Capital
China central bank approves Tencent’s Tenpay capital boost to 15.3 billion yuan
CHINA’S central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan (S$2.8 billion), according to a central bank statement on Friday...
UK regulators lift punitive capital demands on Nomura, sources say
UK REGULATOR eased capital demands on Nomura Holdings that had been placed after it lost US$2.9 billion on fund Archegos, according to two people with knowledge of the matter,...
India’s Tata Capital plans to raise US$750 million in debut foreign funding next fiscal year
INDIA’S Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around US$750 million via offshore bonds or loans in the next fiscal...
High capital expenditure, tech changes could dampen outlook for data-centre S-Reits
ANALYSTS are optimistic that Singapore-listed real estate investment trusts (S-Reits) with exposure to data-centre assets will benefit from plans announced in Budget 2024 to ride on the artificial intelligence...
High capital expenditure, tech changes could dampen outlook for data-centre S-Reits
ANALYSTS are optimistic that Singapore-listed real estate investment trusts (S-Reits) with exposure to data-centre assets will benefit from plans announced in Budget 2024 to ride on the artificial intelligence...
An earthquake with a preliminary 5.6 magnitude shakes Indonesia’s capital
JAKARTA, Indonesia -- A moderately strong earthquake late Sunday shook parts of Indonesia’s main island of Java and the country’s capital. There were no immediate reports of damage or...
Capital One, Truist, Walmart Announce Billion Dollar Deals | Entrepreneur
This article originally appeared on Business Insider. Corporate dealmaking is staging an epic comeback this year.This week alone, Capital One agreed to acquire Discover for $35 billion, Truist Financial...
Capital One to buy Discover Financial in US$35.3 billion all-stock deal
CAPITAL One, a US consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services in an all-stock transaction valued at...
Kore’s distribution halt reflects Reits’ ‘original sin’ of needing constant access to capital to exist
THE frightening thing about Keppel Pacific Oak US Reit (Kore) suspending its distributions last week is that doing so was deemed necessary despite its relatively good operational performance. For...
