Business
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto…
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Business
Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit)…
Business
SoftBank announces it has sold its Nvidia shares for $5.8 billion
Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It…
Business
SoftBank’s US$5.8 billion Nvidia stake sale stirs fresh AI bubble fears
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre…
Business
Microsoft to invest US$10 billion in Portugal AI data hub
The company is building the hub with Start Campus, a Portuguese developer, and British startup Nscale Microsoft will spend US$10 billion…
Business
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments, is hungry for more deals
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle Energy and chemicals player Aster has set…
Business
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments; more deals on the way
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle Energy and chemicals player Aster has set…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data centre sector A consortium comprising of KKR…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout: sources
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data-centre sector A consortium comprising of KKR…
Business
South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year The digital economies of South-east Asia are…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
News
Americast - Americanswers on 5 Live! Why is Donald Trump threatening to sue the BBC for $1 billion?
Available for over a year President Donald Trump has threatened to sue the BBC for $1 billion over how the editing of his speech in a…
Business
Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4…
Business
Metsera accepts Pfizer’s US$10 billion bid in ongoing M&A battle
OBESITY drug developer Metsera said on Friday that it had accepted Pfizer’s US$10 billion acquisition offer, in what could spell the end…
Business
EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to…
Business
Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row Sweden’s Inter Ikea, which…
Business
ITV in Talks to Sell Networks Arm to Comcast-Owned Sky for $2.1 Billion
U.K. broadcaster ITV has confirmed it has received a £1.6 billion ($2.1 billion) bid from Comcast’s European pay-TV platform Sky for it…
Business
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
Singtel announced its indirect wholly owned subsidiary Pastel has raised gross proceeds of about S$1.5 billion from selling a 0.8 per cent…
Business
OCBC Q3 profit flat at S$1.98 billion, beats expectations
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7).…
Business
Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the…
Business
Singtel offers US1.2 billion stake in Bharti Airtel, terms show
A Singapore Telecommunications unit offered to sell shares in Indian mobile carrier Bharti Airtel in a deal that may fetch US$1.2 billion,…
Business
Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors…
Business
CapitaLand Investment’s 9M revenue dips 25.5% to S$1.6 billion after Clas deconsolidation
CapitaLand Investment (CLI) reported a 25.5 per cent plunge in total revenue to about S$1.6 billion for the first nine months of 2025,…
Business
Singtel rises 5.4% to all-time high amid talks of US$3.9 billion data-centre deal
The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion…