Business
Waymo in talks to raise billions at over US$100 billion valuation: report
ALPHABET unit Waymo is in talks with potential investors to raise money at a valuation of at least US$100 billion, The Information…
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Business
Business
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high SBI Shinsei Bank will start trading in…
Business
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high SBI Shinsei Bank surged as much as 11…
Business
China chipmaker MetaX debuts after wildly oversubscribed IPO
CHINA will have another major chip debut on Wednesday (Dec 17), eagerly watched by stock-market investors after the stellar gains by its…
Business
China chipmaker MetaX soars 569% after wildly oversubscribed IPO
Chinese IPOs have been strong this year, averaging a 250% pop on the first trading day China saw another spectacular debut by chipmaker…
Business
China chipmaker MetaX jumps 755% after wildly oversubscribed IPO
Chinese IPOs have been strong this year, averaging a 250% pop on the first trading day MetaX Integrated Circuits Shanghai soared in its…
Business
Warner Bros Discovery board rejects rival bid from Paramount
Warner Bros Discovery’s board rejected Paramount Skydance’s US$108.4 billion hostile bid on Wednesday (Dec 17), saying it failed to…
Business
Chagee, Mixue, Scarlett, Xiang Xiang: Singapore F&B is a cut-throat business, but some are still expanding
Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans In 2025, eateries have shut down…
Business
Chagee, Mixue, Scarlett, Xiang Xiang: Expanding in Singapore’s cut-throat F&B business
Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans In 2025, eateries have shut down…
Business
RBNZ expects new bank capital requirements to lower rates
The new rules materially reduce requirements compared with decisions made in 2019 New Zealand’s central bank is reducing capital…
Business
Tesla eyes battery-cell production in Germany from 2027: report
TThe company’s European sales have slumped due to an ageing lineup and blowback over Musk’s politics Tesla plans to launch battery-cell…
Business
Von Maur Department Stores Entering New Jersey
Von Maur, the privately owed, family-run department store chain, plans to open an anchor store at the Freehold Raceway Mall in Freehold,…
Business
MUFG, SMFG among Japanese firms piling into India for growth
The total volume of deals targeting Indian companies has climbed 15% this year to almost US$90 billion Japanese companies are expanding in…
Business
European equities end lower as investors assess US data; defence firms tumble
EUROPEAN shares dipped on Tuesday, led by sharp declines in defence and energy shares, with investors parsing disappointing domestic and…
Business
US stocks ends mixed after paring earlier losses
WALL Street’s main indexes pared some losses on Tuesday afternoon with the Nasdaq closing up, and the S&P 500 and the Dow closing lower,…
Business
GST reductions and festive demand continue to drive Indian vehicle market up
India’s Light Vehicle (LV) wholesales rose by 23% month-on-month (MoM) in October to 537k units. Passenger Vehicles (PVs) increased by 23%…
Business
Wall Street slips at open as investors assess key jobs data
Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for…
Business
Property tycoon Gordon Tang to acquire Suntec Reit manager
Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8% Acrophyte…
Business
Property tycoon Gordon Tang to acquire Suntec Reit’s manager
Acrophyte Asset Management, controlled by property tycoon Gordon Tang, has signed a deal to acquire a 100 per cent interest in ESR Trust…
Business
Property tycoon Gordon Tang’s Acrophyte to acquire Suntec Reit’s manager for S$190 million
Tang and his affiliates currently own 35.7% of the Reit itself, while ESR owns 10.8% Property tycoon Gordon Tang has signed a deal to…
Business
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Business
F&N dairy subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong F&N Dairy Investments…
Business
F&N subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong F&N Dairy Investments…
Business
EC World Reit granted more time until May 2026 to submit resumption proposal
SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations EC World Real Estate Investment…