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Azalia King moved into an upstate New York home surrounded by sprawling cattle pastures around 1965, about the time that mass production of the world’s first microchips began. Now, 60…
Digital bank Revolut has concluded fundraising – comprising secondary share sales for employees and fresh capital – bringing its valuation to US$75 billion. Investors that led the…
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the United Arab Emirates are raising billions through a…
Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah’s bags and jewellery The Singapore High Court has dismissed an application by Standard…
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services Macquarie Asset Management offered…
Google has 44 data centers in operation or in development around the world, but as demand for AI and the need for compute capacity grows, the company is getting started on three more. This…
Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres Foxconn said on Friday (Nov 21) that a US$1.4 billion supercomputing centre it…
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the same period a year earlier, the company said on…
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the same period a year earlier, the company said on…
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets Indonesia’s largest social security fund is poised to invest as much as 5 per cent of its nearly…
Hong Kong’s stock rally faces a looming test, as year-end expirations of share-sale restrictions threaten to spur volatility and prompt investors to lock in gains. A total of 28 companies…
Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop maker looks to strengthen its marketing tools and attract brands with…
Automotive giant Hyundai’s plan to invest US$26 billion in the US between 2025 to 2028 will continue as planned. This is even after its workers were detained in an immigration raid at a…
The future couldn’t look more vertical than from the 76th floor of the Lotte Tower, the sixth tallest building in the world, where microdrama key stakeholders attended the conference…
The massive investment comes a month after Nvidia announced it will pump as much as US$100 billion into OpenAI NVIDIA and Microsoft announced on Tuesday investments totaling US$15 billion…
Members of the Sackler family who own OxyContin maker Purdue Pharma must pay billions of dollars to settle a flood of lawsuits over the harms of opioids, under a new deal that was formally…
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paintmaker AkzoNobel said on Tuesday (Nov 18) that it plans to merge with paintmaker Axalta…
Malaysia’s IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with…
Malaysia logs the highest number of new listings, with 48 issues raising US$1.1 billion in 2025 so far Singapore has emerged as South-east Asia’s biggest initial public offering (IPO)…
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses on AI for engineering and manufacturing of computers, automobiles, and spacecraft,…
Johnson & Johnson has agreed to buy the cancer treatment biotech Halda Therapeutics for US$3.05 billion cash, part of a strategy to cope with eroding sales for its major psoriasis drug.…
Amazon.com is seeking to raise about US$12 billion through a debt offering – its first such deal in US dollars in about three years – amid an industry-wide race to build artificial…
The timing and amount of the buybacks will be determined based on market conditions and other factors, it says Consumer Internet company Sea on Monday (Nov 17) announced its first share…
