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8 Men Arrested Over Illegal Marine Gas Oil Deal in Singapore
Eight men were arrested on Friday, October 10, after they were allegedly involved in the illicit sale of marine gas oil. During a routine…
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Deal
Business
Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition
This is in view of the low market shares of the parties involved in the acquisition, among other reasons Singapore’s competition regulator…
Business
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is…
Business
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Business
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion…
Business
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street…
News
Who Is Serhat Gumrukcu? California Biotech Tycoon Found Guilty in Murder-for-Hire Plot of Dad of Six Over Failed Oil Deal
A biotech tycoon from California has been found guilty of masterminding a murder-for-hire plot targeting his former business partner — a…
Business
AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
Advanced Micro Devices (AMD) said on Monday (Oct 6) it will supply artificial intelligence chips to OpenAI in a multi-year deal that would…
Business
BlackRock’s GIP nears US$40 billion deal to buy Aligned Data Centers in bet on AI
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR BlackRock’s Global Infrastructure Partners…
Business
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit The S$810 million sale of…
Business
Asia: Markets surge on US rate hopes, tech fired by chip deal
Tech companies have been at the forefront of a surge across markets this year as investors pile into all things linked to artificial…
Business
Samsung, SK Hynix shares climb after chips deal with OpenAI
As part of the agreement, the partners will help Seoul develop a domestic AI ecosystem, something many governments are exploring to try…
Business
Yahoo nears deal to sell AOL to Italy’s Bending Spoons for US$1.4 billion
Yahoo is in advanced talks to sell AOL to Italian technology company Bending Spoons for about US$1.4 billion, four sources familiar with…
Business
Taiwan will not agree to 50-50 chip production deal with US, negotiator says
Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s…
Business
JPMorgan’s US$20 billion EA deal marks win over private credit
The bank makes the commitment through its leveraged-finance arm, not its private credit strategy The US$55 billion take-private of…
Business
Australia’s Aware Super buys into US$1.3 billion US warehouse deal
The investment comprises three Los Angeles properties spanning about 2.8 million square feet of building area, the A$200 billion…
Business
Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal
TikTok has been fined 15 billion rupiah (S$1.15 million) for the late reporting of its acquisition of e-commerce platform Tokopedia,…
Business
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Business
UOA Expands Footprint in Vietnam with $68 Million Ho Chi Minh City Deal
With the purchase of a prime land site in the heart of Ho Chi Minh City for $68 million, United Overseas Australia has increased its…
Business
How typhoons can delay big IPOs like Zijin Gold’s US$3.2 billion deal in Hong Kong
One could be forgiven to question how a storm could delay one of the world’s biggest deals in a sophisticated financial centre like Hong…
Business
Netflix signs co-marketing deal with AB InBev to promote TV shows and beer
NETFLIX and Anheuser-Busch InBev have signed a global co-marketing deal to promote the streaming platform’s most-watched titles and the…
Business
The FCC Is a New Deal Relic | National Review
Put it on the ash heap of history so no one can misuse it. Source link
Business
Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal, Trump says
US President Donald Trump said on Sunday (Sep 21) that media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell…
Business
Intel’s Nvidia deal expected to be a mixed blessing for Asian chipmakers
TSMC, Samsung and other powerhouses are building multibillion-dollar plants in the US amid pressure from the Trump administration to…