Leadership
Sats acquires remaining 15% stake in Sats Food Solutions (Thailand)
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group’s food solutions networkCATERING and ground handling company Sats has acquired the remaining...
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It...
BOJ must maintain monetary support, says governor Ueda
BANK of Japan governor Kazuo Ueda said on Friday (Jan 31) the central bank must maintain loose monetary policy to ensure underlying inflation gradually accelerates towards its 2 per...
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...
US 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...
Intel’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...
South-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 2018A RECOVERY in the...
Seven & 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-TardTHE founding family of Japan’s Seven & i is...