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These come mainly from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger Singtel on Wednesday (Aug 13) posted a higher net profit for its first quarter ended Jun…
The Trump family began to tease the launch of World Liberty Financial last August, ahead of the 2024 US presidential election. Initially, it was unclear what services the business would…
Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year. The performance was…
Big investors are being sounded out on a plan for World Liberty Financial, the Trump family-backed venture, to set up a public company that would hold its WLFI tokens, joining the…
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented credit, talk endlessly about the opportunities in…
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend that could end up eliminating around half a…
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by political scrutiny and shareholder concerns.…
“Love Island USA” achieved its best viewership ever during the week of July 7-13, reaching 1.9 billion minutes watched. That total marked not only a series high for the Peacock reality…
The Environmental Protection Agency on Thursday terminated a $7 billion grant program that was intended to help pay for residential solar projects for more than 900,000 lower-income U.S.…
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia, China and Thailand, the real estate group said on…
Investor demand for the latest Astrea private equity (PE) bonds has surged, with total subscriptions surpassing S$3.4 billion across all three classes – 3.4 times the total US$780 million…
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset manager…
The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion. This comprises new issuances for short-term and long-term…
Manulife Financial agreed to buy a majority stake in Comvest Credit Partners, creating a US$18.4 billion private credit platform as the insurer accelerates its expansion into alternative…
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per cent year-on-year decline in its net profit of…
DBS’ net profit for the three months ended Jun 30, 2025 rose 1 per cent to S$2.82 billion, compared with S$2.79 billion from the year-ago period. Net interest income was higher, supported…
President Trump announced Wednesday an agreement by Apple to make its largest U.S. investment ever, spending an additional $100 billion over the next four years. Source link
Apple will invest an additional US$100 billion in the United States, taking its total pledge to US$600 billion over the next four years, US President Donald Trump said on Wednesday (Aug…
In the latest “Savage Fashion” podcast episode, WWD’s chief content officer Jim Fallon and fashion director Alex Badia sat down with Michael Kors to discuss his fashion-obsessed childhood…
President Donald Trump on Wednesday is expected to celebrate at the White House a commitment by Apple to increase its U.S. investments by an additional $100 billion over the next four…
Apple will announce a domestic manufacturing pledge of US$100 billion on Wednesday (Aug 6) that will focus on bringing more manufacturing to the US, a White House official said.…
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million,…
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results, suggesting that growth at its core…
Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025, marking a 36.7 per cent surge from 3.1 billion yuan…
