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Business News > Mint Authors > Scott Murdoch

Scott Murdoch

Mint Author

ARTICLES BY SCOTT MURDOCH

China’s real-estate market is in a yearslong slump. Developers including China Evergrande Group have defaulted on billions of dollars of bonds. (Photo: AFP)

Evergrande's possible liquidation and what happens next

2 min read . 26 Jan 2024

Mukesh Ambani, Chairman and Managing Director of Reliance Industries. (REUTERS)

Mukesh Ambani's Reliance Retail in talks to raise $2.5 billion: Report

1 min read . 01 Sep 2023

US regulators said they will backstop a deal for regional lender First Citizens Bancshares to acquire failed Silicon Valley Bank (AP)

US backstops Silicon Valley Bank sale to First Citizens

4 min read . 28 Mar 2023

Shein, a privately held business best known for its extremely low-price and trendy apparel and accessories, is eyeing to raise $2 billion in next round of investment this month (Photo: Reuters)

China's SHEIN set to raise $2 bln, eyes US IPO later this year, report

3 min read . 08 Mar 2023

Billionaire Gautam Adani. (REUTERS)

Adani Group has secured $3 billion credit from sovereign wealth fund: Report

1 min read . 01 Mar 2023

Nomura cuts 18 Asia banking jobs as dealmaking slows: Report

2 min read . 17 Jan 2023

So far Morgan Stanley has cut about 2% of its workforce, which affected about 1,600 positions (Photo: Reuters)

Morgan Stanley to slash 2022 banker bonuses in Asia by up to half: Report

3 min read . 12 Dec 2022

The Zomato block deal was executed at 50.44 rupees per share. Zomato and Uber did not immediately respond to requests for comment. (REUTERS)

Uber sells 7.8% stake in Zomato. Franklin, Fidelity among buyers: Report

1 min read . 03 Aug 2022

Offerings planned for later this year, such as those by payments rival MobiKwik and hotel aggregator OYO, will face questions after Paytm's debut plunge of more than 27%, as investors turned queasy at its lack of profits and lofty value (REUTERS)

Skies darken for Indian IPOs after Paytm's disappointing debut

2 min read . 19 Nov 2021

The fundraising boom in India by companies, ranging from an e-commerce platform to a food delivery app operator.

Startup deals in India set to pick up pace as investors hunt post-pandemic bets

3 min read . 30 Jul 2021

Zomato Ltd will raise $1.26 billion by pricing its shares at ₹76 each in its initial public offering (Photo

Zomato raises $1.26 billion in IPO: Report

1 min read . 20 Jul 2021

Didi said on Monday the app's ban would have an adverse impact on its revenue in China despite it remaining available for existing users. (REUTERS)

China tech crackdown wipes out billions from Didi, other US-listed firms

3 min read . 06 Jul 2021

Paytm’s proposed IPO will make it India’s third-biggest public listing in dollar terms.

Paytm set to file papers for $2.3 billion share sale

1 min read . 06 Jul 2021

Massive first day IPO gains evoke 'bubble' risk

2 min read . 16 Dec 2020

The app for Alipay, the mobile payments service operated by Ant Group, is seen on a smartphone in Beijing. (AP)

Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate: Report

1 min read . 05 Sep 2020

FILE - This photo provided by the New York Stock Exchange shows the trading floor. Stocks are slipping in early trading on Wall Street Thursday, Aug. 20, following discouraging data about the economy, as the number of layoffs sweeping the country picks up again. The S&P 500 was down 0.2% after the first 20 minutes of trading, following up on sharper losses for stock markets overseas.(NYSE Photo by Colin Ziemer via AP, File) (AP)

Global companies raise most funds for the month of August in a decade

2 min read . 24 Aug 2020

Jack Ma-led Alibaba’s Hong Kong stock is due to start trading next Tuesday. (Photo: Bloomberg)

Alibaba, Aramco share sale bonanza fails to produce fee windfall for banks

3 min read . 21 Nov 2019