Business
US: Stock market wipes out over US$5 trillion on Trump’s tariff war
The S&P 500 Index declined to the lowest level in 11 months, slashing US$5.4 trillion in market value in just two sessions as US Federal…
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Trillion
Business
‘Worst-case scenario’ for tech wipes US$1.4 trillion from Nasdaq
There’s virtually nowhere to hide for many US technology companies under President Donald Trump’s new tariff regime, the harshest in a…
Business
Mitsubishi plans to invest four trillion yen over next three years to drive growth
The company’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec – the…
Business
China raises record 1.45 trillion yuan from bonds in stimulus signal
China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a…
Politics
Senate GOP eyes at least $2 trillion in spending cuts for budget package, Daines says
Senate Republicans are "starting to coalesce" around a $2 trillion floor for spending cuts in a party-line budget reconciliation package,…
Business
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling…
Business
China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…
News
One Trillion Ton Iceberg on Crash Course for Small Island
Ladies and gentlemen, welcome to the main event. In this corner, weighing in at 1,000,000,000,000 tons, undefeated as the world’s largest…
Business
China’s new rules to add one trillion yuan into market: analysts
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing…
Business
Hedge funds kept US$1.8 trillion as fees, half their total gains
HEDGE funds have long been regarded as notoriously expensive. A new research reveals just how costly they truly are for their clients. Of…
Politics
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
China’s record trade surplus of almost $1 trillion last year has a nearly perfect mirror image on the other side of the world: an American…
Business
China’s Trade Surplus Reaches Nearly $1 Trillion
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Hyundai Motor Group to invest record 24.3 trillion won in South Korea this year
SOUTH Korea’s Hyundai Motor Group said on Thursday (Jan 9) that it planned to boost domestic investment by 19 per cent to a record high of…
Business
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of…
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
Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole…
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
Global M&A deal value set to hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end-2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…