Business
Marina Bay Sands Q1 revenue holds steady at US$1.2 billion amid strong operating environment
Net revenue for Marina Bay Sands (MBS) remained steady at around US$1.2 billion for Q1, with the business improving service offerings and…
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Billion
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
News
Roche to invest US$50 billion in US to avoid Trump tariffs, create 12,000 jobs
Roche said on Tuesday (Apr 22) it would invest US$50 billion in the United States over the next five years, creating more than 12,000 new…
Business
Keppel secures S$2 billion in fresh capital commitments across flagship funds
Keppel secured fresh capital commitments of close to S$2 billion for its three flagship funds, representing around S$4.9 billion of funds…
Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Business
CapitaLand Investment launches first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in…
Business
CapitaLand Investment launches its first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8…
Business
Mall of the Emirates Unveils $1.36 Billion Transformation
DUBAI —Majid Al Futtaim has unveiled an ambitious $1.36 billion metamorphosis of the Mall of the Emirates, the original temple of luxury…
Business
Nvidia says new limits on China exports to cost US$5.5 billion
Nvidia faces new US restrictions on the export of its H20 chip to China, a policy change that will cost the company billions of US dollars…
Business
Morgan Stanley, JPMorgan lead US$16.5 billion bank borrowing spree
Morgan Stanley and rival JPMorgan Chase are raising a combined US$14 billion in the US investment-grade market on Monday (Apr 14), the…
Business
Nvidia to produce AI servers worth up to US$500 billion in US over four years
Nvidia said it is planning to build AI servers worth as much as US$500 billion in the US over the next four years with help from partners…
Business
Qatar to invest US$2 billion in Indonesia sovereign wealth fund
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral…
Business
Not just another wing: MBS’ new US$8 billion expansion project will have its own brand and luxury experiences
In a couple of months’ time, construction will begin on Marina Bay Sands’ (MBS) expansion project – a new ultra-luxury resort destination…
Culture
Hollywood Director James Toback Ordered to Pay Record-Breaking $1.68 Billion to 40 Women Over Decades of Sexual Abuse
James Toback, a longtime Hollywood director and Oscar-nominated screenwriter, has been ordered to pay $1.68 billion in damages to 40 women…
Business
Indonesia’s US$48 billion social security fund eyes doubling equities exposure
Indonesia’s US$48 billion social security fund BPJS Ketenagakerjaan, the country’s largest institutional investor, aims to raise the share…
News
Top US pension funds suffer US$169 billion blow from tariffs shock
The total losses for the whole US public retirement system will likely be “significantly higher” The top 25 state and local US pension…
Business
Novartis pledges US$23 billion US investment as tariffs loom
Trump has repeatedly said he intends to impose tariffs on pharmaceuticals, citing the industry’s reliance on manufacturing sites around…
Business
Bain seeks to raise at least US$7 billion for new Asia PE fund
Bain Capital is looking to raise billions of US dollars for its next Asia fund and a special situation fund in the region, as it moves to…
Business
China tech faces worry beyond tariffs after US$350 billion wipeout
Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that…
Business
Berkshire sells 90 billion yen bonds in smallest Japan deal
Berkshire Hathaway priced 90 billion yen (S$628 million) of bonds on Friday (Apr 11), completing the yen deal even as sharp market…
Fashion
Prada agrees to buy Versace for US$1.38 billion despite tariffs
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership Prada agreed to buy Versace for US$1.38…
Business
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the…
Business
Australia’s Video Market to Hit $12.3 Billion by 2030, YouTube, Netflix Dominate, Media Partners Asia Study Finds
In a new analysis of Australia’s evolving entertainment landscape, research firm Media Partners Asia (MPA) projects the country’s video…