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By Paulina DuranSYDNEY (Reuters) - U.S. family tracking app operator Life360 has begun approaching potential investors for a listing in Sydney, fund managers said on Monday, valuing the company at up to $675 million in what could be Australia's biggest technology IPO in three years.Opting for an Australian listing, where the startup already has a number of institutional investors, Life360 plans to raise about $100 million via an initial public offering (IPO) by mid-year, current investors said.That would be the largest amount since wealth management software provider Bravura Solutions Ltd ...
Release time : 2019 - 04 - 04
Clickcount : 29
MELBOURNE (Reuters) - Australia's new budget will include an additional A$550 million ($390 million) to boost funding for policing the country's financial sector, Treasurer Josh Frydenberg said on Saturday.The funds are to boost implementation of recommendations issued earlier this year by a high-powered inquiry into financial sector greed and malpractice.The government-appointed inquiry, known as a Royal Commission, recommended among other things for Australia's corporate regulators to be subjected to a new oversight body and that remuneration structures across the industry be ove...
Release time : 2019 - 03 - 27
Clickcount : 21
Senior official calls on nations to 'inject new strength into the world economy'China has called for an open global business environment and reiterated its commitment to further encourage outbound investment from capable domestic companies in accordance with international market principles and practices, a senior commerce official said on Tuesday.Qian Keming, vice-minister of commerce, said the rise of protectionism in some countries has not only caused tightened security reviews of foreign investment, but also had an impact on Chinese businesses operating overseas.'We hope those c...
Release time : 2019 - 02 - 15
Clickcount : 50
Management, says he hopes financial innovation will flourish with support from both the authorities concerned and people. [Photo provided to China Daily]Blue Stone AMC head says favorable policy can make financing easier for private firmsIncentives through policy, and licenses for private funds, can better support China's financial market and real economy now as the country is already expanding both domestic and overseas investment channels for Chinese companies, the top executive of a major private fund said.Any new measures as part of China's reform and opening-up policy would help s...
Release time : 2019 - 02 - 15
Clickcount : 46
Xi, Trump exchange messages, voice hopes on future growth of relationsRelations between China and the United States are 'at a vital stage', said President Xi Jinping in describing the current bilateral ties after 40 years of development.As Tuesday marked the 40th anniversary of the establishment of diplomatic ties between Beijing and Washington, both Xi and his US counterpart Donald Trump hailed the tremendous progress that China-US relations have made over the past four decades as they exchanged congratulations on the event.Both leaders expressed the importance they placed on advancin...
Release time : 2019 - 02 - 15
Clickcount : 48
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