Big Hit Entertainment, the music
label of South Korean boy band BTS, has chosen JPMorgan,
NH Investment and Securities and others to handle
its initial public offering (IPO), according to media reports.
New Zealand's central bank
said on Tuesday that cyber attacks could wipe off about 2% to 3%
of the profits of the banking and insurance industries each
year, highlighting the need for the industry to counter these
U.S. government officials are still
considering ways to further curb sales to China's Huawei
Technologies, despite President Donald Trump's tweets
and comments last week in support of sales to China, according
to people familiar with the matter.
JPMorgan Chase & Co
executives plan to announce new climate-change initiatives on
Tuesday, including restrictions on financing coal mining and
Arctic drilling, as well as a $200 billion target to provide
financing for sustainable projects.
Digital banking app Revolut has
raised $500 million in a fresh funding round, confirming the
British-based business as one of the world's most valuable
financial technology firms with a valuation of $5.5 billion.