The Los Angeles Post
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Today: April 22, 2025
Today: April 22, 2025
Scott Murdoch

Scott Murdoch

Staff Writer

Latest From Scott Murdoch

Asia|Australia|Business|Economy|Finance|Stock Markets

Chinese tea firm Chagee raises $411 million in US IPO

Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its initial public offering in the United States, the company said

Chinese tea firm Chagee raises $411 million in US IPO
Australia|Business|Economy|Finance

Australian casino operator Star says first-half loss widened as woes mount

Australia's embattled casino operator Star Entertainment reported a bigger-than-expected first-half loss on Tuesday, as remediation costs continue to bite even though it

Australian casino operator Star says first-half loss widened as woes mount
Australia|Business|Economy

Bally's swooped for Star after Australian casino group's fire sale, chairman says

Bally's Corp considered waiting for Star Entertainment to enter voluntary administration before investing but feared the Australian casino group would have been too

Bally's swooped for Star after Australian casino group's fire sale, chairman says
Business|Economy|Finance|Political|US

JPMorgan analyst says he now tempers public comments on US tariffs

A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full

JPMorgan analyst says he now tempers public comments on US tariffs
Australia|Business|Economy|Finance

Australia casino group Star Entertainment agrees $180m Bally's rescue bid

Australian casino group Star Entertainment said on Monday it had agreed to a A$300 million ($179.70 million) rescue package from U.S. group Bally's that will hand over

Australia casino group Star Entertainment agrees $180m Bally's rescue bid
Australia|Business|Finance|Stock Markets

ASX to face investor push back on dual-class listing plans - again

Australia's plan to introduce dual-class share trading to help revive its weak listing market faces resistance from investors concerned the structure would give too

ASX to face investor push back on dual-class listing plans - again
Australia|Business|Economy|Finance

Australia's Star eyes Bally's lifeline after failing to secure new debt package

Australia's Star Entertainment on Wednesday said it was exploring a lifeline from by U.S. casino group Bally's Corp after an up to A$940 million ($590 million)

Australia's Star eyes Bally's lifeline after failing to secure new debt package
Asia|Business|Economy|Finance|Stock Markets

China's Luxshare weighing Hong Kong listing this year, sources say

China's Luxshare Precision Industry, maker of Apple AirPods, is considering a Hong Kong listing this year, three people familiar with the matter said

China's Luxshare weighing Hong Kong listing this year, sources say
Australia|Business|Economy|Finance|Stock Markets

Virgin Australia executives set to meet investors ahead of re-listing, says source

Virgin Australia executives will begin meeting with prospective investors on Tuesday ahead of a potential relisting of the Bain Capital-owned airline, according to a person

Virgin Australia executives set to meet investors ahead of re-listing, says source
Asia|Business|Economy|Finance|Stock Markets|Technology

China's Xiaomi raises $5.5 billion in share sale as EV plans ramped up

China's Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing

China's Xiaomi raises $5.5 billion in share sale as EV plans ramped up

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