Business
Positive takeaways for Singapore Reits from Keppel Reit's dpu dilutive MBFC Tower 3 deal
With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically Investors buy…
Tag
Deal
Business
GIC, Mubadala said to be set to join KKR in US$10 billion STT Deal
Data centres are attracting a lot of investor interest, not least because of their role in the artificial intelligence boom and Mubadala…
Business
AstraZeneca strikes deal for up to US$18.5 billion to license weight-loss drugs from China's CSPC
The deal builds on existing collaboration between the companies in areas such as artificial intelligence AstraZeneca will license…
Business
AirAsia nears deal for 100 Airbus A220 jets in expansion push
Tthe airline is set to start its Middle East hub in Bahrain as early as this year Low-cost South-east Asian carrier AirAsia is close to…
Business
Sembcorp expands Micron power deal to support AI growth
The chipmaker has begun construction on a Woodlands facility as part of a US$24 billion investment Sembcorp Industries on Wednesday (Jan…
Business
BlackRock cuts private credit executives hired pre-HPS deal
BlackRock is cutting about 10 people from its private financing solutions group as it continues to integrate its US$12 billion acquisition…
Business
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions…
Business
After Much Speculation, Anta Sports Scoops Up 29% Puma Stake in $1.8 Billion Deal
Anta Sports Products Limited confirmed early Tuesday in China that it inked an agreement with Groupe Artémis, the investment company of…
Business
TikTok strikes deal for new US entity, ending long legal saga
TikTok said on Thursday (Jan 22) that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a…
Business
Keppel secures 25-year fibre pair deal on Bifrost Cable System with global telco
Keppel has signed a binding term sheet with a global telecommunications company to lease a fibre pair on the Bifrost Cable System for 25…
Business
US stocks: Wall Street ends higher on Greenland framework deal
three Wall Street benchmarks closed higher on Wednesday, buoyed by the news that a framework for an agreement on Greenland had been…
Business
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Move puts a spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha Indian startup Varaha…
Business
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture Microsoft has agreed with Indigo Carbon to buy a…
Business
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31 JPMorgan Chase’s profit fell in the fourth…
News
French farmers drive 350 tractors to Parliament to protest low incomes and EU trade deal
PARIS (AP) — French farmers steered some 350 tractors Tuesday over cobblestoned Paris avenues toward Parliament to protest low incomes and…
Business
Trump team nears Taiwan trade deal with more US chip investment
Any agreement with Taipei risks provoking China, which claims the island as part of its territory The Trump administration is close to a…
Business
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy Boustead…
Business
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
The iPhone maker has faced a series of setbacks on the AI front after being late to the race Apple will use Google’s Gemini models for its…
Business
Beijing looms large over Singapore-based Manus’ deal with Meta
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path It took just 10 days for Meta’s acquisition…
Business
Australian rare earths miner VHM scraps offtake deal with China’s Shenghe Resources
The Melbourne-headquartered firm has secured up to US$200 million in funding from the US Exim AUSTRALIAN rare earths miner VHM said on…
Business
Rio-Glencore deal closer than ever with premium and CEO in focus
The idea of a combination of the two companies has been discussed several times over more than a decade Glencore boss Gary Nagle has…
Business
JPMorgan reaches deal to take over Apple credit card: report
JPMorgan Chase has reached a deal to take over Apple’s credit-card programme from Goldman Sachs, The Wall Street Journal reported on…
Business
US stocks: S&P 500, Nasdaq end flat in holiday-thin trade, Meta gains on deal
The S&P 500 and the Nasdaq closed little changed in choppy trading on Tuesday, as gains in communication services stocks were offset by…
Business
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…