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IPO

Stacks of dollar bills in dramatic light, representing the $30 billion OpenAI funding round
Business

OpenAI Funding Round: Why UAE Money Leads at $1.25 Trillion

OpenAI's funding round of up to $30B at $1.25T is led by UAE investors. Why it sits below earlier $1.4T…

Hong Kong skyline lit up at night across Victoria Harbour, the Hong Kong vs Singapore wealth race
Business

Hong Kong vs Singapore: The 0% Carry Tax Bet for Asia’s Money

Hong Kong vs Singapore: a 0% carried interest bill, an IPO boom and US$5.4 trillion in assets. Here's who is…

Red stock market screen showing losses after the Elice IPO debut
Business

Elice IPO Plunges 32%: Why 408x Retail Demand Didn’t Save It

Elice IPO drew 408x retail demand and 10 trillion won in deposits, then fell 32% on its Kosdaq debut. Here's…