Tag
JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The investment plan revealed Monday will focus on four areas: supply chain…
Singapore real estate investment trusts, or S-Reits, have been experiencing strong equity fundraising (EFR) this year, with the total amount from primary and secondary activities reaching…
Singapore real estate investment trusts, or S-Reits, have been experiencing strong equity fundraising (EFR) this year, with the total amount from primary and secondary activities reaching…
(Bloomberg) – Cryptocurrency prices tumbled after US President Donald Trump said he would impose an additional 100 per cent tariff on China and export controls on software. Traders saw…
The ECB has presented the digital currency as an alternative to US-dominated means of payment A digital euro could drain up to 700 billion euros (S$1.1 billion) in deposits during a run on…
Moody’s cuts Nouryon’s Q4 estimates amid macro uncertainty and weak demand in construction markets Speciality chemicals producer Nouryon has withdrawn a dual-currency leveraged loan deal…
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors After spending the past year shedding thousands…
When a winter storm took out the power grid across Texas in 2021, Matt Popovits and his family didn’t have electricity for four days and didn’t have heat in the record cold. “We spent the…
PARIS — The global resale market for fashion and luxury goods is continuing to soar, projected to reach between $320 billion and $360 billion by 2030, according to a new study by Boston…
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is proposing to acquire the rest of Hang Seng Bank as…
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating range HSBC Holdings plans to take Hang Seng Bank…
The US’ tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing Graphcore, the British chip designer owned…
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to people familiar with the matter. The Shandong-based…
Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it remained in negative equity and did not pay a…
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese investment firm’s interest in the burgeoning…
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder…
Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve the technology The Elon Musk-backed artificial…
Vietnam's trade turnover is already exceeding expectations, and it is expected to reach a historic milestone of over $900 billion in 2025. Minister of Industry and Trade Nguyen Hong Dien…
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people…
A combined entity would become one of the largest lenders in Europe by assets, with about one trillion euros [MADRID/LONDON] BBVA has eight billion euros (US$9.4 billion) in capital for a…
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency Thailand’s Cabinet on Tuesday (Oct 7) approved a…
Shares of DBS climbed as much as 2.3 per cent on Tuesday (Oct 7) morning, driving its market capitalisation beyond S$150 billion. The counter hit S$54.42 as at 11.15 am, continuing a rally…
Shares of DBS soared more than 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit S$54.80 at market close, continuing a rally that has…
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201 billion) fund. The two pensions have signed a…
