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The country’s firms that had hoarded cash for years when growth was stagnant are now ramping up spending and acquisitions, making them some of the busiest drivers of global dealmaking this…
Earlier this year, while the U.S. government was cutting billions in foreign aid, a refugee education program called Yeti Confetti did something remarkable: It took a single grant and…
OpenAI has signed a multi-year deal with Amazon to buy $38 billion worth of AWS cloud infrastructure to train its models and serve its users. The deal is yet another sign of the AI…
The deal is among the first major moves by OpenAI since it completed a restructuring last week Amazon.com will supply OpenAI with cloud computing services under a multi-year US$38 billion…
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN Microsoft has signed an approximately US$9.7 billion deal to purchase AI cloud capacity from…
Lenskart Solutions began taking public orders for an initial public offering (IPO) that could raise as much as 72.8 billion rupees (S$1.1 billion) as India’s market for new listings heats…
More recently, other US companies have been building up their manufacturing presence in India, despite the political tension Ford Motor plans to invest about 32.5 billion rupees (S$477…
The development follows a deadly Air India crash in June that killed more than 240 passengers Air India is seeking at least 100 billion rupees (S$1.5 billion) in financial support from…
The development follows a deadly Air India crash in June that killed more than 240 passengers Air India is seeking at least 100 billion rupees (S$1.5 billion) in financial support from…
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of fiscal 2025 due to charges related to restructuring,…
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager CapitaLand India Trust (Clint) posted a…
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager CapitaLand India Trust (Clint) posted a…
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated yields Meta Platforms sold US$30 billion of…
Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family. The Lakers and the league…
Its outlook for net income for the fiscal year to end-March 2026 remained undetermined Nissan Motor said on Thursday (Oct 30) it expects to book a US$1.82 billion operating loss in the…
Japan’s anime industry reached an all-time high in 2024, climbing to JPY3.84 trillion ($25.25 billion) in total market value, according to data presented by the Association of Japanese…
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027…
Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which are driving up bills for millions of households.…
Meta recorded a nearly $16 billion onetime charge in the third quarter related to President Donald Trump’s so-called big beautiful bill, and said its capital expenditure next year would be…
Toyota was quick to pump the brakes on a claim President Donald Trump made this week regarding an alleged promise by the Japanese automaker to invest $10 billion in the U.S. “We didn’t…
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29) launched Innovation Banking in Singapore, targeting…
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June Amazon.com is setting aside another US$5 billion for investment in…
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese automaker said on Wednesday, a day after President…
Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion. Qorvo shareholders will receive…
