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US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare…
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Deal
Business
Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals Goldman Sachs Group’s biggest-ever M&A payday may be…
Business
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant L’Oréal is selling at least 1.5 billion euros…
Business
Asia: Markets up on hopes over shutdown deal, rate cut
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive…
Business
UK Retailer Footasylum Expands European Presence Through New Deal
Footasylum is making a play to expand its European presence. On Monday, the UK-based footwear and sportswear retailer inked a new…
Business
Asia: Markets boosted by hopes for deal to end US shutdown
EQUITIES rallied on Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a…
Business
Circles.Life raises concerns over M1-Simba deal to IMDA, warns merger could hurt consumers
The telco says the merged entity’s wholesale market dominance threatens fair competition and consumer choice Mobile network operator…
Business
Boustead bags design-and-build deal for semiconductor facility
The contract comprises additions and alterations works to reconfigure an existing chip material manufacturing plant Boustead announced…
Business
Singtel shares surge 4.9% to new high on Bharti Airtel sale, talks for data centre deal
In a bourse filing on Friday morning, Singtel acknowledged that it was is in talks about STT GDC as part of a consortium Shares of Singtel…
Business
Singtel shares surge 5.1% to new high on Bharti Airtel sale, talks for data centre deal
In a bourse filing on Friday morning, Singtel acknowledges that it is in talks about STT GDC as part of a consortium Shares of Singtel…
Business
Singtel shares end 2.9% higher on Bharti Airtel share sale, talks for data centre deal
Shares of Singtel surged as much as 5.1 per cent on the back of news that one of its units will sell US$1.2 billion worth of Bharti Airtel…
Business
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Business
Singtel rises 5.4% to all-time high amid talks of US$3.9 billion data-centre deal
The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion…
Business
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which…
Business
Snap tops revenue estimate and unveils US$400 million deal with Perplexity AI, shares jump
SNAP beat third-quarter revenue estimate on Wednesday and said it has partnered with Perplexity AI to integrate its artificial…
Business
Apple nears deal to pay Google roughly US$1 billion a year for Siri AI model
Apple is planning to use a 1.2 trillion parameter artificial intelligence (AI) model developed by Alphabet Inc.’s Google to help power its…
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Israel, India sign major defense deal in shadow of weapons boycotts
The defense deal is going forward at a time when many other democracies have cut back on their defense relations with Israel due to the…
Business
UBS sells US$3.25 billion in first deal since AT1 ruling
UBS Group sold its first bonds since a court decision raised questions about the Swiss lender’s possible exposure to previously cancelled…
Business
Samsung SDI in talks with Tesla to supply energy storage batteries in deal worth over 3 trillion won
South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said…
Business
Restaurant chain Denny’s to be taken private in US$620 million deal
The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent years RESTAURANT chain Denny’s announced on…
Business
Starbucks to sell control of China business to Boyu Capital in US$4 billion deal
The chain has implemented measures such as reduced prices for select non-coffee beverages and an accelerated introduction of new localised…
Business
US: S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky
The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the…
Business
Microsoft signs US$9.7 billion AI cloud deal with Australia’s IREN to secure Nvidia systems
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN Microsoft has signed an approximately…
Business
Vietnam, UK Deepen Partnership with New Comprehensive Strategic Deal Covering 6 Sectors
Vietnam and the United Kingdom have formed a Comprehensive Strategic Partnership that outlines six major areas of cooperation, including…