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Keppel secured fresh capital commitments of close to S$2 billion for its three flagship funds, representing around S$4.9 billion of funds under management (FUM). The target funds are…
Cambodia and China have signed a $1.2 billion deal to finance an ambitious canal project that aims to boost trade efficiency by linking a branch of the Mekong River near Phnom Penh to a…
The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion. The Federal…
Chapter, a Medicare advisory startup cofounded by Vivek Ramaswamy, announced on Wednesday it has closed on $75 million in Series D funding, at a valuation of $1.5 billion, backed by…
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion rupees (S$1.2 billion) from Warburg…
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade…
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in China, to be named CapitaLand Commercial C-Reit…
CapitaLand Investment (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8 billion yuan (S$499 million). The listing on the…
Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 billion deal to be acquired by Adobe…
DUBAI —Majid Al Futtaim has unveiled an ambitious $1.36 billion metamorphosis of the Mall of the Emirates, the original temple of luxury shopping that changed the Middle East’s retail…
Nvidia faces new US restrictions on the export of its H20 chip to China, a policy change that will cost the company billions of US dollars and hamstring a product line that it explicitly…
Harvard is the first university to reject President Donald Trump’s demands, which require the university to make sweeping changes in order to keep its $2.2 billion in federal funding, and…
Morgan Stanley and rival JPMorgan Chase are raising a combined US$14 billion in the US investment-grade market, the first of the six biggest banks on Wall Street to tap primary debt…
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral ties with the region Indonesian…
China’s box office continued to be dominated by “Ne Zha 2,” which grossed RMB471.9 million ($65.5 million) over the Feb. 28–March 2 weekend, bringing its cumulative total to $1.98 billion,…
Intel‘s promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany expected to not be completed until 2030, local media outlet The…
APOLLO Global Management is in talks to lead a roughly US$35 billion financing package for Meta Platforms to help develop data centres in the US, according to sources with knowledge of the…
Stripe on Thursday announced a tender offer for employees and shareholders that valued the company at $91.5 billion, nearly 41% higher than its valuation a year ago, potentially delaying…
PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software provider at as much as US$10 billion, including…
Shares of Yangzijiang Shipbuilding dived around 16 per cent on Thursday (Feb 27) morning, a day after it posted earnings and in a week when the US proposed to slap fees on Chinese-built…
JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider a rival…
INVESTORS yanked more than US$1 billion from spot Bitcoin exchange-traded funds (ETFs) on Tuesday (Feb 25), marking the biggest one-day outflow since the cohort’s debut last January.…
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3% 3M Co said on Wednesday (Feb 26) it would return at least US$10 billion in cash to shareholders and…
MAYBANK’S net profit for the fourth quarter rose 6.1 per cent to RM2.5 billion (S$764 million), supported by improved regional economic conditions, the bank said on Wednesday (Feb 26).…
