Ant Group final approvals for its massive Hong Kong, Shanghai IPO

GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead. That came after the Hong Kong stock exchange also gave its approval for the offshore portion of the listing. The…

"Ant Group final approvals for its massive Hong Kong, Shanghai IPO"

Voyager crypto broker set to open to Europe after LGO merger

Crypto broker Voyager has teamed up with LGO, a European digital asset exchange focused on institutions.  “LGO and Voyager will merge their services and offering under the Voyager brand, to offer a premium experience to retail cryptocurrency investors, in the US and in Europe,” LGO CEO Hugo Renaudin told Cointelegraph. “European clients will be able to access the Voyager app using the LGO regulatory setup in Europe, and both LGO and VGX tokens will be merged…

"Voyager crypto broker set to open to Europe after LGO merger"

Iran Seeking to Intimidate U.S. Voters With Spoofed Emails, Intelligence Official Says

WASHINGTON—Iran is responsible for a barrage of emails sent to Americans that purported to be from a far-right group and were intended to intimidate voters and incite social unrest ahead of the presidential election, U.S. officials said. The emails were sent to Democratic voters in several battleground states such as Florida and Pennsylvania and were intended to appear as though they were written by the far-right group the Proud Boys, according to people familiar with…

"Iran Seeking to Intimidate U.S. Voters With Spoofed Emails, Intelligence Official Says"

Quibi Is Shutting Down Barely Six Months After Going Live

Quibi Holdings LLC is shutting down a mere six months after launching its streaming service, a crash landing for a once highly touted startup that attracted some of the biggest names in Hollywood and had looked to revolutionize how people consume entertainment. The streaming service, which served up shows in 5- to 10-minute “chapters” formatted to fit a smartphone screen, has been plagued with problems since its April debut, facing lower-than-expected viewership and a lawsuit…

"Quibi Is Shutting Down Barely Six Months After Going Live"

In China, Not All Triple-A-Rated Bonds Are Created Equal

China’s credit-rating firms are doling out more triple-A bond ratings, a trend that has continued this year in spite of the coronavirus pandemic and greater borrowing by companies in the world’s second-largest economy. As of mid-October, more than 18.3 trillion yuan, equivalent to $2.7 trillion, in outstanding yuan-denominated bonds issued by companies and financial institutions in mainland China had the highest possible rating from the country’s credit raters, according to data provider Wind and asset…

"In China, Not All Triple-A-Rated Bonds Are Created Equal"