Raises
South Korea extends rate pause, raises growth outlook
SOUTH Korea’s central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun...
JD.com raises US$1.75 billion in convertible bonds
JD.COM sold US$1.75 billion of bonds due in five years that can be converted into the Chinese e-commerce retailer’s equity.
JPMorgan raises 2024 interest income forecast to US$91 billion
JPMORGAN Chase on Monday (May 20) raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to...
Indonesia raises US$1.3 billion in its largest Samurai bond sale
INDONESIA raised 200 billion yen (S$1.72 billion) in its largest sale of Japanese yen-denominated bonds, the finance ministry said in a statement on Friday (May 17).
Japan’s Honda raises electrification investment to US$65 billion through FY2030
JAPAN’S Honda Motor pledged to double its electrification and software investment to about US$65 billion over the 10 years running through the 2030 business year, it said on Thursday...
Grab’s Q1 loss narrows to US$115 million; raises adjusted Ebitda target
Grab reported a net loss of US$115 million for the first quarter of 2024, narrowing 54 per cent from its loss of US$250 million a year prior. This was...
Goldman raises US$3.6 billion for new real estate credit fund
GOLDMAN Sachs’s alternatives business raised US$3.6 billion for its latest real estate credit fund, giving it firepower at a time of market dislocation.That figure eclipses the roughly US$2.6 billion...
TPG raises US$8 billion for Asia-focused private equity, real estate funds
TPG raised around US$8 billion for its Asia-focused private equity and real estate funds, the global alternative asset manager said on Thursday (May 9).The fundraising takes TPG’s total Asia...
