Leadership
US dollar’s dominance secure, Brics see no progress on de-dollarisation: report
THE US dollar remains the world’s primary reserve currency, and neither the euro nor the so-called Brics countries have been able to reduce global reliance on the US dollar,...
India’s Adani Group to increase capex to US$15.6 billion in fiscal 2025, CFO says
The group is betting on infrastructure spending, which is expected to grow at a compounded annual growth rate of 20 per cent-25 per cent Indian ports-to-power conglomerate Adani Group...
Ozempic maker Novo plans another US$4.1 billion US factory
Novo Nordisk plans to invest US$4.1 billion in another US factory, ploughing more money into its biggest market amid rising discontent over the cost of its obesity and diabetes...
China companies seek assurances from Malaysia on avoiding US tariffs: FT
CHINESE executives have been meeting top Malaysian officials to seek assurances they can avoid United States tariffs if they relocate their battery, medical devices and semiconductor manufacturing to the...
Olam Agri obtains US$550 million loan facility
OLAM Group’s indirect 64.6 per cent-owned subsidiary, Olam Agri, has secured a loan facility of US$550 million (S$743.7 million), said the group on Tuesday (Jun 25). The revolving credit...
City Developments takes out S$400 million sustainability-linked loan from DBS
CITY Developments (CDL) has secured a S$400 million sustainability-linked loan from DBS to advance nature conservation and sustainable development in Singapore.On Tuesday (Jun 25), both parties said the loan...
Jasper Investments to acquire marine engineering company with additional S$13 million fundraise
JASPER Investments announced that it has agreed to acquire a 51 per cent stake in Prosper Excel Engineering for S$7.5 million. The acquisition will be funded by proceeds from...
Charting big tech’s US$70 billion spending spree in South-east Asia
A WHIRLWIND tour of Malaysia, Singapore, and Vietnam all in less than a week.
Sounds like the tour schedule of BTS or another K-pop supergroup? Well, this was the trip...
