Fashion
India’s Adani Group sees US$22 billion in value wiped off after US indictments
SHARES of Adani Group companies lost about US$22 billion in market value in early trade on Thursday (Nov 21) after US prosecutors charged…
Tag
Billion
Fashion
US indictments scythe US$27 billion off value of India’s Adani Group firms
ADANI Group companies lost about US$27 billion in market value on Thursday (Nov 21) after US prosecutors charged the Indian conglomerate’s…
Fashion
Kioxia market value set at 750 billion yen, Japan chipmaker to receive listing approval: sources
BAIN-BACKED Kioxia will have a market value of about 750 billion yen (S$6.5 billion) based on the indicative price for its initial public…
Fashion
Canada’s Manulife signs C$5.4 billion reinsurance deal to lower risk
CANADA’S Manulife Financial will reinsure C$5.4 billion (S$5.2 billion) of its reserves as it looks to transfer some risk from its…
Culture
Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Fashion
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Culture
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55…
Culture
Hot stock: Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising
It remains the top-traded counter in terms of value by mid-day trading break on Wednesday UNITS of Keppel DC Real Estate Investment Trust…
Culture
Keppel DC Reit’s upsized private placement closes at S$2.09 apiece; equity fundraising totals S$1.1 billion
KEPPEL DC Real Estate Investment Trust (Reit) closed its private placement at S$2.09 apiece with 334.9 million new units issued, said the…
Fashion
US$3 billion raised by S-E Asia IPOs is lowest in almost a decade: Deloitte
But regional outlook for 2025 remains rosy as expected interest rate cuts could create a more favourable environment for listings…
Culture
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34…
Culture
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to…
Fashion
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a…
Fashion
Keppel DC Reit to acquire data centres from Keppel for S$1.4 billion
KEPPEL DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two data centres from a Keppel joint venture…
Culture
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two artificial intelligence…
Business
Brazil development bank signs deal with AIIB for nearly $3 billion in investments
(Reuters) - Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB)…
Fashion
ST Engineering Q3 revenue up 14% at S$2.8 billion; interim dividend at S$0.04 per share
ST Engineering’s revenue for the third quarter ended September rose 14 per cent to S$2.8 billion, from S$2.4 billion in the previous…
Lifestyle
Outgoing Liberty Media CEO Responds To $20 Billion F1 Sale Rumors
Liberty Media CEO Greg Maffei, who will be stepping down from the role imminently, has quashed rumors about a potential $20 billion sale…