Lifestyle
Vedanta said to weigh US$1 billion share sale as soon as June
Indian commodities tycoon Anil Agarwal’s Vedanta is considering a share sale as soon as the coming weeks that could raise as much as US$1 billion, people with knowledge of...
OUE Reit makes interest rate swap with carbon credits in S$75 million transaction
OUE Real Estate Investment Trust : TS0U 0% (Reit) has completed an interest rate swap with a set of voluntary carbon credits, through a transaction with OCBC, said the...
Ley Choon Group H2 profit rises to S$5.5 million, declares first dividend since 2014
ROAD works construction company Ley Choon Group : Q0X 0% on Monday (May 27) reported a net profit from continuing operations of S$5.5 million for the second half ended...
Climate-linked corporate disclosures rising among Apac listcos, but progress is uneven: MSCI report
DISCLOSURES of corporate emissions are rising in the Asia-Pacific (Apac), but progress varies across emissions categories and company-size segments, says investment research company MSCI, following research on environmental, social...
Elon Musk’s xAI secures US$6 billion in new funding
Billionaire tech mogul Elon Musk’s startup xAI said it has raised US$6 billion from investors in an increasingly crowded artificial intelligence market.The latest funding, including from well known venture...
More Chinese tech convertibles may follow Alibaba, JD.com sales
More Chinese technology companies might turn to convertible bonds, after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes. Alibaba sold US$4.5 billion in debt that...
China creates 344 billion yuan chip fund to fuel self-resilience
CHINA has set up the country’s largest-ever semiconductor investment fund to propel the development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the...
India, Indonesia stand out for EM investors in ageing world
EMERGING markets (EM) such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment...
