Business
Snap CEO Evan Spiegel and Miranda Kerr help erase $550 million in medical debt for Californians
Snap Chief Executive Evan Spiegel and his wife, supermodel Miranda Kerr, have helped pay off $550 million in medical debt for more than…
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Debt
Business
Oracle says it plans to raise up to $50 billion in debt and equity this year
— LE expects to raise US$45 billion to US$50 billion in 2026 to build additional capacity for its cloud infrastructure, the software…
Business
Hidden risks build at Vietnam banks on mounting debt guarantees
In China, regulators have in recent years told some lenders to limit their use of such arrangements Vietnamese lenders are providing more…
Business
BlackRock cuts value of private debt fund by 19%, waives fee
A BLACKROCK private debt fund expects to mark down the net value of its assets 19 per cent after a string of troubled loans weighed on…
Business
AirAsia X targets up to US$600 million debt restructuring after combining airlines
Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the…
Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
Business
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power…
Business
Japan’s corporate debt sales set for another banner year in 2026
The country’s record debt sales coincide with strong issuance of dollar bonds by Asia borrowers Bankers expect another blockbuster year…
Business
Green debt sales hit record levels in 2025 despite climate backlash
Europe has also rolled back some of its toughest environmental rules amid concerns about growth and competitiveness Investors have piled…
Business
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan…
Business
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since…
Business
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the…
Business
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million Vietnam’s VinFast reported a sharp rise in…
Business
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division HSBC Holdings…
Business
CDLHT sets up S$1.5 billion multicurrency debt issuance programme
CDL Hospitality Trusts (CDLHT), a stapled group consisting of CDL Hospitality Real Estate Investment Trust (H-Reit) and CDL Hospitality…
Business
Raffles Education jumps 19% on debt conversion; special dividend plan
Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan. It…
Business
Maybank upgrades OUE Reit to ‘buy’ amid lower cost of debt in Q3
Analysts are positive on OUE Real Estate Investment Trust (Reit) on the back of its declining cost of debt in Q3 – with Maybank Securities…
Business
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…
Business
S-Reits expected to deliver stable Q3 earnings on easing debt costs
More Singapore-listed real estate investment trusts are expected to deliver year-on-year DPU growth helped by a decline in average…
Business
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…
Business
China bond slump fuels speculation PBOC will resume debt buying
The Chinese bond sell-off that drove benchmark yields to the highest level in nine months last week is spurring speculation that the…
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
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue…
Business
South Korea keeps rates unchanged as debt risks grow
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial…