Business
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit Steve Schwarzman has become an unlikely fixture…
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Trillion
Business
Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Bitcoin plunged on Thursday, its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a…
Business
Global bond sales reach US$1 trillion at their fastest pace ever
More than 40% of this year’s volume consists of bonds sold by governments, the data show Global publicly syndicated bond issuance has…
Business
Warsh’s return revives tensions over the fed’s US$6.6 trillion QE hangover
For much of the time that US President Donald Trump was mulling his potential choice for the next chair of the Federal Reserve, the debate…
Business
SpaceX weighs June 2026 IPO at US$1.5 trillion valuation: report
Elon Musk’s SpaceX is weighing a mid-June initial public offering (IPO), aiming to raise as much as US$50 billion at a valuation of…
Business
How Europe could ‘weaponise’ US$10 trillion of US assets over Greenland
The most tangible reaction from the EU so far has been a proposal to halt approval of its July trade deal with America As Europe considers…
Business
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home. CHINESE households are scouring for…
Business
SK Hynix to build 19 trillion won AI memory chip packaging plant
Memory has become a bottleneck that directly limits how quickly data centres can bring new AI accelerators online SK Hynix plans to spend…
Business
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI)…
Business
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive…
Business
Goldman Sachs tops global M&A rankings with US$1.48 trillion in deals
The bank ranked No 1 in M&A fee revenue and overall value of the deals it worked on Goldman Sachs once again dominated the league tables…
Business
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee India’s central bank…
Business
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal…
Business
Musk’s fortune would more than double on US$1.5 trillion SpaceX
Musk’s path to becoming a trillionaire, whether it is through Tesla or SpaceX, is not without challenges The richest man in the world…
Lifestyle
Hospitality Wellness: The Trends Driving a $7 Trillion Industry
MILAN — The global wellness economy is projected to reach $9.8 trillion by 2029 from $6.8 billion in 2024, the latest data from the Global…
Business
Wall Street bets Chinese stocks will extend US$2.4 trillion rally
Investor perception towards China has shifted from one of scepticism to a recognition China has won back global funds in a banner year for…
Business
Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds
Indonesian sovereign wealth fund Danantara is raising an additional 12.6 trillion rupiah (S$991 million) through a debt offering to the…
Business
Alphabet races towards US$4 trillion valuation as AI-fuelled gains accelerate
Alphabet closed in on a US$4 trillion valuation on Monday (Nov 24), set to become only the fourth company to enter the exclusive club, as…
Business
Banks get US$2.6 trillion from deregulation, Jefferies says
Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according…
Business
Asia’s currency-defence war chest has swelled to US$8 trillion
Asia’s foreign-exchange reserves have surged to almost US$8 trillion, providing the authorities from Tokyo to Mumbai with ample ammunition…
Business
Is Elon Musk worth $1 trillion? Shareholders get to decide
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could…
Business
Norway wealth fund to vote against Musk US$1 trillion Tesla pay package
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package Norway’s sovereign wealth fund, the world’s…
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
Jardine C&C’s Astra posts 9-month net income slide of 6% to 24.7 trillion rupiah
Indonesia conglomerate Astra International reported on Friday (Oct 31) that its net income for the nine months ended Sep 30 slid 6 per…