Business

Weibo IPO below expectations, raises US$285 million

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street. The firm, often described as China's version of Twitter, sold 16.8 million US depositary shares, according to Dow Jones Newswires, while a person familiar... Read More

The first copies of the inaugural Los Angeles Register newspaper run off the presses in Santa Ana, California yesterday. The newspaper, owned by Freedom Communications, will have 50-60 pages on weekdays and 80-90 pages on Sundays. – Reuters pic, April 17, 2014.

The first copies of the inaugural Los Angeles Register newspaper run off the presses in Santa Ana, California yesterday. The newspaper, owned by Freedom Communications, will have 50-60 pages on weekdays and 80-90 pages on Sundays. – Reuters pic, April 17, 2014.

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