have generally opened their arms to fintech companies offering
online loans in Southeast Asia's biggest economy, viewing them
as a way of getting credit to tens of millions of people often
unable to access bank lending.
U.S. private equity firm Energy
and Minerals Group (EMG) on Monday kicked off its planned float
of Coronado Coal Group in Australia, seeking to raise up to
A$1.3 billion ($946.1 million) for 30 percent of the group.
U.S. private equity-owned coal
miner Coronado Coal Group said on Monday it would price shares
in its Australian IPO at between A$4.00 ($2.91) and A$4.80 per
share, valuing the company at up to A$4.4 billion.
The White House will hold a
meeting on Monday on U.S. government efforts to boost quantum
information science, with administration officials, leading
companies including Alphabet Inc, IBM Corp,
JPMorgan Chase & Co and academic experts taking part.
Dell Technologies Inc is
exploring an initial public offering (IPO) after shelving this
option earlier this year in favor of going public by buying back
a special type of stock from investors, people familiar with the
matter said on Sunday.
Australian shares are expected to open
lower on Monday, with mining stocks likely to be weighed down by
the weakness in iron ore prices.
Iron ore on the Dalian Commodity Exchange lost 0.3