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StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income[SINGAPORE] Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year...
BYD’s US$45 billion stock wipeout raises doubts on China outlook
At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground[HONG KONG] BYD faces pressure to restore investor confidence after a US$45 billion stock...
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Denver-based Yes! manages tens of thousands of factory-built affordable homes in the US[SINGAPORE] Brookfield Asset Management is in talks to acquire Yes! Communities from Singapore’s GIC in a deal...
Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
[NEW YORK] The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the busiest period since 2021. While...
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
[DUBAI] Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11), as investors appeared unperturbed...
Meta’s backstop is linchpin for US$26 billion AI data-centre deal
[NEW YORK] When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key detail made all...
Apple’s India sales hit record US$9 billion after big retail push
[NEW DELHI] Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the...
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 · 10:35 PM[NEW YORK] Citigroup said on Thursday (Sep 4)...
