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Top Glove stock rises to 2-month high

Bloomberg Shares of the world’s largest rubber glove maker rose to a two-month high after the company cut its share sale in Hong Kong by nearly half of its earlier target, a move analysts said will minimise earnings dilution. Top Glove Corp climbed as much as 2.5% in Kuala Lumpur, the highest since February 23. The company, whose shares also ...

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Temasek joins Screwvala on path to next India unicorn

Bloomberg Ronnie Screwvala pioneered cable television in India in the 1980s and then built a unicorn that was acquired by Walt Disney Co. At 64, the entrepreneur’s latest venture UpGrad is speeding towards a landmark $1 billion valuation. The higher education and upskilling startup raised $120 million from Singapore-based investor Temasek Holdings Pte, according to its co-founder. That’s the first ...

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China looks to stoke US-India tension over virus response

Bloomberg With the US dragging its feet in offering India help to combat the world’s worst virus crisis, China is moving to drive a wedge between the democratic security partners. In a barrage of editorials, political cartoons and social-media posts in recent days, the Communist Party-backed Global Times newspaper blasted the US for failing to provide aid while calling on ...

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