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DaddyScope's Newsletter Archive

Wed, Jan 20 2021

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Singapore steps up bid to become Asia Spacs hub
The Financial Times – Tabby Kinder in Hong Kong and Mercedes Ruehl and Stefania Palma in Singapore – Jan 19, 4:01 PM

Singapore's stock exchange is accelerating plans to become the first major bourse in Asia to list special purpose acquisition companies, aiming to capitalise on a surge of foreign investment in fast-growing technology start-ups. SGX said it would…

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Kremlin says it will ignore western calls for Navalny's release
The Financial Times – Henry Foy in Moscow – Jan 19, 4:24 AM

The Kremlin has said it will ignore demands from western countries to release jailed opposition activist Alexei Navalny, and suggested that his call for supporters to protest against his incarceration was illegal. The US, UK and EU have condemned…

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Jack Ma makes first public appearance since Ant's cancelled IPO
The Financial Times – Ryan McMorrow in Beijing and Tom Mitchell in Singapore – Jan 19, 9:16 PM

Jack Ma has resurfaced in a short online video praising China's teachers, marking the first time the billionaire has been seen in public since the dramatic suspension of Ant Group's planned $37bn initial public offering. The Chinese tech…

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The American republic's near-death experience
The Financial Times – Martin Wolf – Jan 19, 9:02 AM

Here is what has happened. US president Donald Trump asserted for months, without evidence, that he could not be defeated in a fair election. He duly attributed his defeat to a rigged election. Four in five Republicans still agree. The president…

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Netflix signals stock buybacks to come as subscribers hit 200m
The Financial Times – Anna Nicolaou in New York – Jan 19, 1:36 PM

Netflix will no longer raise debt to fund its spending spree on television shows and films and may begin returning money to shareholders through buybacks, marking a milestone in the company's evolution as it said it had passed 200m subscribers.

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