Lifestyle
Apollo Global to provide US$11 billion to Intel for Ireland facility
BUYOUT firm Apollo Global Management will acquire a 49 per cent equity interest in Intel’s manufacturing facility in Ireland for US$11 billion, the company said on Tuesday (Jun 4).Apollo...
US: Stocks shake off gloomy data to stage small rebound
US STOCKS bounced back from an early morning dip to close higher on Tuesday (Jun 4), as fresh data showed United States job openings slipped in April to their...
Few exits, limited investor appetite to test South-east Asia’s PE managers
PRIVATE equity (PE) funds operating in South-east Asia will need a strong domestic presence to pull off roll-ups and trade sales in the face of mounting challenges, including difficulties...
China’s solar giant Longi says it will adjust production amid ‘complex’ environment
CHINA’S Longi Green Energy Technology, one of the world’s largest solar panel manufacturers, said on Tuesday (Jun 4) it would “adjust” production amid a “complex industry environment”, but remains...
Alibaba considering convertible bond sale, following JD.com
Alibaba Group Holding is considering selling convertible bonds to raise about US$5 billion, people familiar with the matter said, following a US$1.75 billion offering by rival Chinese online retailer...
Global Invacom, Keong Hong, Green Build Technology added to SGX watch list
SATELLITE communications equipment provider Global Invacom : QS9 0%, construction player Keong Hong : 5TT 0% and green-energy solutions provider Green Build Technology : Y06 0% will be put...
Subsidiary, chairman of EC World Reit’s sponsor liable for US$11.3 million after loan default
AN application has been filed against Forchn International (FIPL) and the chairman of its parent company for an order that they are jointly and severally liable to pay US$11.3...
Australia’s Qantas back Boeing to bounce back from crisis
AUSTRALIAN airline Qantas on Tuesday (Jun 4) backed Boeing to bounce back from an unprecedented crisis that has led to an overhaul of the American planemaker’s management and drawn...
