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China fintech firm plans fate of $500mn IPO

2nd lead lexin fintech copy

Bloomberg LexinFintech Holdings Ltd., owner of Chinese online lending platform Fenqile, plans to meet advisers to discuss the fate of its proposed US initial public offering, people with knowledge of the matter said. The company aims to decide whether to imminently start its IPO roadshow or wait for a later date when market sentiment may be better, according to the ...

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Singapore aims to bolster its position as centre for debt restructuring hub

Former singapore president s r nathan passes away

Bloomberg Singapore has made “a good start” in its bid to become a debt restructuring hub in the region, with six workout cases filed before its courts after it adopted US Chapter 11-like incentives in local company laws this year, a senior government official said. Indonesian developer PT Bakrieland Development is set to complete its group restructuring after a plan ...

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Trump aims to limit Google, Facebook, liability in ‘NAFTA’

Smartphone apps

Bloomberg The Trump administration is pushing to add legal protections in NAFTA that would limit the liability of internet giants such as Google and Facebook, marking the latest in a tug-of-war as policy makers balance policing the web with protecting free speech. US Trade Representative Robert Lighthizer included the proposal in an updated US wish-list for the North American Free ...

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