COMMENTARY

Crackdown on banks gives Hong Kong an IPO edge

IT may have taken a while, but Hong Kong finally showcased an investor-protection edge. The financial regulator banned UBS from leading market debuts for a year, and the Swiss bank and three of its peers will pay US$100 million in fines for shoddy due diligence on initial public offerings (IPOs...

COMMENTARY

KKR wades into South-east Asia's e-payments battle

KKR is taking sides in South-east Asia's tech battle. The US buyout giant is investing in a leading Filipino payments startup, Voyager Innovations, alongside internet giant Tencent....