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…
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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…
Business
Asia tycoon backs US$1.5 billion AI bet with private credit fund
A patriarch for one of Asia’s biggest finance fortunes is joining other members of the global rich in bolstering artificial intelligence…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29)…
Business
Singapore's Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on…
Business
JPMorgan pledges US$1.5 trillion to strengthen US economic security and resilience over next decade
The campaign boosts capital, resources and personnel that the largest US lender commits across sectors JPMorgan Chase vowed to funnel…
Business
Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut
A bitcoin company tied to President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday,…
Business
GLP secures up to US$1.5 billion investment from Adia unit
Global logistics builder and investor GLP has secured up to US$1.5 billion of investment from a wholly-owned subsidiary of the Abu Dhabi…
Business
Food Empire reports net loss of US$1.5 million, declares first-ever interim dividend of S$0.03
Food Empire reported a net loss of US$1.5 million for the first half-year ended Jun 30, the group said in a bourse filing on Wednesday…
Business
Trump-linked World Liberty pitches a US$1.5 billion crypto vehicle
Big investors are being sounded out on a plan for World Liberty Financial, the Trump family-backed venture, to set up a public company…
Business
ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
US President Donald Trump’s trade war and larger-than-expected supply increases from Opec and its allies weighed on oil prices, while US…
Business
Unilever to pay US$1.5 billion for men's grooming brand Dr Squatch
The deal was announced earlier this week by all three parties, without disclosing financial details Unilever is paying US$1.5 billion to…
Business
HDB US$1.5 billion India IPO sold out as wealthy investors pile in
The offering received bids for 242.8 million shares as of Friday (Jun 27) afternoon in Mumbai, versus the 130.4 million shares offered…
Business
Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable…
Business
Grab’s US$1.5 billion convertible issue seen as prepping for competition and need for capital: Maybank
Grab’s recent move to upsize its five-year convertible note size to US$1.5 billion is timely given that the Asean digital sector – which…
Business
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions Grab announced on…
Business
Ping An Insurance raises US$1.5 billion from convertible bonds
Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong…
Business
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s…
Business
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
Toyota is backing LG battery plant with US$1.5 billion order
TOYOTA Motor has agreed to shift a US$1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after…
Business
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar…