Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

2021-07-05

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

Asian markets slip on report of possible trade-deal delay

2019-11-06

Asian markets were mostly down in early trading Thursday as investors reined in earlier optimism of a pending trade deal between the U.S. and China. Reuters reported Wednesday that the “phase one” deal, which was hoped to be signed in mid-November, might be delayed until December, and that European locations,Read More →

British pound climbs as likelihood of Brexit delay rises

2019-01-11

The British pound strengthened against the U.S. dollar and the euro on Friday after U.K. newspaper The Evening Standard reported that a delay to the March 29 Brexit was becoming increasingly likely. While the idea of a Brexit delay was refuted by Prime Minister Theresa May’s government earlier this week,Read More →