Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…
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Business
HSBC weighs outsourcing some trading operations to lift returns
HSBC Holdings is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology…
Business
FCC's new national security unit investigating Chinese tech companies
The Federal Communications Commission's new national security team is investigating Chinese tech companies suspected of skirting U.S.…
Business
23andMe shares tumble after bankruptcy filing and California attorney general's privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had…
Business
South Korea’s Hyundai to announce US$20 billion US investment, new steel plant
[WASHINGTON/SEOUL] South Korea’s Hyundai Motor Group is set to announce a US$20 billion investment in the US at the White House on Monday…
Business
A Car Reporter on Elon Musk and Tesla
Surprisingly, Mr. Ewing, who joined The Times in 2010 as a European economics reporter based in Frankfurt, doesn’t consider himself much…
Business
US: Wall St opens higher on Trump's softened tariff stance
US stock indexes opened higher on Monday (Mar 24), helped by signs the Trump administration is taking a measured approach on tariffs…
Business
Prudential launches dedicated space for high-net-worth customers to capture wealth management demand
As life insurers increasingly focus on high-net-worth (HNW) clients and expand their wealth management services, Prudential has introduced…
Business
BYD surpasses US$100 billion in annual sales, beating estimates
BYD’s sales last year surpassed the US$100 billion mark, leapfrogging Elon Musk’s Tesla on revenue, as the Chinese auto giant wows…
Business
ESR Reit completes sale of two logistic warehouses for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of two logistics properties in Singapore for S$6.8…
Business
ESR Reit completes sale of logistic warehouse for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of a logistics property in Singapore for S$6.8…
Business
Anti-Tesla Terrorism
There is no excuse for the violence, but it is revealing about the Left. Source link
Business
DBS' new CEO eyes 'bolt-on' acquisitions to bolster tech capabilities
DBS Group’s incoming CEO Tan Su Shan is eyeing “bolt-on” acquisitions that align with the Singaporean lender’s digital and AI-driven…
Business
DBS’ new CEO Tan open to ‘bolt-on’ acquisitions
DBS Group’s incoming CEO Tan Su Shan is open to “bolt-on” acquisitions, and will focus on boosting the Singaporean lender’s high-return…
Business
GuocoLand names new managing director for China business
Kevin Zhou will oversee the group’s operations there, including its portfolio of developments and investment assets Property developer…
Business
China’s Xiaomi to raise up to US$5.27 billion from share sale
The money raised is earmarked for business expansion, investment in research and technology development and general corporate purposes…
Business
Elliott has built significant stake in Sumitomo Realty: sources
ELLIOTT Investment Management has built a sizeable stake in Japanese real estate developer Sumitomo Realty & Development Co, said people…
Business
23andMe Files for Bankruptcy Amid Concerns About Security of Customers’ Genetic Data
The genetic testing company 23andMe filed for bankruptcy protection on Sunday after months of uncertainty over its business model and…
Business
AI boom turns Asian data centres into magnets for loan deals
Artificial intelligence advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and…
Business
Singapore shares rise on Monday; STI up 0.3%
Singapore shares ended higher on Monday (Mar 24), bucking a regional trend. The Straits Times Index (STI) rose 0.3 per cent or 9.88 points…
Business
BlackRock shifts to US junk bonds with ECB set to slow rate cuts
BlackRock is taking advantage of recent outperformance in European credit markets to sell some junk bonds there and buy more in the US in…
Business
Malaysia central bank sees significant growth hurdles ahead
Malaysia’s central bank said that growth risks loom large in its monetary policy considerations, as brewing global trade disputes and…
Business
Thai users share staged clip as genuine footage of 'Bank of China ex-chairman after death sentence'
Thai social media users have shared a staged video of a man being taken away with the false claim it is genuine footage of the former Bank…
Business
Temasek’s asset manager Seviora expands to the Middle East
Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.…