Business
Masayoshi Son becomes Japan’s richest with US$55 billion fortune
Uniqlo billionaire Tadashi Yanai has been at the top of the country’s ranking for most of the past decade, and continuously since April…
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Business
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29)…
Business
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…
Business
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese…
Business
Blackstone, Saudis’ Humain ink US$3 billion data centre deal
Middle Eastern entities have also emerged as a particularly crucial source of funding for the capital-intensive sector Private equity…
Business
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from…
Business
Temasek-backed consortium to take China’s ANE private at HK$14.33 billion valuation
[SINGAPORE/HONG KONG] ANE (Cayman) said on Tuesday (Oct 28) a consortium comprising its largest shareholder, Singapore’s Temasek Holdings,…
Business
Singapore's Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on…
Business
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its…
Business
SGX ETF market hits record S$16.3 billion AUM in Q3 on strong gold, Reit demand
It records net inflows of S$736 million in the quarter, bringing the total to S$1.4 billion in the year to date The exchange-traded fund…
Business
Foxconn to invest up to NT$42 billion in AI compute cluster, supercomputing centre
The investment will be made from December 2025 to December 2026 using its own funds Taiwan’s Foxconn said that its board of directors has…
Business
Amazon to invest US$1.6 billion in Dutch operation
Amazon plans to invest US$1.63 billion in the Netherlands over the next three years, the company said on Monday (Oct 27). The investment…
Business
Meituan seeks to raise US$3 billion in dual-currency bond sale
The company operates online platforms for food delivery and other consumer products Meituan plans to raise around US$3 billion in what…
Business
Hong Kong Jockey Club sells US$1 billion portfolio to Canada firm
The entity has multiple exclusive legal betting licenses granted by the government on activities including horse racing and football…
Business
Huawei EV partner Seres seeks HK$13.2 billion in Hong Kong listing
Seres Group started taking investor orders for a Hong Kong listing that may raise as much as HK$13.2 billion (S$2.2 billion), making the…
Business
SoftBank-backed Lenskart IPO to raise as much as 72.8 billion rupees
The eyewear retailer is the latest big name to go public in the country, coming on the heels of two billion-dollar IPOs this month Eyewear…
Business
HSBC to book US$1.1 billion provision after Luxembourg court ruling in Madoff case
HSBC Holdings said on Monday it will recognise a provision of US$1.1 billion in its third-quarter results after a Luxembourg court ruling…
Business
Novartis agrees to buy Avidity in US$12 billion biotech deal
Novartis agreed to buy biotechnology company Avidity Biosciences in a deal that values it at US$12 billion, according to the Swiss…
Business
INGL announces Israel's new deal to export natural gas to Egypt via two billion shekel pipeline
Energy and Infrastructure Minister Eli Cohen. (photo credit: Asaf Magal/GPO) The planned length of the new line (Ramat…
News
Ex-Citibank Manager Jailed 24 Months Over Role in S$3 Billion Money Laundering Scandal in Singapore
A former relationship manager with Citibank Singapore has been sentenced to two years' jail for multiple offences involving forgery, money…
Business
Meituan plans debut dim sum bonds in up to 10 billion yuan sale
The company has faced an increasingly crowded field in China’s food delivery sector, where rivals have been slashing prices Chinese food…
Business
Indonesia launches 6 billion yuan dim sum bond, to be listed on SGX
The bond offers yields of 2.5% on five-year notes and 2.9% on the 10-year tranche Indonesia has launched its debut offshore…
Business
Vietnam-Singapore Trade Jumps 46.7% in September 2025 to S$3.2 Billion
In the first nine months of 2025, trade relations between Singapore and Vietnam remained strong, with both imports and exports showing…
Business
ST Engineering bags new contracts worth S$4.9 billion in Q3 2025
For the nine months ended Sep 30, the company’s total contract wins amount to S$14 billion ST Engineering on Thursday (Oct 23) announced…