Business
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options HSBC is gauging investor demand…
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Billion
Business
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS…
News
BBC plans on asking Florida court to toss Trump’s $10 billion defamation lawsuit
The BBC plans to ask a court to throw out U.S. President Donald Trump’s $10 billion lawsuit against the British broadcaster, court papers…
Business
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further Hyundai Motor Group stocks have…
News
BBC to File Motion Seeking Dismissal of Trump’s $10 Billion Defamation Suit Over ‘Panorama’ Edit
The BBC will file a motion to dismiss President Donald Trump‘s $10 billion defamation lawsuit, challenging the case on jurisdictional…
Business
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced chip packaging plant…
Business
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s…
Business
Australia to prioritise antimony, gallium, rare earths in A$1.2 billion reserve
Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion (S$1 billion) strategic reserve, it said…
Business
OpenAI, SoftBank invest US$1 billion in SB Energy as Stargate buildout expands
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500…
Business
U.S. companies are ready to pony up $100 billion to build up Venezuela's oil infrastructure
U.S. oil companies are prepared to invest $100 billion to rebuild the oil infrastructure in Venezuela, President Trump announced Friday…
Business
GM to take $6 billion charge after EV pullback
General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy…
Business
China’s GigaDevice Semiconductor locks top-end pricing in HK$4.68 billion Hong Kong listing
China’s GigaDevice Semiconductor has set an offer price of HK$162 per H share in its Hong Kong listing, raising HK$4.68 billion (S$772.5…
Business
Is S$5 billion enough? Panel weighs impact of EQDP on Singapore equity valuations
There was agreement that the sum has kickstarted things, and that the challenge would be to keep up the momentum built in 2025 The idea of…
News
Trump moves to address housing costs by ordering feds to buy $200 billion in mortgage bonds
In a move he says will lower monthly mortgage costs and put more money in homeowners' pockets, President Trump has directed the federal…
Business
GM to take US$6 billion writedown on EV pullback
GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit General Motors said on Thursday it would…
Business
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed Hang Seng Bank shareholders on…
Business
JD.com weighs raising 10 billion yuan in debut dim sum bond sale
Dim sum bonds are attractive to some Chinese tech firms because of their lower financing costs JD.COM is considering its first dim sum…
Business
Australia’s goods trade surplus shrinks to A$2.9 billion in November
Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports…
Business
Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt Marco Polo…
Culture
‘A Minecraft Movie,’ ‘Bridget Jones: Mad About The Boy’ Lead U.K., Ireland Box Office to $1.45 Billion in 2025, Best Post-Pandemic Result Yet
The U.K. and Ireland theatrical market generated £1.07 billion ($1.45 billion) in 2025, marking a 1% increase over 2024 and representing…
Business
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related…
Business
Six China IPOs debut in Hong Kong after raising HK$7 billion to cap banner year
With more than 300 companies filing to list, the momentum is set to carry into 2026 [SINGAPORE/HONG KONG] Six Chinese companies made their…
News
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia Citigroup said…