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One could say the number “15” is a rather auspicious one for Marina Bay Sands (MBS) and its parent company, Las Vegas Sands (LVS). By the time MBS completes work on its new ultra-luxury…
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial Group (SMFG) is considering making an…
PARIS — French knitwear brand Molli revealed Tuesday that it has received a minority investment from LVMH Luxury Ventures, an entity within LVMH Moët Hennessy Louis Vuitton. The terms of…
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking. When JPMorgan Chase, Citigroup and Wells Fargo kick…
President Trump told the leaders of five African nations on Wednesday that he wants to rebuild relationships with their countries that are based more on trade and less on U.S. aid. Source…
A weakening US dollar and volatile equity markets were among the hotly-discussed themes at Fidelity International’s Asia-Pacific Media Investment Conference in Hong Kong on Thursday (Jul…
The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global…
Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business.…
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said on Tuesday (Jul 1) it had completed…
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities within their prescribed limit China has…
Black beauty brand founders are facing waning support. Founders and executives told WWD that the galvanization they saw in the wake of George Floyd’s murder has decelerated, largely in…
When it comes to sniffing out the future, investors are looking Eastward. Strategics’ venture capital arms are increasingly placing small bets on niche Asian fragrance brands being the…
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with…
A few years ago, I decided to forego my daily coffee ritual in favor of matcha because I realized it was negatively impacting my health. Once I stopped guzzling down lattes and cold brew…
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday. Two sources familiar with the matter said that Meta’s…
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). CapitaLand Investment (CLI): The manager of CapitaLand China Trust (CLCT), a…
BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to investors during a period of geopolitical flux.…
LONDON — Healf, a leading online retailer selling premium wellness products, has closed a multimillion-dollar funding round led by Iris Ventures, an international growth equity firm…
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS Venkatakrishnan’s plan to boost the profitability of the…
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional investors for its value-add lodging private fund,…
The following companies saw new developments that may affect trading of their securities on Monday (Jun 9). OCBC: The bank has made a S$900 million conditional exit offer at S$30.15 per…
Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter. The financing could exceed…
Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Chatsworth company that’s been around for more than two…
Just a year after re-assuming her role as chief executive officer, Huda Beauty founder Huda Kattan is tacking on “owner” to her title, too. The super influencer was among the first wave of…
