Meta’s backstop is linchpin for US$26 billion AI data-centre deal
When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new ...
Tag: Billion
Apple’s India sales hit record US$9 billion after big retail push
Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer ...
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managersPublished Thu, Sep 4, 2025 · ...
Musk’s xAI sues Apple and OpenAI, escalating billionaire’s tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI ...
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 ...
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 ...
OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion
OCBC has lowered its target net interest margin (NIM) for FY2025 to a range of 1.9 to 1.95 per cent, ...
MPACT to dispose two office buildings in Japan for 8.7 billion yen
Move is not expected to have a material impact on the trust’s net asset value as at Mar 31, 2026 ...
ST Engineering bags new contracts worth S$4.7 billion in Q2 2025
ST Engineering on Wednesday (Jul 23) announced that it secured S$4.7 billion in new contracts in the second quarter of ...
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme ...
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