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Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix Paramount Skydance on Monday (Dec 9) launched a hostile bid worth US$108.4 billion for Warner Bros…
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8) that BlackRock-owned Global Infrastructure Fund (GIP)…
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents Two Chinese men are in custody for allegedly smuggling Nvidia H100 and…
VinFast, despite its ongoing global expansion, continues to report widening losses Vietnam’s largest conglomerate Vingroup on Tuesday (Dec 9) signed a memorandum of understanding with…
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining facility, in a bid to strengthen energy supply…
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US…
The Hong Kong securities regulator and the stock exchange said that they have jointly asked investment banks to ensure that they maintain the quality and standard of initial public…
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal Reserve could strike a more hawkish tone on next…
Asia’s private credit market is projected to grow 46% to US$92 billion by 2027, according to a report. Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had…
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 9): OCBC: The bank’s mezzanine capital unit announced on Monday that it has…
Nvidia shares rise 2% in after-hours trading after announcement; US president says same approach will apply to AMD, Intel The United States will allow Nvidia’s H200 processors, its…
New-energy vehicles are on track to account for more than half of the country’s new-car sales this year for the first time More first-time car buyers in China want to buy battery electric…
Singapore has a ‘big chance’ to become a bigger financial hub in the coming years, he says in first visit to city-state since 2022 When JPMorgan chief executive Jamie Dimon wants to get a…
Global banking titan believes Singapore has big chance to be bigger financial hub; talks about succession, AI and US economy When JPMorgan chief executive Jamie Dimon wants to get a pulse…
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday (Dec 8), with higher bond yields weighing slightly…
Alina Habba stepped down as President Trump's pick to lead the U.S. Attorney's Office for the District of New Jersey. Habba faced a string of court losses while trying to secure her…
A woman with family ties to White House press secretary Karoline Leavitt has been released on bond from a U.S. Immigration and Customs Enforcement (ICE) detention center in Louisiana. The…
A wealthy American college student stabbed and killed his girlfriend in her London flat and then, instead of calling 999, phoned his father to ask for a lawyer while she was still dying on…
A Cinnabon staffer who was fired from her job after being caught on video hurling racist insults at a Somali couple inside a Wisconsin mall has been identified as a 43-year-old mother.…
Move reflects Malaysian giant’s ‘already-weak position’ due to prolonged deleveraging amid slow earnings recovery, says ratings agency Ratings agency Moody’s has on Monday (Dec 8)…
Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position in 2026, said Dilhan Pillay, executive director…
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec 8) it will buy data infrastructure company…
The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara An Indonesian government task force has ordered dozens of companies in palm oil…
The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben Bernanke. The UK central bank has invited staff…
