Posts by Yurie Miyazawa
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general corporate purposes. The banks included Australia and New Zealand Banking Group, Bank of China in Sydney, OCBC, DBS’ Australia branch and UOB’s Sydney branch. The…
Read MoreUS DOJ sues to block Hewlett Packard Enterprise’s US$14 billion Juniper deal
THE US Department of Justice has sued to block Hewlett Packard Enterprise’s US$14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday. Shares of both the server maker and Juniper Networks closed about 2 per cent lower. The antitrust lawsuit marks the…
Read MoreIntel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO. Shares of the Santa Clara, California-based company climbed 1.5 per cent in after-hours trading. Last year,…
Read MoreSouth-east Asia to see more private equity deals this year; healthcare, data centres in the spotlight
Participants expect activity in the region’s PE markets to gather pace after the number of deals last year surged to the highest since at least 2018 A RECOVERY in the region’s private equity (PE) market last year has spurred optimism among key players in 2025, as they expect investors that had held back previously to…
Read MoreSeven & i founding family seeks investment from Thailand’s Charoen Pokphand: NHK
The family is in talks to take the company private to fend off a US$47 billion takeover from Canada’s Alimentation Couche-Tard THE founding family of Japan’s Seven & i is asking Thailand’s Charoen Pokphand (CP) Group to invest in a management buyout of the retailing giant, Japanese national broadcaster NHK reported on Thursday (Jan 30).…
Read MoreJaume Ros Breaks Down Programmatic SEO
The journey of transforming an SEO software tool’s website from minimal traffic to hundreds of daily visitors through programmatic SEO implementation has been remarkable. This strategic approach to content creation has proven highly effective, generating significant organic traffic growth within just three months. Jaume Ros recently conducted a helpful live case study that gave me…
Read MoreAmerican Airlines regional jet collides with helicopter near Washington’s Reagan Airport
AN AMERICAN Airlines regional passenger jet was involved in a mid-air collision on Wednesday (Jan 29) night with a US Army Black Hawk helicopter near Reagan Washington National Airport, officials said. Senator Ted Cruz of Texas said on social media that “we know there are fatalities”, though he did not say how many. The US…
Read MoreGold little changed after US Fed holds rates steady
GOLD prices were flat in early Asian hours on Thursday (Jan 30) after the Federal Reserve’s decision to hold interest rates steady offered little clarity on the US monetary policy path this year. Spot gold were little changed at US$2,671.79 per ounce, as at 0049 GMT. US gold futures added 0.2 per cent to US$2,774.50. …
Read MoreNissan plans job, output cuts at Mississippi, Tennessee plants
NISSAN Motor is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor. The Yokohama-based automaker said on Wednesday (Jan 29) it will move to a single shift from…
Read MoreTrump officials discuss tighter curbs on Nvidia China sales
TRUMP administration officials are exploring additional curbs on the sale of Nvidia chips to China, according to sources familiar with the matter, who emphasised that conversations are in very early stages as the new team works through policy priorities. Officials are focused on potentially expanding restrictions to cover Nvidia’s H20 chips, according to the sources,…
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