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Apple exported 1.5 trillion rupees in iPhones from India last year, minister says
Apple exported more than 1.5 trillion rupees (S$23.6 billion) in iPhones from India in the last fiscal year, the nation’s technology…
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Trillion
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
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Dow Sheds Over 2,200 Points as Wall Street Bloodbath Continues, Wiping Out $6.4 Trillion in Two Days, as China Retaliates Against Trump's Tariffs
The Wall Street bloodbath continued for the second straight session on Friday, with the Dow Jones Industrial Average plunging over 2,200…
Business
US: Stock market wipes out over US$5 trillion on Trump’s tariff war
The S&P 500 Index declined to the lowest level in 11 months, slashing US$5.4 trillion in market value in just two sessions as US Federal…
Business
‘Worst-case scenario’ for tech wipes US$1.4 trillion from Nasdaq
There’s virtually nowhere to hide for many US technology companies under President Donald Trump’s new tariff regime, the harshest in a…
Business
Mitsubishi plans to invest four trillion yen over next three years to drive growth
The firm’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according to…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec City – the…
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
China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…
Business
China’s new rules to add one trillion yuan into market: analysts
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Hyundai Motor Group to invest record 24.3 trillion won in South Korea this year
SOUTH Korea’s Hyundai Motor Group said on Thursday (Jan 9) that it planned to boost domestic investment by 19 per cent to a record high of…
Business
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of…
Business
Apple approaches US$4 trillion valuation as investors bet on AI momentum
APPLE is closing in on a historic US$4 trillion stock market valuation, powered by investors cheering progress in the company’s…
Business
Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole…
Business
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after…
Business
Global M&A deal value set to hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end-2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Business
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…
Business
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to…
Business
Seven & i founding family aims to raise 8 trillion yen for buyout this year: NHK
THE founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen (S$70 billion) to take it private by the…
Business
SoftBank books 1.18 trillion yen quarterly gain as Vision Fund finds its feet again
JAPAN’S SoftBank Group swung to a 1.18 trillion yen (S$8.7 billion) net profit in the three months to September, as the tech giant…