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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

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