Culture
India's Adani Group to invest over US$88 billion in Rajasthan state
Indian conglomerate Adani Group will invest over US$88.53 billion in various sectors such as renewable energy and cement in the…
Tag
Billion
Fashion
US Bitcoin ETF inflows near US$10 billion since Trump election win
ALMOST US$10 billion has poured into US exchange-traded funds (ETFs) investing directly in Bitcoin since Donald Trump became…
Culture
Temasek unveils S$10 billion private credit entity
SINGAPORE’S state investment company Temasek said on Friday (Dec 6) that it has established a wholly owned private credit entity with an…
Culture
Temasek initiates wholly owned private credit platform of about S$10 billion
It will be led by Nicolas Debetencourt, head of credit and hybrid solutions at Temasek SINGAPORE investment company Temasek announced on…
Fashion
World Bank raises record US$100 billion for aid to poorest nations
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest…
Culture
Aviva is said to boost Direct Line takeover bid to £3.4 billion
AVIVA has increased its offer for Direct Line Insurance Group to about £3.4 billion (S$5.8 billion), days after its initial proposal to…
Fashion
US CFTC relief reaches record US$17.1 billion with crypto crackdown
The US Commodity Futures Trading Commission’s (CFTC ) fines and investor relief hit a record US$17.1 billion, largely due to the agency’s…
Fashion
Consortium proposes HK$55.2 billion privatisation of Hong Kong-listed ESR
A CONSORTIUM of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners has made an offer to take Hong Kong-listed…
Culture
GM sees US$5 billion hit to restructure troubled China business
GENERAL Motors will incur more than US$5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries…
Fashion
NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion…
Fashion
ESR buyout group said close to making US$7 billion binding bid
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate…
Fashion
ESR buyout group close to making US$7 billion binding bid: sources
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm,…
Fashion
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol…
Culture
HKBN shares jump after China Mobile makes HK$6.86 billion offer
HKBN shares jumped after China Mobile made a takeover bid that values the Hong Kong broadband provider at about HK$6.86 billion (S$1.2…
Fashion
Indonesia expects US$1 billion investment commitment from Apple in a week
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday…
Fashion
Standard Chartered targets US$200 billion in new wealth assets over next five years
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five…
Fashion
ExxonMobil is said to weigh sale of US$1 billion Singapore gas stations
OIL major ExxonMobil is considering a sale of its gas stations in Singapore, which could raise about US$1 billion, according to sources…
Fashion
US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent…
Culture
SpaceX discusses tender offer at roughly US$350 billion valuation
SPACEX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around US$350…
Fashion
Castle Water to offer £4 billion equity to rescue Thames Water
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from…
Culture
Yangzijiang Shipbuilding bags US$2.63 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said…
Fashion
Yangzijiang Shipbuilding bags US$2.6 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said…
Culture
Nomura CEO to seek 28 billion yen in extra cost reductions
NOMURA Holdings will seek 28 billion yen (S$250 million) in additional cost reductions, as chief executive officer Kentaro Okuda persists…
Culture
SingPost to divest Australia business at A$1 billion enterprise value
SINGAPORE Post (SingPost) has entered into a share purchase agreement to divest its Australian business at an enterprise value of A$1…