GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
DayOne Data Centers has selected banks to help arrange a US initial public offering (IPO) that may raise about US$5 billion, sources said. The Singapore-based data centre operator…
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Baidu approves US$5 billion share buyback, first dividend
The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns U announced a three-year stock buyback programme of as much…
Trump sues JPMorgan, CEO Jamie Dimon for US$5 billion over alleged debanking
JPMorgan said it closes accounts that create legal or regulatory risk for the bank PRESIDENT Donald Trump filed a US$5 billion lawsuit against JPMorgan Chase and its CEO Jamie…
Paramount hikes Warner Bros breakup fee to US$5 billion
Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s offer, part of…
Citigroup faces US$5 million bill to transport its lead from Singapore
Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia Citigroup will move most of its lead stocks from Singapore to Malaysia or Taiwan…
India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom
Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity India’s Adani Group plans to invest up to US$5 billion in Alphabet-owned…
US: Wall St opens at near records levels as Nvidia hits US$5 trillion
Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an expected Federal Reserve rate cut and a wave of…
Nvidia storms past US$5 trillion valuation as AI boom powers meteoric rise
The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry Nvidia made history on Wednesday (Oct 29) as the…
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June Amazon.com is setting aside another US$5 billion for investment in…
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented path pioneered by Toyota Motor Hyundai Motor is…
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker Intel, eventually closing 17.8 per cent up. The…
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop up an ailing archrival. Nvidia will buy…
Starbucks China valued at about US$5 billion by bidders, sources say
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two people with knowledge of the…
Starbucks China reportedly valued at about US$5 billion by bidders
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two people with knowledge of the…
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon tap the debt markets again after it…
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffs Contemporary…
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President…
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up their IPO plans Ripple has proposed a…
China’s CATL to file for at least US$5 billion Hong Kong listing this week: sources
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two sources with direct knowledge of the matter. The filing…
KKR and Bain each bid more than US$5 billion for Seven & i assets: sources
PRIVATE equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan’s Seven & i Holdings, according to sources familiar with…
Battery-maker CATL considers Hong Kong listing to raise US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,…
GIC Picks JPMorgan to advise on US$5 billion Greenko stake sale
GIC is working with JPMorgan Chase to help advise on a strategic review of options including a sale of its 50 per cent stake in India’s Greenko Energy Holdings, people familiar with the…
Alibaba is said to consider offering US$5 billion of bonds
CHINESE tech conglomerate Alibaba Group Holding is considering an offering of bonds totalling the equivalent of about US$5 billion as soon as this month, people familiar with the matter…
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses. Client assets at retail brokerage Charles Schwab and the…