News
OPEC+ further raises output in August
A view of the OPEC pavilion on the COP28 grounds. Hannes P Albert/dpa The core group of OPEC+ oil cartel members is increasing production…
Tag
raises
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Business
Orbitt Space's Air-Breathing Engine Raises $1M to Conquer Ultra-Low Earth Orbit
Space-tech startup Orbitt Space has secured $1 million in a pre-seed funding round. Pi Ventures headed the investor's list for the…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
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
Australia raises minimum wages by 3.5% as inflation eases
By Renju Jose and Stella Qiu SYDNEY (Reuters) -Australia's independent wage-setting body on Tuesday raised the national minimum wage by…
Politics
Elon Musk Raises Concern After Sporting Black Eye at His White House Farewell Briefing Alongside Trump Amid Bombshell Drug Use Claims
Elon Musk was seen sporting a mysterious black eye during an Oval Office event to mark the end of his 130 days in the Trump…
Business
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment…
Business
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Politics
Trump attack on Harvard to block international students raises fears at California campuses
WASHINGTON — A multifront assault by the Trump administration against the nation’s oldest university intensified on Friday when Harvard…
Business
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a…
Business
Nomura raises top executives’ pay to highest in over a decade
RA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a record annual…
Business
UBS raises S&P 500 year-end target, eyes more gains in 2026
Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of…
Politics
Trump accepting luxury jetliner from Qatar raises alarm on both sides of political aisle
President Trump has spent the first major overseas trip of his second administration — next stop Wednesday in Qatar — beating back…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
Politics
Waltz’s Use of Messaging Platform Raises New Security Questions
Michael Waltz got himself in trouble with the White House when, as national security adviser, he inadvertently added a journalist to a…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Tim Walz Celebrating Tesla’s Falling Stock Price Raises Deeper Questions About State Pensions
Walz is chairman of Minnesota’s state investment board, but he seems worryingly clueless about how funds are invested. Source link
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
Politics
Louis Vuitton raises price on popular US bag following new Trump tariffs
The Neverfull GM bag in monogram-coated canvas now costs US$2,200 on the company’s US website, US$100 more than last week, a 4.8 per cent…
Culture
Netflix raises prices in Singapore as analysts remain ‘neutral’ on counter
Netflix has raised its subscription prices in Singapore by S$2 to S$4, effective from Apr 18 (Friday), even as analysts remain neutral on…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned…
Business
China keeps lending rates steady; trade war raises bets for stimulus
China kept benchmark lending rates steady on Monday (Apr 21) for the sixth successive month, matching market expectations.…
Politics
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
When Donald J. Trump championed the idea of a 10 percent blanket tariff during the campaign, many people, whether for or against, were…