Business
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home CHINESE households are scouring for higher-yielding…
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Business
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Business
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs The manager of United…
Business
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent…
Business
Carvana’s 10,000% rally from low deals US$7 billion blow to shorts
Carvana’s shares notched an all-time high this week, rising more than 10,000 per cent from a low in late 2022, and delivering a blow to…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will…
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
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
Business
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent…
Business
1MDB takes legal action against Amicorp for allegedly facilitating US$7 billion fraud
The lawsuit seeks damages of more than US$1 billion from the financial services provider SCANDAL-HIT Malaysian state fund 1MDB and its…
Business
1MDB sues Amicorp for over US$1 billion for allegedly facilitating US$7 billion fraud
The lawsuit seeks damages of more than US$1 billion from the financial services provider SCANDAL-HIT Malaysian state fund 1MDB and its…
Business
ESR buyout group said close to making US$7 billion binding bid
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate…
Business
ESR buyout group close to making US$7 billion binding bid: sources
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm,…
Business
BP and partners to invest US$7 billion in carbon capture project in Indonesia’s Papua
BP AND partners said they would invest US$7 billion in a carbon capture project and gas field development in Indonesia’s easternmost Papua…
Business
Samsung unveils surprise US$7 billion buyback over coming year
Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger…