Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, ...
Tag: Billion
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against ...
Oracle inks cloud deal worth US$30 billion a year
That revenue alone would represent nearly three times the size of Oracle’s current infrastructure businessPublished Tue, Jul 1, 2025 · ...
Boeing’s US$4.7 billion Spirit deal faces UK antitrust probe
The probe will determine if the deal raises the risk of substantial lessening of competition in the UKPublished Mon, Jun ...
UBS kicks off share buyback programme of up to US$2 billion
Published Mon, Jun 30, 2025 · 04:13 PM UBS Group is launching a programme to repurchase as much as US$2 ...
Singtel CEO Yuen Kuan Moon’s pay up 16.8% to S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen ...
Torrent to acquire KKR’s stake in JB Pharma for US$1.4 billion
Torrent Pharmaceuticals agreed to take a controlling stake in JB Chemicals & Pharmaceuticals from private equity firm KKR, the latest ...
China’s Zijin Mining to acquire Kazakh gold mine in US$1.2 billion deal
Published Mon, Jun 30, 2025 · 09:11 AMCHINA’S biggest gold and copper producer Zijin Mining said on Monday it had ...
Apple supplier Lens Technology seeks up to HK$4.8 billion in Hong Kong listing
The Shenzhen-listed company expects the shares to start trading in Hong Kong on Jul 9Published Mon, Jun 30, 2025 · ...
Asian banks fuel more than US$2 billion loan boom in Middle East
Middle East borrowers are ramping up loans that are being syndicated in Asia-Pacific as they look to diversify fundraising beyond ...
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