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Finance & Markets

Quest Global Said to Pick Banks for $1 Billion India IPO

Carlyle Group Inc.-backed Quest Global Services Pte has hired banks for an initial public offering in Mumbai that could raise as much as $1 billion, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Korean Companies Build Cash as Households Shift Funds Into Stocks

South Korea’s money supply continued to expand for an eighth consecutive month in June, driven by a sharp increase in liquidity held by companies, while household funds shifted from monetary financial…

  • South Korea's M2 money supply grew 0.7% in June, highest since Nov 2025
  • Corporate liquidity surged 45.7 trillion won, mainly from semiconductor export profits
  • Households reduced M2 holdings by 19.8 trillion won, moving funds to stocks and ETFs

SK hynix Faces Governance Questions Over Potential Solidigm IPO

SK hynix is facing growing governance scrutiny after reports emerged that its U.S. subsidiary Solidigm is reviewing a potential pre-IPO fundraising and a future Nasdaq listing, reviving concerns in…

  • SK hynix's U.S. subsidiary Solidigm may raise $3.54-$7.1 billion in pre-IPO round.
  • Korea Corporate Governance Forum criticizes potential five-layer shareholding structure.
  • SK hynix's stock declined 4.9% as of August 13 amid governance concerns.

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