Business
Substack Raises $100 Million From Chernin Group, Skims CEO and More
Newsletter and publishing platform Substack announced $100 million in Series C funding, led by investors at technology investment firm…
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raises
News
Trump hosts Persian Gulf leaders at White House as new violence raises questions about peace efforts
President Donald Trump hosted a pair of Arab Gulf leaders at the White House on Wednesday as violence between Israel and Syria renewed…
News
Afghan data breach raises serious questions for Tories, Keir Starmer says
Becky Morton Political reporter PM: Tory ministers have "serious questions to answer" on Afghan scheme Former Conservative ministers have…
Business
Aims Financial Group raises stake in Aims Apac Reit to 18.7%
The units were acquired from substantial unitholder, ESR HK Management, which is part of ESR Group Aims Financial Group raised its stake…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
News
Trump’s Claim on Ukraine Aid Raises Question of Who’s In Control
The world’s richest man is not happy with how the Trump administration is handling the Epstein files. Elon Musk has gone scorched earth on…
Business
Goldman Sachs raises S&P 500 return forecasts
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest…
Business
Exclusive: Finnish startup raises €25M to put a ‘Donut’ motor in EV wheels
Finnish startup Donut Lab has secured €25mn in seed funding to scale up its in-wheel hub motors for electric land, sea, and air vehicles.…
News
Trump calls for 'fairness' at national parks, raises price for foreign visitors
President Trump is raising the visitor fees to national parks for foreign tourists with an executive order Thursday, a move the White…
Business
China raises quota for foreign investment, ending 13-month pause
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities…
Business
Benefits U-turn raises questions about Labour's long-term plan
About a quarter of the working age population - those aged 16 to 64 - do not currently have a job. Caring responsibilities and ill health…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities
Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising…
Business
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout…
Business
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company’s expects revenue between US$234 million and US$244 million for the unit, from its prior forecast of US$230…
Business
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to…
News
Indian family mourns fatal Uber crash, raises questions about global ride-hailing safety
On a day typically reserved for celebrating fathers, an Indian family from Noida is grieving the loss of theirs — the result of what they…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
News
The Abrego Garcia Indictment Raises More Questions Than It Answers
And even if he is convicted, the Trump administration’s core problem remains: He cannot lawfully be deported to El Salvador unless a 2019…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Business
Ping An Insurance raises US$1.5 billion from convertible bonds
Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong…
News
Elon Musk Raises Concern After Sporting Black Eye at His White House Farewell Briefing Alongside Trump Amid Bombshell Drug Use Claims
Elon Musk was seen sporting a mysterious black eye during an Oval Office event to mark the end of his 130 days in the Trump…
Business
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment…