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…
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valuation
Business
Nvidia Becomes Most Valued Company with $3.92 Trillion Valuation, Surpasses Apple
Nvidia has made history by hitting a market valuation of $3.92 trillion, overtaking Apple's previous record and coming close to becoming…
Business
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with…
Business
Singapore Paincare up 8.3% on Sias valuation
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the…
Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…
Business
Shein’s IPO Valuation Hinges on Trump’s De Minimis Ban on China
LONDON— Shein’s pursuit of a London IPO got a green light from the U.K.’s financial watchdog Financial Conduct Authority on Friday. First…
Business
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Business
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter,…
Business
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
Business
Apple approaches US$4 trillion valuation as investors bet on AI momentum
APPLE is closing in on a historic US$4 trillion stock market valuation, powered by investors cheering progress in the company’s…
Business
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after…
Business
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public…
Business
Bain sought US$10 billion valuation for Japan's Kioxia, investors only wanted to pay half
Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan’s Kioxia in an IPO, leading the US buyout firm to…