015

Postal Savings Bank of China raises $7bn from 10 domestic and foreign investors ahead of an initial public offering next year. Read more here: BBC News – Business News Asia The post Chinese bank raises $7bn ahead of IPO appeared first on Startup in Thailand. Source: BBC NEWS

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Tech giant Toshiba to face $60m fine

Posted at December 7, 2015

Troubled Japanese tech giant Toshiba could face a record fine of 7.37bn yen ($60m; £39m) for its multi-billion dollar accounting scandal. Read more here: BBC News – Business News Asia The post Tech giant Toshiba to face $60m fine appeared first on Startup in Thailand. Source: BBC NEWS

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Lyft in Asian partnership to rival Uber

Posted at December 4, 2015

US ride-sharing service Lyft expands global partnership to include India’s Ola and South East Asia’s GrabTaxi, in a challenge to rival Uber. Read more here: BBC News – Business News Asia The post Lyft in Asian partnership to rival Uber appeared first on Startup in Thailand. Source: BBC NEWS

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