Business
Jeff Bezos wraps up massive Amazon share sale, netting US$5.7 billion
The divestitures come as the company stock has surged 38% from its recent low in late April Jeff Bezos wrapped up a massive sale of…
Tag
Sale
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
Indonesia’s Kangaroo bond sale a tricky call for local investors
Indonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on…
Business
Maybank initiates coverage on Sheng Siong with ‘buy’ call on DFI sale of Singapore supermarkets
Maybank has initiated coverage on supermarket operator Sheng Siong, assigning it a “buy” call and a target price of S$2.30. This…
Business
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
The discussions were suspended shortly after the port sale was announced in early March Billionaire Richard Li’s efforts to expand his…
Business
Nissan poised to offer record-high coupon in US$4 billion bond sale
Nissan Motor is expected to sell some of its upcoming US$4 billion foreign-currency bonds at a record-high coupon, piling more pressure on…
Business
Macquarie is said to weigh sale of Singapore petrochemical asset
The facility has 503,000 cubic metres of storage capacity for a range of fuels and industrial gases Macquarie Group’s asset management arm…
Business
SpaceX valuation to hit around US$400 billion in share sale
SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker at…
Business
TikTok building new version of app ahead of expected US sale: report
TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The…
Business
Japan’s bond market faces first 30-year sale since issuance cut
Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling…
Business
Bezos unloads US$737 million of Amazon stock in year’s first sale
Jeff Bezos sold 3.3 million Amazon.com shares in recent days, netting US$736.7 million. The sale, which coincided with his star-studded…
Business
Court approves sale of 23andMe to nonprofit led by co-founder Anne Wojcicki
23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline. A bankruptcy…
News
Duo, Including Woman, Nabbed for Involvement in Sale of Illegal Streaming Devices in Singapore
Two people, including a 32-year-old man and a 28-year-old woman, were arrested on Sunday, June 29, for their alleged involvement in online…
Business
India’s Adani Enterprises plans public bond sale
Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and…
Business
Billionaire Michael Dell reaps US$1.2 billion from stock sale
Dell Technologies chief executive Michael Dell sold US$1.2 billion worth of shares in his namesake computer company, reducing his stake by…
Business
China’s wealth fund pulls plug on US$1 billion private equity sale
China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private…
Business
Japan flags big cut to long-end bond issuance before risky sale
Japan’s larger-than-expected cut to super-long bond issuance has the potential to ease some upward pressure on yields just before an…
Business
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group Boustead…
News
Singapore: 46-Year-Old Man Arrested for Online Sale of Counterfeit Goods Worth S$141K
A 46-year-old man was arrested on for his suspected involvement in the online sale of counterfeit goods. In a press release, the Singapore…
Business
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Business
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
News
Couple Sentenced to Jail for Smuggling Dogs into Singapore from Malaysia for Sale
A couple was jailed on Wednesday, June 4, for smuggling dogs into Singapore from Malaysia. Soon Boon Khong and Reina Wong Si Qi, both 28,…
Business
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will…
Business
Memecoin platform Pump.fun pursues US$1 billion token sale
A platform dedicated to highly speculative cryptoassets is planning to raise US$1 billion by selling tokens, taking advantage of the…