Business
Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had raised more than US$350 million in the first close of…
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raises
Business
SingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail On Tuesday (Dec 9), Singapore Post (SingPost)…
Business
SingPost raises standard domestic mail rates by S$0.10 as mail decline, rising costs persist
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail On Tuesday (Dec 9), Singapore Post (SingPost)…
News
Singapore: 87-Year-Old Man Stuck in Toilet Pipes at Aljunied Flat for Nearly a Day, Saved After Friend Raises Alarm
An 87-year-old man was rescued from his Aljunied flat after his head became wedged between two toilet pipes during a fall, leaving him…
Business
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines…
Business
Sanli Environmental raises about S$10 million in placement amid record order book
Catalist-listed Sanli Environmental raised gross proceeds of some S$10 million in its placement of nearly 38.5 million fully paid-up…
Business
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the…
Business
August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine Fund manager August Global…
Business
Power infrastructure provider Amperesand raises US$80m in oversubscribed Series A round
Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical power applications,…
Business
Malaysia-based restaurant software platform FeedMe raises US$5 million
FeedMe, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento…
Business
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates Japan’s Mizuho Financial Group…
Business
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Business
Qorium Raises 22 Million Euros for Lab-grown Leather; Modern Meadow’s Handbag Collab: Sustainable Scene
GOING DUTCH: Dutch biotechnology company Qorium has raised a 22 million euro series A round to accelerate the commercialization of its…
Business
Manulife CQS raises US$1.1 billion for synthetic-risk transfers
The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts Manulife’s credit arm CQS…
Business
Prime US Reit Q3 distributable income falls 25.9% to US$6.3 million; raises distributable income payout ratio to at least 50%
The manager of Prime US Reit on Tuesday (Nov 11) posted a distributable income of US$6.3 million in Q3, down 25.9 per cent from US$8.5…
Business
Prime US Reit raises distributable income payout ratio to at least 50%; records lower Q3 income
A distribution of only 10% of the distributable income has been declared for the last two one-year periods since Jul 1, 2023, the manager…
Business
Sony raises profit forecast by 8%, cites lower tariff impact, anime strength
The Japanese conglomerate has become an entertainment powerhouse and is banking on the growth of anime Sony raised its operating profit…
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
Lendlease Reit raises S$280 million in private placement
The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the successful completion of…
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Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March…
Business
CapitaLand Investment raises over US$650 million for second lodging fund, exceeds target
CapitaLand Investment (CLI) has achieved the final close for its second lodging private fund, CapitaLand Ascott Residence Asia Fund II…
Business
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and…
Business
iX Biopharma raises gross proceeds of S$6.7 million from placement
The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece Singapore-based speciality…
Business
PayPal raises earnings guidance after announcing OpenAI deal
PayPal Holdings raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT,…