Indonesia just had its biggest-ever IPO
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An e-commerce company has just pulled off Indonesia's biggest initial public offering ever. It's the latest sign that Southeast Asia's startup community is taking off.
Jakarta-based Bukalapak began trading on the Indonesian Stock Exchange on Friday after raising about $1.5 billion. That's the largest on record for that exchange, according to data provided by Dealogic. Indonesian telecom giant PT Telekomunikasi, also known as Telkom, raised nearly $1.7 billion in 1995, though that was in a multi-listing split across exchanges in Indonesia, the United States and the United Kingdom.
Ousted Venezuelan leader Nicolás Maduro entered a plea of not guilty in his first court appearance in New York as President Donald Trump threatens other countries with US action. Follow here for the latest.
Federal Emergency Management Agency leaders were told to prepare for a possible gutting of their workforce — by as much as half — in the coming months, according to an internal email sent to top FEMA officials last month.
The Department of Homeland Security said global hotel chain Hilton has launched a “coordinated campaign” to refuse service to agents by cancelling their room reservations in Minneapolis as the agency readies for escalated immigration enforcement there.
Critics of the US ouster of Venezuelan President Nicolas Maduro this weekend have regularly invoked President Donald Trump’s comments during the 2016 campaign.
The US is making plans to try to intercept a fleeing oil tanker that Russia has claimed ownership of, according to four people familiar with the matter, setting up a possible confrontation between Washington and the Kremlin over the vessel’s fate.
Minnesota Gov. Tim Walz is expected to speak on his political future today as he faces criticism over fraud allegations against day care centers.
Minnesota Gov. Tim Walz’s decision to abandon his bid for a third term has suddenly sparked one of the biggest political questions of the new year: Will Sen. Amy Klobuchar run for governor?
President Donald Trump’s second term entered a new phase over the weekend, with the administration launching a successful operation in Venezuela that captured its leader, Nicolás Maduro.
Minnesota Gov. Tim Walz will hold a news conference after announcing he won’t seek a third term. Follow here for live updates.
Secretary of Defense Pete Hegseth announced Monday that the Pentagon is taking administrative action to punish Sen. Mark Kelly, a retired Navy captain, by cutting his retirement pay for participating in a video where he and other Democratic lawmakers reminded US service members of their duty to refuse illegal orders.
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Minnesota Gov. Tim Walz is reconsidering whether to seek reelection to a third term and is expected to announce his decision at a Monday news conference, two senior Democrats told CNN, as criticism over a welfare-fraud scandal in his state intensifies.
One person is in custody and an investigation is under way following an incident at the Ohio residence of Vice President JD Vance, according to a federal law enforcement source.