Business
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has…
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Business
Business
Richard Li’s FWD plans buyback of US$900 million bond via new debt
The company will use the net proceeds of the five-year and 10-year notes for general corporate purposes, including refinancing the 8.4%…
Business
Tencent appoints banks for first bond sale in four years
The company is proposing to sell offshore-yuan denominated notes with five-year, 10-year and 30-year tenors as early as Tuesday Chinese…
Business
BYD’s US$45 billion stock wipeout raises doubts on China outlook
BYD faces pressure to restore investor confidence after a US$45 billion stock sell-off, with growing concerns over its ability to fend off…
Business
UltraGreen.ai secures US$188 million investment round led by 65 Equity Partners and Vitruvian Partners
UltraGreen.ai has secured a US$188 million investment round led by 65 Equity Partners and Vitruvian Partners. Other investors in the round…
Business
Oil holds gains as investors eye impact from attacks on Russian energy facilities
Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could…
Business
Gold prices steady near record high ahead of Fed rate decision
The US central bank’s policy meeting this week comes amid challenges, including a legal dispute over its leadership and efforts to confirm…
Business
Jardine C&C subsidiaries to acquire Indonesian gold mining company for US$540 million
Two of its subsidiaries have agreed to acquire Indonesia-incorporated gold mining company Arafura Surya Alam Jardine Cycle & Carriage on…
Business
Jardine C&C units to acquire Indonesian gold mining company for US$540 million
Two of its subsidiaries have agreed to acquire Indonesia-incorporated gold mining company Arafura Surya Alam Jardine Cycle & Carriage on…
Business
Jardine C&C group aims to strike gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Jardine C&C aims to strike gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Jardine C&C goes for gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Q&M Dental subsidiaries propose entering JV to offer laboratory services
Under that, Q&M Dental (Shenyang) will own a 49% stake and Singapore Dental Cadcam Laboratory will hold 51% Two subsidiaries of Q&M Dental…
Business
Trump expects a ‘big cut’ from Federal Reserve this week
Recent weak economic reports are raising concerns that the labour market may slide into a deeper slowdown, threatening consumer spending…
Business
Stocks to watch: Seatrium, Jardine C&C, Q&M Dental, Aoxin Q&M
The following companies saw new developments that may affect trading of their securities on Monday (Sep 15): Seatrium: The offshore and…
Business
Stocks to watch: Seatrium, Jardine C&C, Q&M Dental, Aoxin Q&M, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Monday (Sep 15): Seatrium: The offshore and…
Business
China unveils plan to ‘stabilise’ auto sector growth
Beijing has invested massively in recent years to support the development of the country’s electric vehicle industry China unveiled a plan…
Business
Taiwan insurers may boost FX hedging to protect foreign assets
Wagers on local dollar gains, along with stronger demand for protection, can drive up non-deliverable forward premiums Taiwan’s life…
Business
ANZ to pay A$240 million fine on bond errors, retail mistakes
Asic and the bank will ask the Federal Court to impose the penalties in relation to four separate proceedings spanning misconduct across…
Business
Markets gear up for series of Fed cuts with bullish bets at risk
Markets have also priced in reductions continuing deep into 2026 to ward off a recession A key question for investors this week is whether…
Business
Boustead bets on Reit launch, geospatial boom to drive growth
The engineering and technology group aims to unlock real estate value and ride the transformation of geospatial industry Boustead…
Business
Coliwoo eyes 10,000 rooms by 2030 as it gears up for SGX listing
The co-living space’s popularity has significantly contributed to its parent LHN’s net profit of S$14.1 million for the first half of…
Business
Korean beauty sector’s glow-up drives private-equity deals boom
Recent investments by Blackstone and KKR could help push deals made this year in sector past those in 2024 From a premium hair salon chain…
Business
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a…