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Singapore’s PropertyGuru plans to raise $257m, Australian listing

Bloomberg PropertyGuru Pte, a Singapore-based provider of online real estate classifieds, plans to raise as much as A$380.2 million ($257 million) and list on the Australian stock exchange. The shares’ indicative price range is between A$3.70 and A$4.50, giving a market capitalisation at the upper end of around A$1.36 billion, the company’s October 7 prospectus shows. A book build to ...

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Taiwan exports unexpectedly fall

Bloomberg Taiwan’s exports registered an unexpected contraction in September as rising shipments to the US and Japan were not enough to offset a steep fall in trade with China. Overseas shipments from Taiwan fell 4.6% on year in September driven by weak international demand for metals, plastics and machinery, according to a statement from the Ministry of Finance. Economists had ...

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China beckons as next big market for orange juice

Bloomberg China could be the panacea for an orange-juice industry grappling with sliding sales in developed markets, at least for low-cost producers not caught up in trade wars. Citrosuco fits that description. The Brazilian company produces twice as much as the entire Florida industry, at about a third of the cost. For decades, it has sold the commodity to well-known ...

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