Business
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Tag
raises
Business
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a…
Business
Nomura raises top executives’ pay to highest in over a decade
RA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a record annual…
Business
UBS raises S&P 500 year-end target, eyes more gains in 2026
Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of…
Business
Beyond Imagination raises $100 million to build humanoid robots
A humanoid robotics startup co-founded by prominent artificial-intelligence futurist Ray Kurzweil said on Tuesday that venture capital…
Business
TKO Raises 2025 Financial Guidance on Momentum for WWE and UFC and Growth Ahead With IMG, PBR and On Location Acquisition
TKO is poised for a growth spurt this year now that the parent company of UFC and WWE has completed is acquisition of IMG, Professional…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Oddity Raises Full-year Forecast
Oddity, the parent company of Il Makiage and SpoiledChild, raised its full-year forecast as it shrugged off concerns over the economic…
Business
Tim Walz Celebrating Tesla’s Falling Stock Price Raises Deeper Questions About State Pensions
Walz is chairman of Minnesota’s state investment board, but he seems worryingly clueless about how funds are invested. Source link
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
News
Louis Vuitton raises price on popular US bag following new Trump tariffs
The Neverfull GM bag in monogram-coated canvas now costs US$2,200 on the company’s US website, US$100 more than last week, a 4.8 per cent…
Culture
Netflix raises prices in Singapore as analysts remain ‘neutral’ on counter
Netflix has raised its subscription prices in Singapore by S$2 to S$4, effective from Apr 18 (Friday), even as analysts remain neutral on…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned…
Business
China keeps lending rates steady; trade war raises bets for stimulus
China kept benchmark lending rates steady on Monday (Apr 21) for the sixth successive month, matching market expectations.…
News
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Oil prices climbed more than 4 per cent on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald…
Business
US: Wall Street mixed at open as China raises tariffs on US goods
Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against…
News
Karmelo Anthony: Fundraiser for Teen Who Killed Texas Football Star Austin Metcalf Raises $60,000 as He Claims He Acted in Self-Defense
A fundraiser supporting the Texas teenager charged with the fatal stabbing of Austin Metcalf — who reportedly died in his twin brother's…
Business
French Fintech Grace Raises 5.9 Million Euros for Its Luxury Good Theft and Loss Coverage Solution
PARIS — Grace, a French fintech start-up offering coverage solutions for theft or loss of luxury goods, announced Thursday it had raised…
Business
China raises record 1.45 trillion yuan from bonds in stimulus signal
China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…
Business
Stumbling stock market raises spectre of dot-com era reckoning
A revolutionary new technology comes along and infatuates investors with its seemingly limitless possibilities. Euphoria sparks a stock…
Business
ValueMax raises S$71.7 million through two digital securities commercial papers
Both papers were issued on Mar 3 and received “strong demand” from investors, says the company Pawnbroking chain ValueMax Group has raised…