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Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO

Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO

HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will be valued at up to $27 billion as it aims to raise up to HK$13.86 billion ($1.77 billion) in its Hong Kong initial public offering launched on Monday, according to the firm's filings.

Shein's pursuit of an IPO: From New York to London to Hong Kong

Shein's pursuit of an IPO: From New York to London to Hong Kong

Aug 24 (Reuters) - Online fast-fashion retailer Shein launched its long-awaited Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation of close to $27 billion.

Shein to pay nearly $40 million fees to expanded roster of Hong Kong IPO banks

Shein to pay nearly $40 million fees to expanded roster of Hong Kong IPO banks

By Selena Li HONG KONG, Aug 24 (Reuters) - Fast-fashion giant Shein said it would pay up to HK$306 million ($39 million) in total fees for an expanded line up of underwriters of its Hong Kong initial public offering, its prospectus showed on Monday.

Alibaba plans $10 billion Hong Kong share placement to fund AI spending

Alibaba plans $10 billion Hong Kong share placement to fund AI spending

Aug 23 (Reuters) - China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Aug 23 (Reuters) - China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.

Dollar pinned at multi-month lows as debt nerves unnerve investors

Dollar pinned at multi-month lows as debt nerves unnerve investors

By Tom Westbrook and Johann M Cherian Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S.

The NFL is going global. One country still owns its overseas history.

The NFL is going global. One country still owns its overseas history.

As the NFL plans a record nine international games in 2026, its history abroad shows one country still towering over every other host.

Dollar hovers near multi-month lows as debt nerves unnerve investors

Dollar hovers near multi-month lows as debt nerves unnerve investors

By Tom Westbrook and Johann M Cherian Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S.

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

Oil rises as Trump threatens sanctions on Iran partners

Oil rises as Trump threatens sanctions on Iran partners

By Anushree Mukherjee HOUSTON, Aug 21 (Reuters) - International and U.S. crude futures rose on Friday after U.S. President Donald Trump threatened economic sanctions on Iran's trading partners, raising expectations of tighter supply in the coming weeks.

US stocks rise as the bond market steadies a bit

US stocks rise as the bond market steadies a bit

U.S. stocks are rising and trimming their losses from what’s been a shaky week

Wall St rises on the day but falls for the week; bond yields and Iran in focus

Wall St rises on the day but falls for the week; bond yields and Iran in focus

By Sinéad Carew and Avinash P Aug 21 (Reuters) - The main U.S. stock indexes closed higher on Friday but posted weekly losses as investors were rattled by fluctuating government bond yields and a lack of clarity on progress in the Middle East.