Billion
US awards US$1.5 billion to GlobalFoundries for domestic semiconductor production
THE US government is awarding US$1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday (Feb 19), in a bid to strengthen domestic supply chains....
China state banks earmark 60 billion yuan for property projects
CHINA’S state-owned lenders have earmarked at least 60 billion yuan (S$11.4 billion) of loans for property projects eligible for support, heeding Beijing’s call to boost lending to the beleaguered...
Hot stock: Olam surges after investigations show no involvement in US$50 billion Nigerian fraud
SHARES of Olam Group soared on Monday (Feb 19) after the group announced it recently concluded investigations into Olam Nigeria, which turned up no evidence of involvement in a...
Retail investors net buy S$1 billion of Singapore stocks in early 2024
THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million. This...
How to Make Your Business Stand Out in a $21.2 Billion Market | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. When Patagonia announced it would no longer put corporate logos on its apparel, it sparked a larger discussion around the sustainability...
Elon Musk’s Tesla Ownership Stake Is Worth Over $120 Billion | Entrepreneur
This article originally appeared on Business Insider. Elon Musk owns a 20.5% stake in Tesla that is worth just over $120 billion, according to a filing made with the...
Web cartoons platform Naver eyes US$4 billion value in US summer IPO
NAVER Corp has enlisted Goldman Sachs and Morgan Stanley to work on a US initial public offering (IPO) for its online comics operator over the summer, accelerating the much-anticipated...
Morgan Stanley seeks up to US$1 billion in GE HealthCare shares
MORGAN Stanley is seeking as much as US$1.1 billion for a block of GE HealthCare Technologies shares as part of a debt-for-equity swap, people familiar with the situation said....
