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First Sponsor seeks to raise S$283.8 million in convertible perps issue
FIRST Sponsor Group is proposing a renounceable and non-underwritten rights issue of perpetual convertible capital securities to raise S$283.8 million. The perps will be issued at S$1.08 each on...
Bank of Japan’s Ueda signals readiness to raise rates if growth, inflation on track
BANK of Japan Governor Kazuo Ueda said on Friday the central bank stood ready to raise interest rates if the economy and prices move in line with its forecast,...
South Korea to hold emergency meeting after EV fires raise safety concerns
SOUTH Korea’s environment ministry said on Thursday (Aug 8) it plans to hold an emergency meeting next week to discuss fires involving electric vehicle (EVs), including a blaze that...
TSMC rides AI demand to raise Q3 revenue forecast
TAIWAN’S TSMC, the world’s largest contract chipmaker, forecast on Thursday (Jul 18) its revenue in the current quarter will increase by as much as 34 per cent, driven by...
TSMC rides AI demand to raise revenue forecast, says no to US joint venture
TAIWAN’S TSMC, the world’s largest contract chipmaker, raised its full-year revenue forecast on Thursday (Jul 18) given surging demand for chips used in artificial intelligence, and rejected the idea...
Japan aims to raise jet fuel production, imports to ease crunch
JAPAN plans to increase the production and import of jet fuel in an effort to ease an ongoing shortage that has hampered the operations of foreign airlines in the...
Hot stock: V2Y surges 33.3% on proposed placement to raise S$2 million
SHARES of V2Y Corporation rose as much as 33.3 per cent on Thursday (Jul 11) morning, after it proposed to raise S$2 million by issuing a total of 135.1...
At least four companies launch Hong Kong IPOs to raise about US$500 million
Bankers are hoping an increase in Chinese regulatory approvals and a surge in Indian deals will make Asia an equity capital market hotspot in the second half of 2024At...
