Medline’s $6.3B IPO tops global listings in 2025 as US equity markets regain momentum
Medical-supplies distributor Medline has raised $6.26 billion in an initial public offering, claiming the title of the largest IPO of the year and securing a valuation of more than $50 billion. The US-based company, backed by private equity groups Blackstone,
Why China’s traditional growth model is breaking down
For most of the past two decades, China’s economy could solve slow growth by pulling one of three levers. It could push investment, lift property, or sell more to the rest of the world. Today, one lever is broken, another
Supply fears push lithium futures to highest price since June 2024
Lithium prices in China experienced a sharp increase on Wednesday following a significant regulatory action by the natural resource authority overseeing the country’s primary lithium-producing region. The authority announced its decision to revoke 27 existing mining licences, according to a Reuters
India’s Delhi orders office attendance limits, construction halt amid severe air pollution
Authorities in Delhi have implemented stringent measures to combat the escalating pollution crisis. Among the key initiatives rolled out on Wednesday is a ban targeting vehicles that fail to comply with the latest emission control norms, signalling a strong push towards
Banks’ real estate exposure slips
Buildings and homes are seen in Pasig City, Jan. 12. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Katherine K. Chan PHILIPPINE BANKS and trust entities’ exposure to the property sector slipped at the end of September, amid a decline in real estate investments,
House approves bill amending bank secrecy law on second reading
BW FILE PHOTOTHE HOUSE of Representatives on Monday approved on second reading a bill amending the Philippines’ decades-old bank secrecy law, allowing the Bangko Sentral ng Pilipinas (BSP) to look into the accounts of bank officers and employees involved in
IPO activity stalls in Philippines amid market slump and fallout from flood control scandal
BW FILE PHOTOBy Alexandria Grace C. Magno INITIAL PUBLIC OFFERINGS (IPOs) on the Philippine Stock Exchange (PSE) slumped to just two this year as uncertainty over US tariffs and a high-profile corruption scandal weighed on investor sentiment, according to analysts. Only two