Culture
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options HSBC is gauging investor demand…
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Culture
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s…
Culture
OpenAI, SoftBank invest US$1 billion in SB Energy as Stargate buildout expands
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500…
Business
Iran Used $2 Billion in Crypto to Run Its Militant Proxies in 2025
crypto scam, india scam. Photo by BeInCrypto Iran’s Islamic Revolutionary Guard Corps (IRGC) transacted more than $2 billion in…
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U.S. companies are ready to pony up $100 billion to build up Venezuela's oil infrastructure
U.S. oil companies are prepared to invest $100 billion to rebuild the oil infrastructure in Venezuela, President Trump announced Friday…
Culture
China’s GigaDevice Semiconductor locks top-end pricing in HK$4.68 billion Hong Kong listing
China’s GigaDevice Semiconductor has set an offer price of HK$162 per H share in its Hong Kong listing, raising HK$4.68 billion (S$772.5…
Culture
Is S$5 billion enough? Panel weighs impact of EQDP on Singapore equity valuations
There is agreement that the sum has kickstarted things, and that the challenge would be to keep up the momentum built in 2025 The idea of…
Blog
Trump moves to address housing costs by ordering feds to buy $200 billion in mortgage bonds
In a move he says will lower monthly mortgage costs and put more money in homeowners' pockets, President Trump has directed the federal…
Business
This $4 Billion Bridge Could Connect Asia And Africa In A Meaningful Way
For several decades, Egypt and Saudi Arabia have considered physically connecting their two countries using a massive sea bridge. The…
Culture
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed Hang Seng Bank shareholders on…
Culture
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related…
Culture
Six China IPOs debut in Hong Kong after raising HK$7 billion to cap banner year
With more than 300 companies filing to list, the momentum is set to carry into 2026 [SINGAPORE/HONG KONG] Six Chinese companies made their…
Culture
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia Citigroup said…
Culture
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others SoftBank will…
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U.S. to commit $2 billion to U.N. humanitarian efforts, as foreign aid cuts continue
The U.S. will contribute $2 billion to U.N. humanitarian aid in 2026, the State Department said Monday. Source link
Culture
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields India is seeking over US$30…
Culture
BOJ cuts monthly bond purchase amount by 400 billion yen
The Bank of Japan on Friday (Dec 26) announced a 400 billion yen (S$3.28 billion) reduction in its monthly bond purchases, continuing its…
Culture
Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway
The government has said the winner of the North-South railway will be announced in January Vietnam’s largest conglomerate, Vingroup, said…
Culture
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES)…
Culture
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt BP said on Wednesday (Dec…
Culture
Sanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis B and an…
Culture
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates ServiceNow has…
Culture
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee India’s central bank…
Business
Hezbollah 'dissatisfied' with Iran funding, demands for $2 billion in post-war aid
Over the last year, Tehran transferred hundreds of millions of dollars to Hezbollah to provide its force rehabilitation due to downsizing…