Technology
Private equity and venture capital face tougher fundraising in 2025, with uneven exit recovery: Preqin report
[SINGAPORE] Private equity (PE) and venture capital (VC) fundraising has remained tough in 2025, a report by data platform Preqin shows.About US$64.4 billion was raised for VC investments globally...
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and equipment[SINGAPORE] Global electrification and automation solutions provider CSE Global...
Asian markets drop with Wall Street as tech fears revive
Tech firms have been at the forefront of a global surge in equity markets for the past two years[HONG KONG] Asian markets dropped on Monday (Dec 15) as concerns...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently accessNVIDIA has told Chinese clients it is...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
US regulator grants crypto firms initial approval to launch trust banks
The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate[NEW YORK] Crypto giants, including Ripple and...
Ghost oil ships dock in Venezuela, showing challenge for US
The International Energy Agency estimates the current oversupply at a record 3.8 million barrels a day[HOUSTON] Two so-called ghost oil ships are currently loading off the coast of Venezuela,...
