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Thinking Machines Lab, an artificial intelligence company founded by top researchers who fled OpenAI, has raised a record $2 billion seed round that values the fledgling firm at $12…
The units were acquired from substantial unitholder, ESR HK Management, which is part of ESR Group Aims Financial Group raised its stake in Aims Apac Reit to nearly 18.7 per cent, after…
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220 million in a financing round, valuing the company…
The world’s richest man is not happy with how the Trump administration is handling the Epstein files. Elon Musk has gone scorched earth on his ex-allies in the wake of a Department of…
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest rate cuts and continued fundamental strength…
President Trump is raising the visitor fees to national parks for foreign tourists with an executive order Thursday, a move the White House says will make park visits more affordable for…
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities within their prescribed limit China has…
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM has raised its revenue guidance for the first half…
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…
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 million …
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue currently…
On a day typically reserved for celebrating fathers, an Indian family from Noida is grieving the loss of theirs — the result of what they call a preventable tragedy involving a fatigued…
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and resilient margins despite a volatile macroeconomic…
Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on Tuesday, amid a global rush to amp up military spending. The…
And even if he is convicted, the Trump administration’s core problem remains: He cannot lawfully be deported to El Salvador unless a 2019 order is reversed. Source link
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more focused business strategy. This…
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of late-stage…
Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance giant’s second such…
Elon Musk was seen sporting a mysterious black eye during an Oval Office event to mark the end of his 130 days in the Trump administration, leaving social media users puzzled. The world's…
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a…
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its major lenders to raise the share of…
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. The local market has…
RA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a record annual profit on the back of the nation’s…
Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of 6,400. The research group also raised…
