Business
Temasek among parties keen on Blackstone’s US$3 billion sale of Bob Dylan, Adele song rights: sources
BLACKSTONE has hired financial advisers to explore the sale of song rights, including music from Bob Dylan, Adele and Ariana Grande, that…
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News
China discusses sale of TikTok US to Elon Musk as one possible option: sources
CHINESE officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to…
Business
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one…
Business
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate…
News
Vitol plans to cut costs by taking aluminium from London Metal Exchange warehouses in Malaysia: sources
ENERGY and commodities trader Vitol is attempting to reduce its storage costs with plans to remove significant amounts of aluminium from…
Business
Chinese exchanges ask big fund managers to restrict stock selling: sources
CHINA’S main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with…
News
China AI firm SenseTime cuts back on Singapore office space: sources
SENSETIME Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time when it’s struggling to compete…
Business
KKR and Bain each bid more than US$5 billion for Seven & i assets: sources
PRIVATE equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan’s Seven…
Business
Microsoft works to add non-OpenAI models into 365 Copilot products: sources
MICROSOFT has been working on adding internal and third-party artificial intelligence (AI) models to power its flagship AI product…
News
Security sources: Christmas market suspect not a known Islamist
The man arrested following a suspected attack on a Christmas market in Magdeburg was not previously on law enforcement's radar as a known…
Business
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO: sources
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial…
News
Apple in talks with Tencent, ByteDance to roll out AI features in China: sources
APPLE is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence (AI) models into iPhones sold in…
Business
Honda, Nissan move to deepen ties, including possible merger: sources
HONDA and Nissan are in talks to deepen ties, two people said on Wednesday (Dec 18), including a possible merger, the clearest sign yet of…
Business
Shein weighs sale of less than 10% of company in London IPO: sources
FAST fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10 per cent of its shares to…
Business
Schroders seeks buyers for Indonesia unit with US$4 billion in assets: sources
SCHRODERS is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the UK-headquartered…
Business
Temasek firm’s deal values Malaysia 5G winner at RM7.5 billion: sources
A TEMASEK Holdings firm’s stake sale agreement values U Mobile at about RM7.5 billion (S$2.3 billion), according to people familiar with…
Business
Insurer Income sets up new financial advisory unit and is ‘actively recruiting’: sources
HOME-GROWN insurer Income Insurance is taking a stab at a new business model as it looks at ways to grow its topline by expanding its…
Politics
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as…
Business
China regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’…
News
China's Meituan to expand Keeta food delivery service to more Middle East cities, sources say
Chinese food delivery giant Meituan, which operates the Keeta brand in Hong Kong and Saudi Arabia, is set to expand to more Middle Eastern…
Business
Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
(Reuters) -Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential…
Politics
Palestinian sources: IDF attack on school building causes deaths
At least seven people have died and others have been injured in an Israeli attack on a former school building in the north of the Gaza…
News
At least 100 dead in strike on Gaza City school, sources say
At least 100 people were killed and dozens more were wounded in an Israeli airstrike on a school in Gaza City, according to statements by…