KUALA LUMPUR, Mar 31, 2021 – (ACN Newswire via SEAPRWire.com) – Bin Zayed International LLC (BZI) has targeted RM100 billion worth of foreign direct investment (FDI) to Malaysia over the […]
NEW YORK (BLOOMBERG) – Greensill Capital filed for Chapter 11 bankruptcy protection for its US unit in New York, as another part of Lex Greensill’s trade finance empire seeks safety […]
HONG KONG, Mar 22, 2021 – (ACN Newswire via SEAPRWire.com) – Zijin Mining Group Co., Ltd. (SSE:601899, SEHK:2899) is pleased to announce audited consolidated annual results for the Company and […]
HONG KONG (BLOOMBERG) – Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second […]
NEW YORK (BLOOMBERG) – South Korean e-commerce giant Coupang surged 41 per cent in its trading debut after delivering the biggest US initial public offering (IPO) since Uber Technologies. Coupang, […]
NEW YORK (REUTERS, BLOOMBERG) – South Korean e-commerce giant Coupang raised the price range of ts offering on Tuesday (March 9), signalling strong demand for its shares. The start-up, which […]
SINGAPORE (BLOOMBERG) – Sea Ltd expects e-commerce revenue to double in 2021, sustaining its torrid pace of growth as South-east Asia’s most valuable company counts on regional online shopping demand […]
SINGAPORE – Singapore Airlines remains the best capitalised carrier in the world despite spending S$8.1 billion since June. As many of its biggest global rivals struggle to stay aloft, the […]
SINGAPORE (REUTERS) – Singapore’s second-biggest listed-lender, Oversea-Chinese Banking Corp, reported a 9 per cent drop in quarterly profit on Wednesday (Feb 24), dragged down by a 15 per cent decline […]
BENGALURU (REUTERS) – WeWork co-founder and former chief executive Adam Neumann is nearing a settlement with SoftBank Group that could include a nearly US$500 million (S$660.8 million) cut in his […]
A total of $11 billion will be set aside for a Covid-19 Resilience Package which will support a three-pronged approach to help Singapore bounce back from Covid-19. It will address […]
SINGAPORE – DBS Group Holdings posted a 33 per cent plunge in fourth-quarter earnings as its net interest margin fell and it set aside higher allowances for potential bad loans. South-east […]
SINGAPORE – Five Budgets, nearly $100 billion committed in Covid-19 support measures, and up to $52 billion drawn from past reserves. A deficit to the tune of $74.2 billion – […]
SAN FRANCISCO (AFP) – Google parent Alphabet on Tuesday (Feb 2) reported that its quarterly profit rocketed some 50 per cent to US$15.2 billion (S$20.2 billion) at the end of […]
SAN FRANCISCO (AFP) – Apple and Facebook on Wednesday (Jan 27) delivered stunning gains in profits and revenues over the past quarter, in the latest sign that Big Tech is […]
BOSTON (REUTERS) – The world’s 20 best-performing hedge funds earned US$63.5 billion (S$84.3 billion) for clients in 2020, setting a record for the last 10 years during a chaotic time […]
BEIJING (REUTERS) – China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread across the world during the course of the year, with the […]
HONG KONG • He appeared for less than a minute and said nothing about the Chinese government clampdown that had left his business empire in crisis. But for investors who […]
SINGAPORE – Construction contracts for the built environment sector are expected to grow to between $23 billion and $28 billion this year, as the sector recovers from the impact of […]
WASHINGTON (AFP) – As spending remained high amid the coronavirus pandemic, the US budget deficit surged by 61 per cent in the first three months of the 2021 fiscal year, […]
