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IPOs - Asias Headlines

Southeast Asia's Biggest Startup Files for $1 Billion IPO, Sources Say - BBG

Southeast Asia startup Sea Ltd has filed for a potential U.S. initial public offering that could raise about $1 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. The company, which was earlier known as Garena, filed confidentially with the U.S. Securities and Exchange Commission and is looking forward to list itself in early 2018, Bloomberg said.

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U.S. visas issued to citizens of Trump travel ban nations continue to decline

WASHINGTON The United States issued about 50 percent fewer visitor visas in April to citizens of seven countries covered by President Donald Trump's temporary travel bans than it did in an average month last year, according to a Reuters analysis of preliminary government data released on Thursday.