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The investment plan comes days after US President Donald Trump announced a 100% tariff on imported branded or patented drugs Eli Lilly plans to invest more than US$1 billion in India over…
Despite reporting record quarterly deliveries, Tesla faces worries that the expiration of the US EV tax credit could turn the buying rush into a trickle [AUSTIN, Texas] A group of Tesla…
The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900 jobs in a US$1 billion restructuring effort as…
Tonnes of microplastic granules from the ship have inundated an 80-kilometre stretch of beach along Sri Lanka’s western coast A Singapore shipping company said on Tuesday (Sep 23) that it…
Both its Hong Kong-listed shares and those traded on the SGX jump on Friday morning Shares of Chinese electric-vehicle (EV) maker Nio rose by more than 5 per cent on Friday (Sep 19)…
Shares of Chinese electric-vehicle (EV) maker Nio rose by 4.2 per cent on Friday (Sep 19) on the Singapore Exchange (SGX), after the company announced the completion of its US$1.2 billion…
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading. The billionaire bought…
Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche offshore yuan bond deal, according to two sources with direct…
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man Oracle’s shares rose on Thursday (Sep 11), adding to a record run in the previous…
Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that brought the company closer to the trillion-dollar mark and put co-founder Larry…
Oil prices settled higher on Wednesday by more than US$1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the US pushed for…
The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio plans to raise about US$1 billion through a share…
Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially worth around US$1 trillion, a massive package without precedent in corporate America. The…
The additional shares Musk could receive would push his stake in the EV maker to at least 25% [AUSTIN, Texas] Tesla proposed a new compensation agreement for chief executive…
Hitachi plans to invest US$1 billion to expand its US power grid infrastructure manufacturing, its energy unit said on Thursday (Sep 4), as the country faces record electricity demand from…
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets…
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the blockchain. This allows for near-instantaneous short-term…
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his hedge fund startup. Singapore-based Nexus…
Oil prices closed down nearly US$1 on Friday (Aug 15) as traders awaited talks between US President Donald Trump and Russian leader Vladimir Putin, which could lead to an easing of the…
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering clients a stake in Izzy Englander’s Millennium…
Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian oil field Tartaruga Verde, according to sources familiar with…
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the…
Nvidia’s advanced artificial intelligence chips worth at least US$1 billion were smuggled to China in the three months after Washington tightened chip export controls, the…
The shipping firm initially paid US$7.85 million for the immediate cleanup and as compensation for fishermen who were deprived of their livelihoods Sri Lanka’s highest court on…
