Raises
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a...
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
[SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per...
Nomura raises top executives’ pay to highest in over a decade
Published Fri, May 23, 2025 · 09:32 AMNOMURA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a...
UBS raises S&P 500 year-end target, eyes more gains in 2026
Published Fri, May 23, 2025 · 07:14 AMUBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June...
Richest Thai man raises top bank’s stake to be No 3 shareholder
Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht Published Mon, May 19, 2025 · 12:36 PM[BANGKOK] Gulf Development, controlled by Thailand’s richest man Sarath...
Apple Raises $4.5 Billion Through Bond Sale to Support Stock Buybacks and Debt Repayment
Apple Inc. has recently turned to the bond market for funds. In May 2023, for example, the company sold $5.25 billion worth of bonds in a five-part sale, its...
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
[SINGAPORE] Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. This includes “significant participation” from...
